The 1996 Ganga Water Sharing Treaty is a 30-year bilateral agreement between India and Bangladesh, signed in December 1996, to share the Ganga’s, water during the lean season (January 1–May 31). The treaty is scheduled to expire in December 2026.
Why such an initiative?
- It ensure fair water distribution for both upstream (India) and downstream (Bangladesh) users, especially during low-flow periods.
Key Features
- It regulates the flow of water at the Farakka Barrage in West Bengal.
- Projects will be selected through a transparent and competitive challenge mode focusing on result oriented projects.
- Private sector participation will be encouraged through structured risk-sharing frameworks and benchmarking of service delivery standards.
- The fund will cover all cities with a population of 10 lakh or more.
- Central assistance will cover 25% of project costs.
- Minimum of 50% of the project cost should be raised from the market, including municipal bonds, bank loans, and public-private partnerships.
- A dedicated ₹5,000 crore corpus will enhance the creditworthiness of 4,223 cities.
Fact you need to know :
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Source: Indian Express