Friday 2 May 2014

Centre clears Polavaram Project Authority

Centre clears Polavaram Project Authority
- The Union Cabinet on Thursday cleared the proposal for constituting the Polavaram Project Authority (PPA) for the execution of the Polavaram irrigation project.
- The constitution of the Centrally-funded PPA and its governing body was in accordance with the section 90 of AP Reorganisation Act, 2014.
- The draft Cabinet note for the setting up of the authority had received the backing of the Ministries of Environment and Forests, Finance, Home Affairs, Law and Justice, Personnel, Public Grievances and Pensions, Power, Rural Development, Tribal Affairs and the Planning Commission.
- All the assets and liabilities of the Polavaram project will be transferred to the authority and a separate PPA fund would also be created to which the funds released by the Centre will be credited.


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