SHIMLA: Development bank Nabard extended the highest loan assistance of Rs 1,696.24 crore to Himachal Pradesh in 2015-16 for various activities including crop loan and investment. As many as 170 infrastructural projects relating to roads, bridges, polyhouses, flood protection were given loan assistance of Rs 644.92 crore, and Rs 500 crore were disbursed to the state government during 2015-
16, Nabard CGM Deepak Kumar said at a function here today. The projects supported by NABARD included modernisation and upgradation of three existing cold storages of HPMC, to 'Controlled Atmosphere' cold stores, Rs 100 crore disbursed to HPSCB (HP state Cooperative Bank) for financing short term multipurpose activities, besides a loan of Rs 1.14 crore for diversification of their business portfolio/ activities. He informed that a Rs 20 crore project 'Sustainable Livelihoods of Agriculture-Dependent Rural Communities in Drought Prone Districts of Himachal Pradesh through Climate Smart Solutions' under National Adaptation Fund for Climate Change (NAFCC) has been sanctioned to Himachal Government and is under implementation in Sirmaur district.
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