Potential of India's water infra schemes: $270 bn - News Summed Up

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Potential of India's water infra schemes: $270 bn


Of this $270 billion, a whopping $168 billion will be required for river linking, $94 billion for piped water supply, $4.5 billion for Prime Minister's Krishi Sinchai Yojana and $3.8 billion for Namami Gange. These projects will be jointly implemented by the Centre and the state governments with the involvement of the private sector. He clarified that the investment numbers are estimates by the Bank of America and not by the ministry. However, he added that the Centre may explore various revenue models to tap the investment potential as done in the past in roads, power sectors. He informed that the interlinking of rivers will irrigate 35 million hectares (25%) of farms and 34 GW of hydropower capacity.


Source: dna July 16, 2019 23:26 UTC



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