Proposal for Dam Rehabilitation and Improvement Project approved

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..... Proposal for Dam Rehabilitation and Improvement Project approved - News and Press Release Dated:- 25-10-2011 - News - Press Information Bureau Government of India Cabinet Committee on Economic Affairs (CCEA) 25-October-2011 15:04 IST The Cabinet Committee on Economic Affairs today approved the proposal for scheme of Dam Rehabilitation and Improvement Project (DRIP) with the World Bank .....

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..... assistance. Total cost of the scheme is Rs.21,000 crore (Rs.1968 crore for State component and Rs.132 crore for Central component), comprising Rs.1680 crore will be funded by World Bank, Rs.393.60 crore will be funded by the Dam Rehabilitation and Improvement Project (DRIP) states and balance Rs.26.4 crore through central sector scheme. It would provide rehabilitation of 223 Dams in the St .....

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..... ates of Kerala, Madhya Pradesh, Orissa and Tamil Nadu along with the dam safety institutional strengthening in these four States and Strengthening of the Dam Safety Organizations at national level in Central Water Commission. The project will improve the safety and operational performance of selected existing dams with reduced risk of failure. The primary beneficiaries are both urban and rural .....

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..... communities dependent on the concerned reservoirs for their water supply and livelihood as well as all downstream communities, who could be placed at physical and/or operational risk if dam safety is compromised. With the institutional strengthening component, Dam Safety Organisations (DSOs) will become effective organisations that can take the lead in overseeing that dams remain safe from a stru .....

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..... ctural and operational point of view. *** AD/SC/SK/LM - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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