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The Hindu
The Hindu
National
Sambasiva Rao M.

Andhra Pradesh: Centre to fund Polavaram project as per the latest price levels

Apart from sanctioning ₹12,911 crore for completion of the Polavaram irrigation project, the Union government has promised the Government of Andhra Pradesh to remove certain restrictions on payments, consider the latest price levels, and extend financial assistance for the damages caused due to unexpected flooding in the Godavari. 

“There are three major points in the Office Memorandum issued on June 5, 2023, by the Finance Ministry,” Shashibhushan Kumar, Principal Secretary, Water Resources Department told The Hindu.

“The Central government has removed the component-wise restriction on payments. This apart, it has also accepted the proposal to fund the project as per the cost prevailing now,” he said.

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