The approved cost of the Polavaram Project in Andhra Pradesh is Rs. 16010.45 crore at 2010-11 price level. The irrigation component of the project is Rs.12294.40 crore. Central Assistance (CA) of Rs. 562.47 crore was provided for the project under AIBP upto 31st March, 2014.
After the project was declared a National Project, Ministry of Finance informed that it will provide 100% of the remaining cost of the irrigation component only, for the period starting from 01st April, 2014, to the extent of the cost of the irrigation component on that date. After this, CA of Rs. 3364.16 crore has been released for this project from 01st April, 2014 to 31st March, 2017. During 2017-18 CA of Rs. 979.36 crore has been released and another Rs. 1020.64 Cr. has been sanctioned.
The State Government has informed that they are taking all steps for timely completion of the project duly resolving all hurdles like pending land and R&R issues, finalization of designs, NH crossings, problems at work front etc. As informed by the Water Resource Department, Govt. of Andhra Pradesh, the project is targeted to be completed by 2019.
This information was given by Union Minister of State for Water Resources, River Development and Ganga Rejuvenation and Parliamentary Affairs Shri Arjun Ram Meghwal in a written reply in Lok Sabha today.
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