Higher interest rates may hit Rs 33k crore rural projects: Nabard – Economic Times

Higher interest rates may hit Rs 33k crore rural projects: Nabard – Economic Times

Higher interest rates may hit Rs 33k crore rural projects: Nabard
Economic Times
KOLKATA: National Bank for Agriculture & Rural Development (Nabard) has said rural infrastructure projects worth Rs 33000 crore may get stranded as state governments may not like to draw funds at a higher 8% interest rate as per a Reserve Bank of India

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