Homepolitics News

    Exclusive: Government likely to outline new water conservation scheme in Budget

    Exclusive: Government likely to outline new water conservation scheme in Budget

    Exclusive: Government likely to outline new water conservation scheme in Budget
    Profile image

    By Sapna Das   IST (Published)

    Mini

    In a bid to overcome water crises plaguing states, the 2019 Union Budget could outline a new water conservation scheme.

    In a bid to overcome water crises plaguing states, the 2019 Union Budget could outline a new water conservation scheme.
    The government may start with Rs 10,000 crore provision for a new water conservation scheme, people aware of the development told CNBC-TV18.
    The water conservation scheme could be a centrally-sponsored scheme and the expected time frame for  its implementation will likely be 3-5 years.
    Finance minister Nirmala Sitharaman will present the 2019 Union Budget on July 5. It will be the first Budget of Prime Minister Narendra Modi-led National Democratic Alliance government that came to power with a convincing majority in the recently-concluded Lok Sabha elections.
    Farmers across the country are battling water crisis due to an uneven monsoon. Weather forecaster Skymet has predicted that July to September will witness better rainfall than June.
    Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
    arrow down

      Most Read

      Market Movers

      View All
      CompanyPriceChng%Chng