CCEA gives approval to National Watershed Management Project Neeranchal
Q. Name the World Bank assisted National Watershed Management Project which has been approved by CCEA on October 7th 2015?- Published on 08 Oct 15a. Purvanchal
b. Neeranchal
c. Jalanchal
d. None of the above
ANSWER: Neeranchal
The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has given its approval to World Bank assisted National Watershed Management Project "Neeranchal" with a total outlay of USD 357 million.The project will be implemented at National level as well as in the nine States of Andhra Pradesh, Chattisgarh, Gujarat, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, Rajasthan and Telangana. Total cost of the project is pegged at INR 1071.15 crore or 50% while the remaining is a loan component of WB. Neeranchal aims at achieving the major objectives of the Watershed Component of the Pradhan Mantri Krishi Sinchayi Yojana (PMKSY) and for ensuring access to irrigation to every farm (Har Khet Ko Pani) and efficient use of water (Per Drop More Crop).