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FM: Investment in irrigation projects essential to double the farmers income by 2022; NABARD sanctions loan worth ₹ 19,702 crore to National Water Development Agency (NWDA) for 50 irrigation projects from 11 States under Long Term Irrigation Fund (LTIF)]

News and Press Release - Dated:- 22-10-2016 - The Union Finance and Corporate Affairs Minister Shri Arun Jaitley said that investment in irrigation projects essential to double the farmers income by 2022. He said that loan of ₹ 19,702 crore to .....

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f the important prerequisites to achieve that target. The Finance Minister said that this loan would be part of the Central share of assistance to State Governments and will ensure front loading of resources so that the identified incomplete irrigati .....

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ure full utilisation of irrigation potential so created. He highlighted that the initiative would bring additional 76 lakh hectare area under irrigation and to a great extent, mitigate water scarcity, dependence on rain and drought situations in proj .....

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h endeavours. He advised the agencies to undertake very close monitoring of the progress of work to ensure timely completion of all the projects. Speaking on the occasion, the Minister of Water Resources, River Development and Ganga Rejuvenation Sush .....

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o ensure Har Khet ko Paani and Per drop more crop which the Ministry is trying to translate into reality. She emphasised that the irrigation potential would be enhanced through participation of farmers. She also highlighted a strong monitoring mechan .....

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is regard in his Budget Speech 2016-17. NABARD has sanctioned a loan of ₹ 19,702 crore to National Water Development Agency (NWDA), the agency of the Union Ministry of Water Resources, RD & GR, towards Central Government share in 50 identif .....

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Share in the projects sanctioned. NABARD today handed over the sanction letter of loan amounting to ₹ 19,702 crore and a cheque for ₹ 1,500 crore towards the First Instalment of loan disbursement to NWDA in the august presence of the Uni .....

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sation of the LTIF. Dr. Sanjiv Balyan, Minister of State, Water Resources, River Development and Ganga Rejuvenation, Shri Brij Mohan Agrawal, Minister for Water Resources, Agriculture and Animal Husbandry, Government of Chhattisgarh and Shri Girish M .....

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