The PIDF was set up for financing ongoing rural Infrastructure projects. What does 'I' stand for in 'RIDF'?

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CollectorBabu · Accepted Answer

Correct Answer: Infrastructure. RIDF - Rural Infrastructure Development Fund The RIDF was set up by the Government in 1995-96 for financing ongoing rural Infrastructure projects. The Fund is maintained by the National Bank for Agriculture and Rural Development (NABARD). Domestic commercial banks contribute to the Fund to the extent of their shortfall in stipulated priority sector lending to agriculture.   A RIDF  includes rural water supply, rural roads and rural electrification whereas rural industry is not involved in it.

The PIDF was set up for financing ongoing rural Infrastructure projects. What does 'I' stand for in 'RIDF'?

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