The proposal of the State government seeking interim release of funds for Polavaram project is yet to get a nod from the Union Ministry of Finance, even as the State is planning to launch the works in a month. Rejecting reports that the Centre dropped the proposal, the State Water Resources officials maintained that it was just a delay, not rejection.
With the delay in the approval of the revised DPR, the State government, which is spending money for the execution of the project and later getting the expenditure reimbursed, has been requesting release of an interim fund.
Even though the revised detailed project report (DPR) had received Technical Advisory Committee’s (TAC) nod in February, it still has to get financial concurrence.
In this context, the Union Jal Shakti Ministry recommended the release of Rs 3,000 crore about five months ago and sent the file to the Union Ministry of Finance. The file is stuck there since then.
![Prof K Nageshwar: Polavaram Funding Delayed [HD] (Video)](https://secure.gravatar.com/avatar/ba9d209f7408d31c02bd9313ef807db249a6fcf24f993220eed41724683faf09?s=100&d=mm&r=g "Prof K Nageshwar: Polavaram Funding Delayed [HD] (Video)"){kind=avatar}
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
![Prof K Nageshwar: Polavaram Funding Delayed [HD] (Video)](https://i0.wp.com/www.socialnews.xyz/wp-content/uploads/2019/10/07/maxresdefault-134.jpg?w=180&quality=80&zoom=1&ssl=1 "Prof K Nageshwar: Polavaram Funding Delayed [HD] (Video)")
The proposal of the State government seeking interim release of funds for Polavaram project is yet to get a nod from the Union Ministry of Finance, even as the State is planning to launch the works in a month. Rejecting reports that the Centre dropped the proposal, the State Water Resources officials maintained that it was just a delay, not rejection. With the delay in the approval of the revised DPR, the State government, which is spending money for the execution of the project and later getting the expenditure reimbursed, has been requesting release of an interim fund. Even though the revised detailed project report (DPR) had received Technical Advisory Committee’s (TAC) nod in February, it still has to get financial concurrence. In this context, the Union Jal Shakti Ministry recommended the release of Rs 3,000 crore about five months ago and sent the file to the Union Ministry of Finance. The file is stuck there since then.