What was the initial corpus of the Rural Infrastructure Development Fund (RIDF) when it was established in 1995-96?
₹2,000 crore
The Rural Infrastructure Development Fund (RIDF) was set up in 1995-96 within NABARD to finance rural infrastructure projects of state governments.
It was established with an initial corpus of ₹2,000 crore, funded largely by commercial banks that fell short of their priority-sector lending targets.
The corpus was subsequently raised in later tranches, but at inception in 1995-96 it stood at ₹2,000 crore.
Hence, the initial corpus of RIDF was ₹2,000 crore.
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