Financial Daily from THE HINDU group of publications
Wednesday, Feb 04, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Budget
Agri-Biz & Commodities - Water


Indira Gandhi canal project gets more funds

Our Bureau

New Delhi , Feb 3

THE Government has announced that water supply in Rajasthan would be augmented by accelerating work on the Indira Gandhi Canal and extending the Narmada Canal to the State.

"The Indira Gandhi Canal project has languished for decades, slowly inching its way, year after year, through the desert. Considering the inordinate delay in its completion and the critical importance of water in our desert areas, this canal project will, hereafter, be accelerated through a fresh Centre-State initiative, including additional, innovative funding," the Finance Minister, Mr Jaswant Singh, announced in the Interim Budget.

The over 2,000-km canal system is often described as the lifeline of the Thar desert. It originates in Punjab at the Hairke Barrage, a few km below the confluence of the Sutlej and Beas rivers and runs southwards up to Jaisalmer carrying Himalayan water to the desert State. The Centre will work with the Rajasthan Government for extension of the Narmada canal to the State and provide assistance for an early completion of the project, Mr Singh said.

The Centre has also decided to initiate an accelerated integrated drinking water supply scheme for mega-cities such as Delhi, Bangalore, Chennai and Hyderabad

The Central infrastructure development scheme in the mega cities will be augmented by funds from the Infrastructure Fund, the Life Insurance Corporation and other such sources, he said.

More Stories on : Budget | Water

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
US anti-dumping suit slows shrimp market


Jaswant strikes right note for polls — Sops for Central staff, promises for the rest
Mungeri Lal's dreams `come true'
LPG, kerosene subsidy in for cut
Defence gets Rs 25,000-cr non-lapsable upgrade fund
Cochin Chamber hails Budget
Tonnage tax for shipping industry looks a certainty now
Six new AIIMS proposed
Interim Budget '04: Key features
Govt betting big on industrial recovery
Rs 1,583-crore aid to foreign govts
Feeling good
Softer loan regime for tractor sector
Tonnage tax regime - a shot in the arm for shipping sector
`A blueprint for development'
Mixed reaction from tea industry
Stamp duties cut by half
A smug presentation
Mechanism to lower excise penalty
Essar group chief hails tonnage tax proposal
Telecom sector changes rub off on non-tax revenue collections
Free baggage allowance for travellers hiked
Capital gains sop extension welcomed
Indira Gandhi canal project gets more funds
Lower grants for IFCI
Chamber welcomes measures to alleviate poverty
AP Chamber lauds procedural reforms
Simplification of service tax procedures hailed
Subsidy tackle leads to cut in non-Plan spending
Capital goods: Countering import competition
Excise collections take a hit
South Asian forum chalks out strategies to boost ties
New cancer treatment machine in Apollo
Hotel federation pitches for `joint cover' scheme
Tourisms and hotels: Thrust on infrastructure
FHRAI told to find buyer for Argentina hotel
Tax breaks to result in lower power tariffs
`Non-coercive tax regime will continue'
`Textile industry to gain more sans restrictions'
SMEs welcome hike in bank credit limit
Kerala Ministerial team to visit Chennai for water talks
Cable operators told to register interconnect pacts
Indo-Thai free trade pact — `Thai imports may hit auto component cos'
Dip in gold prices likely
Sell-off target fixed at Rs 16,000 cr
Small savings collections surge 23 pc
Isha extends helping hand in rural areas
Chhattisgarh to announce new industrial policy
`Direct tax issues will be addressed in regular Budget'
Personal investment, taxation: Hopes belied



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line