Current Affairs Exam

Polavaram project: Andhra Pradesh govt seeks urgent nod to revised cost estimates

Making a strong case for getting final clearances from the Centre to the revised cost estimates for completion ofPolavaram projecton time, the has urged thePolavaram Project Authorityto play a proactive role in the removal of hurdles. The government also wanted thePPAto place all records before theJal Shakti ministryas

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well as the finance ministry to include water component in the total project cost.

The ministry of finance, in a Communication, has stated that claims of the state government should be restricted to the price level of 2013-14 only and thePolavaramProject Authority has to regulate the releases component-wise. Accordingly, it has worked out the component-wise eligibility for 2013-14 price level only.

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