The funds were sanctioned for creation of additional infrastructure in 131 government higher secondary schools in these districts

The National Bank for Agricultural and Rural Development (NABARD) has sanctioned Rs 129.82 crore to Tamil Nadu for creating additional infrastructure in schools in all 31 districts, a senior official said today.

The funds were sanctioned for creation of additional infrastructure in 131 government higher secondary schools in these districts.

“The project envisages construction of 1,508 classrooms, 112 laboratories, staff rooms, hostel blocks, drinking water facility and toilet blocks,” NABARD Chief General Manager Lalitha Venkatesan said in a statement.

Over one lakh students are expected to benefit from the exercise, she said.

Including this amount, NABARD has so far sanctioned Rs 822 crore under the Rural Infrastructure Development Fund (RIDF-XVIII) for 2012-13, she said.

Some of the other infrastructure development support by NABARD during the current year includes irrigation, laying of roads in rural and setting up of fish farms, she added.

source: http://www.Business-Standard.com / Home> Economy & Policy / by Press Trust of India / Chennai, August 28th, 2012