"To complete all the projects, we will need at least Rs 70,000-80,000 crore. We plan to raise Rs 20,000 crore annually over the next four years so that funds can be made available to complete these projects," Water Resources minister Girish Mahajan said while replying to a discussion on budget expenditure for the department in the assembly.
"We are in talks with JICA and other financial institutions to raise loans for the irrigation projects," he said.
He said the government had budgeted only Rs 7,272 crore, which was insufficient to complete all the projects.
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