DAM REHABILITATION AND IMPROVEMENT PROJECT (DRIP)

About:

• Objective: To improve the stability and working of 198 dams in 11 States and to ensure safety of downstream population and property.
  
  
• Coverage: The 7 states are Kerala, Madhya Pradesh, Odisha, Tamil Nadu, Karnataka, Jharkhand (Damodar Valley Corporation) and Uttarakhand (Uttarakhand Jal Vidyut Nigam Limited).
  
  
• Duration: Initially, the six-year project commenced in 2012, with a scheduled closing on June 30, 2018. This has now been extended to June 2020.
  
  
• Funding: Out of the ₹3,466 crore cleared, ₹2,628 crore would be funded by the World Bank and ₹747 crore by the States and Implementing Agencies (IAs), and the balance ₹91 crore by the Central Water Commission (CWC). Originally, the total cost of DRIP was ₹2,100 crore.
  
  
• The primary beneficiaries are both urban and rural communities dependent on reservoir and downstream communities, who are prone to risk associated with dam failure. failure.