APR Constructions Limited - Saffron Capital

July 2009 for 268 major/medium irrigation projects and 9,908 Surface Minor Irrigation Schemes. Budget allocation
for AIBP for the year 2008-09 was of Rs. 4,300 crores. Under PM's stimulus package, an additional allocation of Rs.
2300 crores was provided for AIBP. Thus, total allocation was of Rs. 6,600 crores. Against this allocation, the actual
expenditure during the year was about Rs.7,598crores. For the year 2009-10, budget allocation is Rs.8,000crores.
(Source: Indian Portal: www.india.gov.in)
Command Area Development and Water Management (CADWM)
Command Area Development and Water Management (CADWM) program was initiated in 1974. Its main objective
was to improve the utilisation of Irrigation Potential Created (IPC) and optimize agriculture production and
productivity from irrigated agriculture through a multi-disciplinary team functioning under the Area Development
Authority. CADWM includes majority of small works such as field channels, field drains, land leveling etc. So far,
332 irrigation projects with a Cultivated Command Area (CCA) of about 29 mh have been benefited from the
programme, out of which 138 projects are currently under implementation.
(Source:CRISIL Research, Indian Infrastructure Report, November 2009)
Bharat Nirman
Bharat Nirman is a business plan for action in rural infrastructure by the Government of India in partnership with
State Governments and Panchayat Raj Institutions. The Ministry of Water Resources in collaboration with State
Governments is responsible for creation of additional irrigation capacity through major, medium and minor irrigation
projects complemented by ground water development.(Source: www.bharatnirman.gov.in)
Investments
Slowdown in investments due to deterioration in state finances affected the sector‟s growth in 2008-09. However, the
situation has been improving with economic revival and the sector is expected to see strong growth in investments.
Major contribution to this growth will be from states concentrating on improving water and irrigation infrastructure
such as Andhra Pradesh, Maharashtra, Gujarat, Madhya Pradesh, Orissa, Rajasthan and Karnataka. In order to
capitalize on the direct and indirect benefits of irrigation, the government, particularly the state governments, have
gradually started to increase their focus on investments in irrigation and flood control over the years. Total
investments in the irrigation sector are expected to grow from Rs. 1455 bn during the 2004-05 to 2008-09 (at 2008-09
prices) to Rs. 2984 bn during the 2009-10 to 2013-14 period, representing a growth of 110 per cent.
(Source: CRISIL Research, Indian Infrastructure Report, November 2009 and Planning commission)
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