Maharashtra govt organises funds for 277 irrigation projects – Feedback

The government of Maharashtra is organising funds for 277 pending irrigation projects across the state. A total of Rs 67,000 crore will be required to complete the pending irrigation projects.

Some of these projects could not be completed because of paltry allocations and alleged corruption in awarding contracts. The government aims to complete these projects by 2020. Of the total funds, the government will provide Rs 24,000 crore through budgetary allocations in phases. It plans to obtain loans amounting to Rs 12,770 crore from the National Bank for Agriculture and Rural Development (NABARD) and issue bonds amounting to Rs 14,800 crore.

http://www.projectstoday.com/News/Maharashtra-govt-organises-funds-for-277-irrigation-projects

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