<h1>Cabinet Approves Rs. 3,466 Crore Budget for Dam Rehabilitation Project with World Bank Assistance Across 7 Indian States.</h1> The Cabinet Committee on Economic Affairs, led by the Prime Minister, approved a revised budget of Rs. 3,466 crore for the Dam Rehabilitation and Improvement Project (DRIP), with World Bank assistance. The project aims to enhance the safety and operational performance of 198 dams across seven Indian states. Funding includes Rs. 2,628 crore from the World Bank, Rs. 747 crore from DRIP states and implementing agencies, and Rs. 91 crore from the Central Water Commission. The project, extended to June 2020, focuses on dam rehabilitation, institutional strengthening, and project management, benefiting communities reliant on these dams and improving dam safety organizations' effectiveness.