Chief Secretary reviews progress of NABARD funded projects

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By Fast Kashmir on 25/10/2017.

Chief Secretary reviews progress of NABARD funded projects

Chairs 2nd HPC meeting

SRINAGAR, OCTOBER 24: Chief Secretary, B B Vyas  Tuesday chaired the 2nd High Powered Committee (HPC) meeting-2017-18, to review the status of projects funded under Rural Infrastructure Development Fund (RIDF) of NABARD.

Principal Secretary, Health & Medical Education, Commissioner/ Secretary, PW(R&B), Commissioner/ Secretary, Animal & Sheep Husbandry, Chief General Manager, NABARD and other senior officers participated in the meeting.

The Committee was informed that for the financial year 2017-18, under RIDF, a total outlay of Rs 445.11 Crore has been sanctioned for projects in R&B, PHE, I&FC, Health, Animal & Sheep Husbandry and Agriculture sectors. Out of the total outlay Rs 397.61 Crore have been sanctioned under District sector and Rs 47.50 Crore under State Sector.

Chief Secretary asked the concerned Administrative Secretaries to speed up expenditure in the ongoing projects and forward project proposals to NABARD immediately for funding. The Committee set up a revised deadline of 15th November, 2017, for preparation and submission of DPRs and Project Completion Reports (PCRs).

Chief Secretary stressed upon the implementing agencies to expedite the work on all projects to be completed during the year 2017-18. He further stressed that incomplete projects of earlier tranches should be reposed under current tranche to ensure completion of balance work. Administrative Secretaries were directed to review progress of NABARD funded projects on monthly basis and share the progress with the Finance and Planning Departments.

The PHE, I&FC department was asked to formulate a comprehensive Long Term Irrigation Plan (LTIF) for the financial year 2017-18 under NABARD funding and submit DPR to NABARD for funding through the Planning and Finance department.

Chief Secretary stressed on organising exposure visits for KAS officers to successful RIDF projects implemented in other states across various sectors. He said officers will have to make a presentation after returning from such exposure visits and share their experience.

Deliberations were also held to address various issues relating to fund flow and gaps, non starter and slow moving projects The Committee will again meet to review the progress in the 3rd week of November, 2017.