In white paper, TDP govt alleged Jagan ‘diverted Rs 3,385 crore meant for project’ & ‘delay in commissioning of hydel power project resulted in loss of over Rs 3000 cr to exchequer’.
Since work on the project started in 2005, the project cost has swollen manifold. State govt officials hope that the upcoming general and assembly polls will help speed things up.
A team of senior officials from AP were in Delhi since Wednesday to meet with secretaries of Union Jal Shakti and Finance Ministry to discuss key issues regarding the project.
Jal Shakti ministry has asked finance ministry to reimburse over Rs 4,000 cr that Andhra Pradesh has spent on the drinking water component of the project.
Polavaram Project Authority to request the Centre to approve Rs 47,725 crore to complete the project instead of Rs 20,398 crore that finance ministry had estimated based on 2013-14 price levels.
An angry Jagan Mohan Reddy has shot off a letter to PM Modi over finance ministry capping project cost to Rs 20,398 cr as against the Rs 47,725 cr the state wants. Both sides meet Monday.
Ruling YSR Congress Party and opposition TDP have been trading barbs, particularly over cost of remaining work on the Godavari river project & change of bidder.
India cannot be blasé about change in any important capital in the world. Let's look at six key areas where US policy matters for India and how it may vary between Harris and Trump.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Troops patrolled up to Patrolling Point (PP) 10 on Monday. Though there are PP 10, 11, 12, 12A & 13 in Depsang Plains, it was decided that only one or two PPs would be patrolled.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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