NEW DELHI: Centre has charted out a roadmap for early completion of 99 identified projects under PM Krishi Sinchayee Yojna by 2019-20.
Out of these 23 projects (Priority-I) have been identified to be completed by 2016-17 and another 31 projects (Priority-II) have been identified to be completed by 2017-18.
The balance 45 projects (Priority-III) have been identified to be completed by December 2019.
NABARD has issued Rs 3274 crore for Irrigation projects under Centre’s PMKSY and AIBP Projects.
Among major include Rs. 1981 crore issued to Andhra Pradesh for Polavaram irrigation project, Rs. 830 crore to Maharashtra and Rs. 463 crore to Gujarat as financial assistance for various irrigation projects.
Of the 99 AIBP projects, 26 projects are in Maharashtra, eight in Andhra Pradesh and one in Gujarat.
The First tranche of central assistance amounting to Rs. 1500 crore was released by NABARD in October 2016, while the second tranche of central assistance amounting to Rs. 500 crore was released on December 26.
Keeping in view of the budgetary constraints, it has been decided to borrow Central share/Assistance (CA) from NABARD as per year-wise requirements which could be paid back in 15 years time keeping a grace period of 3 years.
The scheme at the Central level has been approved with projects to be completed in a mission mode and a Mission has been established with Additional Secretary/Special Secretary in the Ministry of Water Resources, River Development & Ganga Rejuvenation (MoWR, RD & GR) as the Mission Director.