The meeting of Expenditure Finance Committee (EFC) has revised cost and deadline of World Bank Funded Dam Rehabilitation & Improvement Project (DRIP) to Rs.3466 Crore till June 2020.
The meeting was held under Chairpersonship of Secretary, Department of Expenditure.
DRIP is a state sector scheme with central component to improve safety and operational performance of selected dams, along with institutional strengthening with system wide management approach.
The project was launched in 2012 by Central Water Commission (CWC) under Ministry of Water Resources, River Development & Ganga Rejuvenation with assistance from World Bank.