5-Jan-2019: PM lays foundation Stone for North Koel (Mandal Dam) project
The Prime Minister, Shri Narendra Modi laid the Foundation Stone for the revival of North Koel (Mandal Dam) project, Kanhar Sone pipeline irrigation scheme, and strengthening of various irrigation systems and lining works. These projects are cumulatively worth over 3500 crore rupees.
Addressing the gathering the Prime Minister said that these projects are a key part of the Government's effort to raise farmers' incomes, by lowering the cost of irrigation.
The Prime Minister pointed out that the North Koel (Mandal Dam) project has remained incomplete for nearly 47 years. He said this amounts to criminal negligence towards the farmers of this area. He reiterated his commitment to make an honest effort to solve the problems faced by farmers. He said 99 big irrigation projects, which have been stalled for decades, are now being fast tracked, at a cost of almost 90,000 crore rupees. He said that the Union Government is working firmly with the vision of treating farmers as "Annadaata." The Prime Minister said that the Government is working with a new vision for agriculture and farmers, by trying to fundamentally solve problems associated with agriculture.
12-Jan-2018: Water Resources Ministry Signs MoU with Bihar and Jharkhand for Completion of North Koel Reservoir Project
A Memorandum of Understanding has been signed between Ministry of Water Resources, River Development and Ganga Rejuvenation, Government of India, State of Bihar and State of Jharkhand for completion of balance works of North Koel reservoir project at an estimated cost of Rs. 1622.27 crore.
A supplementary Memorandum of Agreement has also been signed between Ministry of Water Resources, River Development and Ganga Rejuvenation, Government of India, National Water Development Agency, NABARD with State Governments of Bihar and Jharkhand for funding of the state share under Long Term Irrigation Fund (LTIF) for North Koel reservoir project.
The construction of North Koel project was started in 1972 but was later halted in 1993. The project situated on North Koel river, a tributary of Sone river will provide irrigation to 1,11,521 hectares of land annually in the most backward and drought prone areas of Palamu and Garhwa districts in Jharkhand and Aurangabad and Gaya districts in Bihar.
Out of the estimated cost of balance works of Rs. 1622.27 crores, the common component amounting to Rs. 1013.11 crores shall be borne by the Govt. of India as a grant from LTIF under Pradhan Mantri Krishi Sinchai Yojana (PMKSY). Out of remaining cost of works amounting to Rs. 609.16 crores pertaining to Bihar and Jharkhand portion, 60% of the cost amounting to Rs. 365.5 crores shall be financed by Central Government from LTIF making the total Central share as Rs 1378.61 crore. Remaining 40% of cost amounting to Rs. 243.66 crores will be borne by the States through the loan financed by NABARD.
The project is scheduled to be completed in 30 months from the start of the project.