World Bank<\/a> funds (64 per cent) and state budget (36 per cent), to support its functioning in the initial five years of operations. The allocation will help meet the shortfall in revenue collection, if any, to fulfil the contractual obligations of the SPV and its administrative expenses.<\/p>\n","protected":false},"excerpt":{"rendered":"The Cabinet today approved the creation of a special purpose vehicle (SPV) for operations and maintenance of large multi-village surface water supply schemes across the state. The move aims at ensuring supply of potable water on a long term sustainable basis in rural areas of water quality-affected districts. This first-of-its-kind SPV in India will be … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1092],"tags":[673],"class_list":["post-6180","post","type-post","status-publish","format-standard","hentry","category-punjab","tag-05-06-21"],"yoast_head":"\nPunjab to set up utility firm to supply water to rural areas - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/punjab-to-set-up-utility-firm-to-supply-water-to-rural-areas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Punjab to set up utility firm to supply water to rural areas\" \/>\n<meta property=\"og:description\" content=\"The Cabinet today approved the creation of a special purpose vehicle (SPV) for operations and maintenance of large multi-village surface water supply schemes across the state. 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