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Centre May Revisit Rural Fund Amid Livelihood Stress
Mint Mumbai
|April 11, 2025
The government may revise allocations to the Rural Infrastructure Development Fund (RIDF) later this year following a broader expenditure review aimed at bolstering the rural economy, two people familiar with the matter told Mint.
The RIDF, managed by the National Bank for Agriculture and Rural Development (Nabard), has had a budgeted allocation of ₹40,000 crore annually since it was raised from ₹30,000 crore in FY22.
Despite this, actual disbursements have consistently exceeded the budgeted amounts—reaching ₹42,799 crore during the first 11 months of FY25 and ₹49,400 crore in FY24—prompting discussions on whether formal allocations should better reflect ground-level demand.
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