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Large Increase for Polavaram: Central Authorities Releases Rs. 2800 Crores


The Polavaram Mission is shifting ahead at full velocity, bringing hope to hundreds of thousands. In a first-of-its-kind transfer, the central authorities has agreed to offer advance funds for the mission’s building. On Monday, the Union Finance Secretary gave the inexperienced gentle to launch the finances, with an preliminary grant of about 2,800 crore rupees. This cash will attain the state authorities as an ‘advance’ fee.

In the meantime, the Water Assets Division is gearing as much as begin work on the brand new diaphragm wall in November. A vital assembly is deliberate for late October or early November on the mission web site. Worldwide specialists, the Central Water Fee, Polavaram Authority, and mission officers will come collectively to make necessary technical choices.

Proper now, officers are busy designing the brand new diaphragm wall and planning the development schedule. Their purpose? To complete constructing the diaphragm wall by July subsequent yr.

The primary part of the Polavaram Mission wants 14,237 crore rupees. The central authorities lately permitted this quantity and agreed to offer it upfront. This can be a large change from earlier than when the state needed to borrow cash from NABARD to pay for the work.

The central authorities is now planning to put aside cash for Polavaram in its particular Jal Shakti grant. Sources say the Union Finance Secretary has simply given the go-ahead to launch about 2,800 crore rupees.

To complete the primary part by August 31, 2024, they want 12,949 crore rupees extra. The state authorities has requested for five,931.71 crore rupees for this monetary yr (2024-25). They’ve requested a complete of seven,218.68 crore rupees instantly to cowl pending payments and this yr’s wants.

The Polavaram Mission Authority (PPA) and state authorities officers have been discussing these particulars since September. The PPA has beneficial barely decrease quantities than what the state authorities proposed for varied components of the mission, together with the principle dam, land acquisition, and rehabilitation.

This mission is a game-changer for the Andhra Pradesh, promising water safety and financial development.

-Sanyogita

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#Large #Increase #Polavaram #Central #Authorities #Releases #Crores
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