River-linking to cost Rs. 5-lakh crore - News Summed Up

River-linking to cost Rs. 5-lakh crore


The peninsular component of the project could likely cost Rs 1,85,000 crore and the Himalayan Rs 3,75,000 crore. “These are sensitive to revision assuming that all projects come through,” said a top official in the Water Resources Ministry. The government expects to spend a massive Rs 5,60,000 crore on various river interlinking (ILR) projects, according to a statement by Minister of State, Water Resources, Sanjeev Balyan in the Lok Sabha on Monday. The Government is planning to begin implementing this as a model ILR project, which will benefit the drought prone areas of Bundelkhand region. Pre-feasibility reports of 36 Intra-State link proposals out of 46 proposals of Intra-State links had also been completed, the Minister added.


Source: The Hindu August 08, 2016 22:52 UTC



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