WB funds for WRCP Phase II
Tamil Nadu plans to take up major irrigation projects for modernising and upgrading under Water Resource Consolidation Project - Phase II with World Bank assistance. The state government has already initiated talks with WB authorities. The project, with an initial investment of Rs 2,900 crore, will be implemented in phases. The scheme envisages serving about 6 lakh hectares of land in Tamil Nadu, excluding Cauvery Basin. The project is expected to commence in 2004 and is likely to take 10 years for full operations.
PMGSY projects speeded up in Orissa
Major rural roads like Gunduri-Nalam, Gopal Prasad--Baghabaspur, Ghandapur-Bantol, Barapada-Sansamala, Rengali-Kuluma, Khamar-Odasha and Talapada-Nalam in Orissa are being constructed at a cost of Rs 2.58 crore under Prime Minister Gram Sadak Yojana - Rural Development. The state PWD has also undertaken work on Khamar-Rengali road and Batisuna-Bamur road along with bridges on Andharimal and Khajurianala.
Indo-Bangla task force on Ichhamati
India and Bangladesh have set up a joint task force in respect of Ichhamati river thereby giving international status to the river. The seven-member committee will study current flood control infrastructure on the river, causes of floods, illegal bheris (fisheries), siltation and dredging.
Cabinet note on NT Grid circulated
The Power Ministry has circulated a Cabinet note for the formation of the proposed Rs 80,000 crore National Transmission Grid. The ministry would soon move the Cabinet for approval of the project. The Grid would enable transfer of power from surplus regions to deficit regions.
Kerala aims at Rs 50,000 cr. FDI
Starved of funds, the Kerala government is now looking at private and foreign investors to invest in the state. The government is aiming at Rs 50,000 crore foreign investment in the state during the next four years. Health tourism is one of the sectors where the government hopes to attract maximum investment.