Summary:
Now, with extra funds available, the hurdles will be removed and implementation is expected to be done in time. The plan covers 83 small projects, which are expected to be completed within a-year-and-a-half from now. However, the state government is also looking for cheaper sources of finance , said a source.The works covered under the package have been classified as the ‘Baliraja projects’, which is a reference to the farmer in Marathi. The Nabard loan would be available at an interest rate of 6%. For such works, a timeline of 4 to 5 years has been set.The works were held up for various reasons, including approval for revised costs..