Ken-Betwa river linking project to be launched once its

Image
Press Trust of India New Delhi
Last Updated : Dec 26 2016 | 7:57 PM IST
The ambitious Ken-Betwa river-linking project will be launched once its funding pattern is decided, Union Water Resources Minister Uma Bharti said here today.
The Ministry has received wildlife clearance for the multi-crore project, first such initiative aimed at linking inter-state rivers in the country. However, it awaits forest and environment approvals.
"The NITI Aayog had earlier recommended funding pattern for the project as per Accelerated Irrigation Benefit Programme (AIBP). I have requested the Aayog that the funding pattern has to be 90:10 (Centre: state sharing pattern) or 100 per cent (Centrally-funded).
"The moment the funding pattern is decided, the project will be launched," she said.
Bharti made the remarks during an event in which she handed over Rs 1981-crore cheque issued by NABARD to Andhra Pradesh Chief Minister Chandrababu for Polavaram project.
Union Finance Minister Arun Jaitley and Urban Development Minister Venkaiah Naidu also attended the event.
Bharti though did not specify by when the funding pattern will be finalised for the river-linking project.
Besides Andhra Pradesh, the NABARD issued cheques worth Rs 830 crore and Rs 463 crore as assistance for completing irrigation projects in Maharashtra and Gujarat respectively.
The Ken-Betwa project is expected to irrigate 6.35 lakh hectares of land at an estimated cost of Rs 9,393 crore in the Bundelkhand region covering parts of Madhya Pradesh and Uttar Pradesh.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 26 2016 | 7:57 PM IST

Next Story