News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

This article was first published 13 years ago
Home  » Business » Cabinet okays Rs 7,000 cr plan to clean Ganga

Cabinet okays Rs 7,000 cr plan to clean Ganga

Source: PTI
April 28, 2011 16:36 IST
Get Rediff News in your Inbox:
The Cabinet Committee on Economic Affairs on Thursday approved a Rs. 7,000-crore (Rs. 70 billion) project for cleaning of River Ganga to be implemented by the National Ganga River Basin Authority.

The share of central government will be Rs. 5,100 crore (Rs. 510 billion) and that of the state governments of Uttarakhand, Uttar Pradesh, Bihar, Jharkhand and West Bengal will be Rs. 1,900 crore (Rs. 190 billion).

The World Bank has agreed in-principle to provide a loan assistance of $1 billion (Rs. 4,600 crore) for the NGRBA project, which will form part of the central share of the project.

The duration of the project will be eight years.

NGRBA was constituted in February, 2009 as an empowered planning, financing, monitoring and coordinating authority for the Ganga River under the Environment (Protection) Act, 1986.

The objective of the Authority, which is chaired by
the Prime Minister, is to ensure conservation of the river Ganga by comprehensive planning and management, adopting a river basin approach.

The project is envisaged as the first phase in a long-term programme of World Bank support to NGRBA.

The project, which will support NGRBA's objective of Mission Clean Ganga, has been designed keeping in view the lessons learnt from the previous Ganga Action Plan and international river clean-ups.

The project will have components relating to institutional development for setting up dedicated institutions for implementing the NGRBA programme, setting up Ganga Knowledge Centre and strengthening environmental regulators (Pollution Control Boards) and local institutions (ULBs, etc).

It will also have components relating to infrastructure investments including for municipal sewage, industrial pollution, solid wastes and river front management, and (c) project implementation support.

Get Rediff News in your Inbox:
Source: PTI© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.
 

Moneywiz Live!