Live
- DEO suspends teacher accused of sexual assault
- PM ‘cursing’ Congress out of despair: Maharashtra Cong Chief
- Applications are invited for Junior Colleges Scheme District Scheduled Castes Development Officer Ramlal
- A nomination was filed on the second day for the Nagar Kurnool parliamentary seat
- SP Gaikwad inspected the Telangana Amarnath Saleswaram Jatara yatra arrangements
- Rahul Gandhi's decision to contest from Wayanad shows 'lack of confidence': BJP President Nadda
- IPL 2024: Delhi bowlers will go after all of SRH’s top-order batters, says head coach Ricky Ponting
- At Amroha rally, PM Modi sends out ‘meaningful’ message for Muslims and Hindus
- Tripura records highest 79.83 pc voter turnout in Northeast
- The government has to clear the confusion
Punjab Government to seek USD 210 million loan for water supply
Punjab Government to seek USD 210 million loan for water supply
The Punjab government will seek a $210 million loan from the World Bank or the Asian Infrastructure Investment Bank (AIIB) for the canal-based water supply project for Amritsar and Ludhiana under the Punjab Municipal Service Improvement Project (PMSIP)
Chandigarh: The Punjab government will seek a $210 million loan from the World Bank or the Asian Infrastructure Investment Bank (AIIB) for the canal-based water supply project for Amritsar and Ludhiana under the Punjab Municipal Service Improvement Project (PMSIP).
The decision to seek such loan was taken on Friday by the state Cabinet at a virtual meeting chaired by Chief Minister Amarinder Singh.
The cabinet authorised the Chief Minister to take any decision to meet the objectives of the project and to ensure successful and timely implementation of various activities proposed by both the lenders.
The proposed project investment is expected to cost around $300 million, of which the International Bank for Reconstruction and Development (IBRD) will finance 70 per cent and the Punjab government 30 per cent.
The cabinet was informed that the present water supply system to the residents of Ludhiana and Amritsar towns is through deep bore tubewells installed at different sites.
However, with the passage of time, the groundwater level is depleting, causing the tubewells to need frequent replacement. Also, the discharge in the tubewells gets reduced, as a result of which residents often complain of getting insufficient water for drinking purpose.
To overcome this problem, it has now been decided to shift to a canal-based water supply in these two towns by seeking a loan.
The work for the water supply for Amritsar town has already been awarded, whereas request for proposal for Ludhiana town is being floated. The implementation period for this project will be three years after award of work.
