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Beneficiary
farmers' participation for implementation of the canal
network below minor level and also through advance installments
against anticipated water rates dues, is envisaged.
-
Similarly
long term loans/advance installments against the dues
of water rates for the use of industrial water from the
industrial project can also be obtained.
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From
the experience of the last 3-4 years it is revealed that
the present day agriculturists being very enterprising
and progressive are utilizing even monsoon water stored
by the excavated canal system through lift irrigation
by pumping.
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By
resorting to plantation of about 2 crores trees alongside
the main canal and branches, funds can be raised at the
low interest rate.
-
We
are also planning for insurance linked bonds on long term
basis for generation of resources at lower interest rate.
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The
SSNNL has mobilised large amount by way of bonds are the
response from within as well as outside Gujarat is tremendous.
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The
Government of India has permitted, as a special case,
issue of tax free interest Bonds. Rs. 500 crores have
been mobilised in 2002-03 under that scheme. It is envisaged
to repeat such market mobilisation.
-
All
efforts would be made to get financial assistance for
the implementation of canal network from NABARD and infrastructure
development Agencies/Companies
- The scheduled
Banks have come forward to give long term project loans
for various components of the project.
- A seperate
company namely Narmada based Drinking water infrastructure
Co. has been set up, which is implementing the drinking
water supply net work.
- As soon as
hydro power generation starts, that would provide an important
source of revenue.
