Ken-Betwa Link Project: On Wednesday, the funding and implementation of the Ken-Betwa inter-linking of rivers project were approved by the Union Cabinet with a total cost of Rs 44,605 crore. The project has eight years deadline. A proposal of this effect was given a nod in the Cabinet meeting chaired by PM Narendra Modi. A statement issued after the Cabinet meeting said a Special Purpose Vehicle (SPV) called Ken-Betwa Link Project Authority (KBLPA) will be established for the implementation of the project. The Ken-Betwa link project’s total cost has been assessed at Rs 44,605 crore at 2020-21 price levels. For the project, the Union Cabinet has approved central support of Rs 39,317 crore, covering a grant of Rs 36,290 crore as well as loan of Rs 3,027 crore, according to an IE report.
