India’s apex rural-development bank will manage a Rs. 77,000-crore corpus as part of a Central government push to complete 99 unfinished irrigation projects across the country by 2019, and bring water to 76.03 lakh hectares. The contours of the scheme were first made public by Finance Minister Arun Jaitley in his Budget speech this February and involve finishing 149 projects overdue since 1997.
“All drought and suicide-prone districts will be first covered,” Union Minister of Water Resources (MoWR) Minister Uma Bharti told a press conference. “This time there will be short-cut (sic) appraisals…and incentives will be given to States who complete their projects before time.”
The 99 projects, details of which weren’t immediately made public, are part of 149 irrigation projects across the country where at least Rs. 67, 539 crore has been spent until March 2015 to build dams and irrigation projects but with little water actually making it to farmers’ fields. Traditionally the Central government apportioned money to States to complete projects.(THE HINDU,2016)