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AIBP fund push for 11 State projects
Union Minister for Water Resources, River Development and Ganga Rejuvenation Uma Bharti announced here on Friday the release of first instalment of Rs 1,500 crore to the States as Central assistance for 99 prioritised irrigation projects under the Accelerated Irrigation Benefits Programme (AIBP).
New Delhi: Union Minister for Water Resources, River Development and Ganga Rejuvenation Uma Bharti announced here on Friday the release of first instalment of Rs 1,500 crore to the States as Central assistance for 99 prioritised irrigation projects under the Accelerated Irrigation Benefits Programme (AIBP).
This amount has been released for 50 projects in the States of Telangana, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Manipur, Odisha, Punjab and Rajasthan.
Addressing a press conference in New Delhi on Friday, the Minister said it was a historic day for the AIBP as it would mark a new beginning for these projects. She said total funds required for the completion of all the 99 identified projects had been estimated at Rs 77,595 crore (Rs 48,546 crore for project works and Rs 29,049 crore for Command Area Development works). Likely potential utilisation through these projects was estimated to be 76.03 lakh hectares.
Telangana is one of the States which had entered into a tripartite agreement with National Water Development Authority (NWDA) and National Bank for Agriculture and Rural Development (Nabard) to ensure a release of Rs 7,000 crore funding support from the Centre for 11 pending irrigation projects in the State.
Out of the 99 pending projects in the country, 11 irrigation projects in Telangana will get the funding support. The list of Telangana projects includes Devadula, Rajiv Bhima lift irrigation, Komaram Bheem and second phase of Sriram Sagar.
Telangana will also get Rs 2,000 crore as Central fund under Pradhan Mantri Krishi Sinchai Yojna (PMKSY) and Rs 5,000 crore as loan from Nabard.
