Sanjeev Bhokarikar
1 year 1 month ago
Sir, Our Country's all-time ambitious national Project of River Linking across the country will b needing a gigantic Fund minimum 30 Lakhs Cr at current prices. ( Special Task Force formed by NDA Govt in 1999-2004, had roughly estimated it at Rs.5.60 Lakh crores, but covering only few main rivers. Most of the rain fed agri land in Madhya Pradesh Maharashtra, Karnataka, Andhra-Telangana were sadly excluded.
I as an ex Banker& Law graduate, have devised a legally implementable,techincally feasible& importantly economically viable scheme,whereby our country can raise Rs100 L Cr corpus in coming 5 yrs@just 4% or less SBI's current MLCR rate is 9.10%.So massive investments of Rs20 L Cr in next 5 yers,in not only River-linking,but Agriculture,Railways,power,Ports Airports Highways,River cleansing,wealth from waste@each Block level,can save Rs.50K cr every yr on Interest cost alone,making it more economically viable. its based on CDS1974 scheme.SC's nod b taken thr Presidential reference.
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