Budget 2022-23: Rs 44,605 cr allocated for Ken-Betwa river link

04 Feb 2022 CW Team

On Tuesday, Union finance minister, Nirmala Sitharaman, in her Budget speech, said that the Ken-Betwa rivers link will be finally completed with a cost of approximately Rs 44,605 crore.The draft Detailed Project Reports (DPRs) of the five river links have been finalised by the Center.

The Minister said the draft Detailed Project Reports (DPRs) of the five river links, such as Godavari-Krishna, Damanganga-Pinjal, Pennar-Cauvery, Par-Tapi-Narmada, and Krishna-Pennar have now been finalised.

The Ken-Betwa river linking project has its focus on providing irrigation benefits. While presenting the Budget 2022-23, the minister said that the benefits would be provided to farmers land of 9.08 lakh hectares, supply of drinking water for 62 lakh people, 103 MW of Hydropower, and 27 MW of solar power.

The Ken-Betwa river linking project has been allocated Rs 4,300 crore in RE 2021-22 and Rs 1,400 crore in budget 2022-23.

After the completion of the agreement within the beneficiary states, the support for proper implementation will be provided by the Center.

Also read: Budget 2022: Nirmala Sitharaman announces budget for FY 2022-23

Infrastructure Urban

13 Jun 2025

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Infrastructure Urban

13 Jun 2025

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Infrastructure Urban

13 Jun 2025

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..