CHIEF MINISTER'S OFFICE GOVERNMENT OF TELANGANA PRESS RELEASE DATE: 21-02-2015 National Bank for Agriculture and Rural Development (NABARD) has agreed to extend financial support to both Mission Kakatiya and Telangana Drinking Water Project. The Chief General Manager of NABARD, Hyderabad Unit Sri. Jiji Mammen called on the Honourable Chief Minister and said, that, this year they are funding Rs. 360 Crores for Mission Kakatiya and would extend to Rs. 500 Crores during the next financial year. He told the Honourable Chief Minister that the Drinking Water Supply Project would be funded from NABARD Infrastructure development fund as part of RIDF (Rural Infrastructure Development Fund) loan. He also assured the Honourable Chief Minister that with government guarantee, NABARD also bring down the rate of interest. He however, requested to phase out the project into smaller phases so that they can put up every year some funds. Starting from Rs. 1000 Crores during the financial year 2015-16 N

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