Nod for drinking water projects worth ₹6,768 crore in Karnataka
The State Cabinet on Thursday accredited seven mega drinking water projects at a whopping ₹6,768.85 crore for making certain potable water in 4,647 rural habitations and 27 cities.
The projects, funded by NABARD and the State authorities, are to be accomplished in 24-30 months in varied cities. About six lakh individuals are anticipated to learn from them.
Briefing presspersons after a Cabinet assembly, Home Minister Basavaraj Bommai stated the drinking water projects could be applied underneath the Centre’s Jal Jeevan Mission, and NABARD would contribute ₹6,096.85 crore in direction of them.
The drinking water projects are to be applied in cities in Vijayapura, Mandya, Raichur, and Dharwad districts. Two underground drainage projects in Byndoor (₹396 crore) and Holalkere (₹276 crore) have additionally been accredited.
The Cabinet has additionally accredited just a few amendments to the Karnataka Electric Vehicle and Storage Policy to make sure the State’s aggressive edge over different States in the fledgling sector.
Karnataka’s coverage was formulated in 2017. To present a aggressive edge over different States, the coverage will likely be amended to offer 15% capital subsidy on fastened property in 5 equal annual instalments. At current, companies have been displaying curiosity in funding in different States following a number of concessions supplied to them.