Budget 2018: This is why Maharashtra's drought woes are likely to continue

Budget 2018
From numerous points of view, the Lendi water system venture near the Andhra Pradesh-Maharashtra fringe keeps on being a prime case of the unbearable postpones that have tormented water system extends in India.
Considered in 1987, this real water system venture was to be finished in 1992. The task included building a dam at the Lendi waterway to store more than 6 trillion cubic meters of water before it joined the Manjira stream, a tributary of the Godavari, the biggest stream of peninsular India.
The task being executed by the Godavari Marathwada Irrigation Development Corporation Ltd was initially conceived to be worked at the cost of a large portion of a billion rupees. Be that as it may, in 2016, experts additionally pushed the consummation date to 2020 with a modified cost of Rs 14 billion. On the off chance that the venture is finished following 28 years of deferral, it will join 16 other such water system extends in Maharashtra that have been hanging fire for more than two decades. A considerable lot of these ventures are in the extreme dry season hit areas of Vidarbha and Marathwada in the state.
This shouldn't have been a lot of a trouble for Finance Minister Arun Jaitley, who inspires set to display his administration's keep going undeniable Budget on February 1, 2018.

In any case, the way that such deferred ventures speck Maharashtra would absolutely bother the fund serve. Data sourced from his service demonstrates that these multi-decade delays in finishing minor and real water system extends crosswise over Maharashtra have taken a toll the administration a great deal of cash throughout the years. Out of a sum of 29 water system extends under development in the state, 16 are deferred with monstrous time slacks. These ventures that ought to have been finished at an expected cost of Rs 9 billion will now wind up costing more than Rs 50 billion. Also, the destiny of those normal to be charged in 2018 still stays misty.

Click Here To know More – Budget 2018

Comments

Post a Comment

Popular posts from this blog

Raj Thackeray calls for 'Modi-mukt Bharat' 

Image
Maharashtra Navnirman Sena (MNS) chief Raj Thackeray on Sunday called for a 'Modi-mukt Bharat. Addressing a rally on the occasion of Gudi Padwa in Mumbai's Shivaji Park, Thackeray said, 'Today, we have to gear up for the third independence. All the political parties must unite to make Modi-mukt Bharat a reality. In an hour-long speech, the MNS chief also warned about attempts by certain elements to spark nation-wide riots in future. Voices of a "united opposition" gained even more momentum after the Bharatiya Janata Party's (BJP) lost two crucial seats in the Uttar Pradesh by-polls. According to the experts, joining forces is the only way to dethrone the Modi-led government in 2019 Lok Sabha elections. Click Here To know More – Raj Thackeray
Read more

Govt mulls allowing airlines with negative net worth to bid for Air India

Image
The government is likely to relax the eligibility criteria for Air India disinvestment by allowing airlines with negative net worth to bid. However, non-airline companies may be told to satisfy minimum net worth conditions to prove their financial strength. The evaluation committee of Air India, after discussions with the Ministry of Civil Aviation, had suggested that all bidders be mandated to fulfil a minimum net worth criterion, a source said. However, when the Core Group of Secretaries on Disinvestment (CGD) met over the last two weeks to finalise the bidding norms, some members pointed out that setting high net worth as an eligibility condition would block the prospects of many airline companies. In fact, the difference in opinion between the two government bodies has led to a delay in the announcement of the expression of interest. The core group has now suggested that a company with a proven track record of running a successful airline be allowed to b...
Read more

Putin wins 75 per cent of vote: partial results 

Image
Vladimir Putin has been re-elected as Russian president with 75 per cent of the vote after half the votes were counted, partial results showed today. Putin's nearest competitor, Communist Party candidate Pavel Grudinin, was on 13.2 per cent, according to data from the central election commission. (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Clik Here To know More –Russia
Read more