Bhopal: In a bid to speed up the work on various irrigational projects in Narmada zone, the state government on Tuesday decided to scrap the existing Narmadanchal Medium and Minor Irrigation Project Council and set up a company for raising funds.

The decision was taken in the Council’s General Assembly meeting chaired by Chief Minister Shivraj Singh Chauhan here on Tuesday.

Chauhan said, “The company will be formed shortly in order to pace up the work of 135 medium and 3000 minor irrigation projects. The newly formed company will also help in raising additional funds for the projects.”  

The government will also ensure that the company conducts its business in a professional manner and only professionally competent employees will be selected, he added.

Notably, the irrigational projects of Narmada zone are to be completed by 2018 which will require Rs 40,000 crore. During this period, the state government can contribute Rs 15,000- Rs 20,000 crore to the irrigation budget. Therefore, the government has decided to set up the company to raise the deficit amount.

The meeting was attended by MP Finance Minister Raghavji, Agriculture Minister Ramkrishna Kusmaria, Public Health Engineering Minister Gaurishankar Bisen, Water Resources and Environment Minister Jayant Malaiya.