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Questions and Answers
What percentage of the total allocation does the total sanctions under Tranche XXIX represent?
What percentage of the total allocation does the total sanctions under Tranche XXIX represent?
124%
What was the total amount disbursed by the RIDF as of 31 March 2024?
What was the total amount disbursed by the RIDF as of 31 March 2024?
₹42,563.92 crore
Under which sector did the highest sanction amount fall within Tranche XXIX?
Under which sector did the highest sanction amount fall within Tranche XXIX?
Agriculture Related (including irrigation)
What is the total number of projects sanctioned under the sectors mentioned?
What is the total number of projects sanctioned under the sectors mentioned?
What was the cumulative loan sanctioned to various State Governments by 31 March 2024?
What was the cumulative loan sanctioned to various State Governments by 31 March 2024?
What was the target amount that the RIDF aimed for in disbursements?
What was the target amount that the RIDF aimed for in disbursements?
Calculate the total amount sanctioned in the Social Sector under Tranche XXIX.
Calculate the total amount sanctioned in the Social Sector under Tranche XXIX.
What is the cumulative corpus amount as against which the cumulative loan has been sanctioned?
What is the cumulative corpus amount as against which the cumulative loan has been sanctioned?
What was the total cumulative loan sanctioned as of 31 March 2024?
What was the total cumulative loan sanctioned as of 31 March 2024?
What amount was released under LTIF for the Govt. of Jharkhand in 2023-24?
What amount was released under LTIF for the Govt. of Jharkhand in 2023-24?
What is the initial corpus amount of the Micro Irrigation Fund (MIF) established in 2019-20?
What is the initial corpus amount of the Micro Irrigation Fund (MIF) established in 2019-20?
How many states have executed the Tri-partite Memorandum of Agreement under MIF?
How many states have executed the Tri-partite Memorandum of Agreement under MIF?
As of 31 March 2024, what was the cumulative amount released under the Central share?
As of 31 March 2024, what was the cumulative amount released under the Central share?
What is the time frame for the MIF funding arrangement to operate?
What is the time frame for the MIF funding arrangement to operate?
What amount constitutes the State Share of the total cumulative loan sanctioned?
What amount constitutes the State Share of the total cumulative loan sanctioned?
Which program's provisions does the MIF aim to incentivize adoption beyond?
Which program's provisions does the MIF aim to incentivize adoption beyond?
What is the total cumulative amount released by 31 March 2024?
What is the total cumulative amount released by 31 March 2024?
What is the liquid milk processing capacity established by the sanctioned projects mentioned?
What is the liquid milk processing capacity established by the sanctioned projects mentioned?
What total amount has been released to NDDB during FY 2023-24 as requested by DAHD?
What total amount has been released to NDDB during FY 2023-24 as requested by DAHD?
What is the corpus amount created for the Fisheries and Aquaculture Infrastructure Development Fund?
What is the corpus amount created for the Fisheries and Aquaculture Infrastructure Development Fund?
How much did NABARD fund for public infrastructure components under the FIDF?
How much did NABARD fund for public infrastructure components under the FIDF?
Until what date has the Cabinet Committee on Economic Affairs approved the extension of the AHIDF?
Until what date has the Cabinet Committee on Economic Affairs approved the extension of the AHIDF?
What percentage of total RIDF sanctions was allocated to irrigation projects?
What percentage of total RIDF sanctions was allocated to irrigation projects?
Calculate the total loan outstanding under RIDF as of 31 March 2024.
Calculate the total loan outstanding under RIDF as of 31 March 2024.
What is the cumulative disbursement amount under RIDF as of 31 March 2024?
What is the cumulative disbursement amount under RIDF as of 31 March 2024?
Identify the sector with the highest percentage of RIDF sanctions.
Identify the sector with the highest percentage of RIDF sanctions.
How much irrigation potential is estimated to be created/ restored with RIDF assistance?
How much irrigation potential is estimated to be created/ restored with RIDF assistance?
What percentage of RIDF sanctions is attributed to rural connectivity?
What percentage of RIDF sanctions is attributed to rural connectivity?
What is the anticipated generation of non-recurring employment due to RIDF assistance?
What is the anticipated generation of non-recurring employment due to RIDF assistance?
What percentage of RIDF's total sanctions were designated for the social sector?
What percentage of RIDF's total sanctions were designated for the social sector?
How does the aggregate sanction amount compare to cumulative disbursements under RIDF?
How does the aggregate sanction amount compare to cumulative disbursements under RIDF?
When was the data regarding RIDF sanctions last updated?
When was the data regarding RIDF sanctions last updated?
What was the total loan amount sanctioned to the Government of Karnataka during FY 2023-24?
What was the total loan amount sanctioned to the Government of Karnataka during FY 2023-24?
As of March 31, 2024, what is the total amount of loans released under the MIF scheme?
As of March 31, 2024, what is the total amount of loans released under the MIF scheme?
How much area has been covered by micro irrigation under MIF as of December 31, 2023?
How much area has been covered by micro irrigation under MIF as of December 31, 2023?
What was the year-on-year growth percentage in sanctions under all products for FY 2023-24?
What was the year-on-year growth percentage in sanctions under all products for FY 2023-24?
What was the total disbursement amount during FY 2023-24?
What was the total disbursement amount during FY 2023-24?
What cumulative loan amount was sanctioned under the MIF scheme by March 31, 2024?
What cumulative loan amount was sanctioned under the MIF scheme by March 31, 2024?
By what percentage did the loan outstanding under BID products grow year-on-year by the end of FY 2023-24?
By what percentage did the loan outstanding under BID products grow year-on-year by the end of FY 2023-24?
What was the percentage that outstanding loans from new business products formed of NABARD's total loan book as of FY 2023-24?
What was the percentage that outstanding loans from new business products formed of NABARD's total loan book as of FY 2023-24?
How much has the loan outstanding increased in absolute terms from FY 2022-23 to FY 2023-24?
How much has the loan outstanding increased in absolute terms from FY 2022-23 to FY 2023-24?
What amount was announced for augmentation of the MIF corpus in the Union Budget 2021-22?
What amount was announced for augmentation of the MIF corpus in the Union Budget 2021-22?
Study Notes
Sanctions under Tranche XXIX
- Total sanctions reached ₹50,116 crore, exceeding corpus of ₹40,474.55 crore (124% allocation) as of 31 March 2024.
- Sectoral distribution of sanctions:
- Agriculture Related (including irrigation) received ₹20,750 crore (41%).
- Rural Connectivity received ₹16,742 crore (33%).
- Social Sector received ₹12,624 crore (26%).
- RIDF disbursements reached ₹42,563.92 crore, achieving 123% of the target of ₹34,528 crore.
- Cumulative sanctions totaled ₹5,51,724 crore against a cumulative corpus of ₹4,98,411 crore, including ₹18,500 crore under Bharat Nirman.
- 7.77 lakh projects sanctioned across three main sectors: Agriculture, Rural Connectivity, and Social Sector.
- Cumulative sanctions distribution: Agriculture and Related Sector (43%), Rural Connectivity (36%), Social Sector (21%), with Irrigation at 30% of total sanctions.
- Total disbursed since inception: ₹4,37,441 crore, representing 79.29% of the total sanctioned amount.
- Outstanding loan under RIDF as of 31 March 2024 is ₹1.69 lakh crore.
- Anticipated outcomes include restoration of 422 lakh ha irrigation potential, 5.62 lakh km of rural roads, and 14.08 lakh meters of bridges, alongside generating 3,096.23 crore man-days of employment.
Financial Progress and Development
- In 2023-24, ₹502.34 crore sanctioned to Jharkhand; ₹2,605.14 crore released to several states under LTIF.
- Cumulative loan sanctioned stands at ₹85,790.78 crore; Central Share at ₹46,495.93 crore; State Share at ₹39,294.85 crore.
- Released cumulative amount as of 31 March 2024: ₹61,350.92 crore, Central share at ₹26,500.60 crore, State share at ₹34,850.32 crore.
Micro Irrigation Fund (MIF)
- Initiated with a corpus of ₹5000 crore in 2019-20, aimed at enhancing micro irrigation resources.
- MoA executed with 10 states for mobilizing additional resources towards micro irrigation efforts.
- An expected additional corpus of ₹5000 crore is under government consideration for enhancement until FY 2025-26.
- In 2023-24, ₹290.33 crore loan sanctioned to Karnataka; cumulative loan sanctioned at ₹4,724.74 crore, with ₹3,387.80 crore released by 31 March 2024.
- Expansion of micro irrigation coverage targeted at 19.10 lakh ha, with 13.89 lakh ha covered as of 31 December 2023.
Other Business Initiatives
- Sanctions under business products reached ₹75,451 crore in FY 2023-24, showing a 10% year-on-year growth.
- Disbursements hit an all-time high of ₹73,879 crore, recording 30% growth.
- Outstanding loan under BID products rose to ₹75,022 crore, growing by 10% year-on-year.
- Key projects led to milk processing capacities: liquid milk (7.39 million litres/day) and milk powder processing (265 Metric tonnes/day).
- ₹176.31 crore released to NDDB in FY 2023-24; Cabinet approved merger of DIDF with AHIDF and its extension until March 2026.
Fisheries and Aquaculture Infrastructure Development Fund (FIDF)
- Established with a total corpus of ₹7,522.48 crore for public infrastructure development in fisheries and aquaculture from FY 2018-19 to 2022-23.
- NABARD to fund approximately ₹2,600 crore for facilities such as fishing harbours and fish markets.
- Total disbursements in FY 2023-24 amounted to ₹289.21 crore.
- Scheme extended for three more years until 31 March 2026 as per CCEA meeting on 08 February 2024.
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Description
This quiz explores the financial allocations and sectoral shares of sanctions under Tranche XXIX, providing a breakdown of the total sanctions amounting to ₹50,116 crore. Test your knowledge on the implications of these financial decisions across various sectors, particularly focusing on agriculture and irrigation.
