New Delhi;
The Union Government has approved a World Bank-assisted watershed project with an outlay of over Rs 2,140 crore was approved by the government today.
The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi gave its nod to implement the World Bank (WB)-assisted National Watershed Management Project “Neeranchal” with a total outlay of USD 357 million (Rs 2142.30 crore).
The proposed project will be implemented at the national level as well as in Andhra Pradesh, Chhattisgarh, Gujarat, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, Rajasthan and Telangana, an official statement said.
The government’s share of 50 per cent will be Rs 1071.15 crore and remaining is loan component from the World Bank.
