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The National Bank for Agriculture and Rural Development (NABARD), has cleared the loan worth Rs 159.73 crore for infrastructure development concerning irrigation department, under the Rural Infrastructure Development Fund (RIDF) in Haryana. Besides, there are two more projects under consideration - Animal Husbandry and Dairying Department project worth Rs 33.30 crore and the Rs 20-crore Haryana Agro Industries Corporation project. The RIDF was set up with NABARD in 1995 with contributions from commercial banks, with an objective of aiding State Governments in the completion of ongoing rural infrastructure projects and also to take up new infrastructure projects.
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