Current Affairs - Miscellaneous - Discussion

Discussion Forum : Miscellaneous - Latest Current Affairs (Q.No. 5317)
5317.
Union Cabinet approved through NABARD for Completing Irrigation Project for the cost of __________.
5000 crores
4500 crores
6200 crores
9020 crores
Answer: Option
Explanation:
Union Cabinet approved raising extra budgetary resources up to 9,020 crore rupees for Long Term Irrigation Fund in 2017-18 under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY). The loans are for implementation of Accelerated Irrigation Benefits Programme works of 99 ongoing prioritized irrigation projects. According to Finance Minister Arun Jaitley, the amount will be raised by National Bank for Agriculture and Rural Development (NABARD) through Bonds.
Discussion:
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