Nagpur: The Maharashtra govt has approved the credit of Rs69.76 crore as its matching share for the Nag River Pollution Abatement Project, paving the way for rectifying a funding deficit flagged on Centre’s Public Financial Management System (PFMS) portal.
Environment and Climate Change Department, in a govt resolution issued on Friday, sanctioned Rs69.76 crore to be credited to Single Nodal Account (SNA) of the centrally sponsored project. Nag River Pollution Abatement Project received administrative approval from National River Conservation Directorate in March 2023 at an estimated cost of Rs1,927 crore. The latest GR directs that the Rs69.76 crore state share be directly credited to the project’s SNA and then transferred back to the state Consolidated Fund. The expenditure will be met from the sanctioned 2026-27 state budget under National River Conservation Plan.
The amount will subsequently be re-credited to the state’s Consolidated Fund, as required under Centre’s SNA-SPARSH funding mechanism. Of this, Rs78 crore towards project management consultancy is to be borne by Centre, while Rs120 crore towards centage is to be jointly paid by the state govt and Nagpur Municipal Corporation (NMC).