According to a statement from the Chief Minister’s Office, the government has given initial approval for a loan of Rs 8,862.95 crore. It is expected that Rs 5,000 crore will be given in the first phase.
During a cabinet meeting led by Chief Minister Pinarayi Vijayan, the Kerala Water Authority (KWA) was authorized to receive and use the funds.
With input from Keralanews.gov
For more details: Navamalayalam.com
