Punjab Finance Minister Harpal Singh Cheema on Thursday said the state has “drastically” improved its performance, registering a record utilisation of Rs 800 crore funds in FY23 for the rural infrastructure development projects assisted by NABARD.
He was chairing a meeting to review the National Bank for Agriculture and Rural Development (NABARD) assisted projects, a state government release said.
The minister lauded the role of the finance department and NABARD in smooth implementation enabling high utilisation for the ongoing projects. He also thanked NABARD for sanctioning new projects worth Rs 919 crore, the highest so far for Punjab.