Tag: Under
Funds Under DRIP Scheme
Dam Rehabilitation and Improvement Project (DRIP) is a State sector scheme formulated to bridge the funding gap and provide urgent finance to States for repair and maintenance of Dams. The scheme closed on 31st March, 2021. It facilitated loans from World Bank to participating states when they agreed to terms and conditions of the lending agency. Andhra Pradesh did not choose to be a part of it. Next phase of DRIP i.e. DRIP Phase – II & III approved by Cabinet, is at an advanced preparatory stage. Government of Andhra Pradesh has expressed willingness to be a part of DRIP Phase -II & ... Read more