Why in News?

• The CCEA has approved the Revised Cost Estimate of Dam Rehabilitation and Improvement Project (DRIP) at the revised cost of Rs 3466 crore with the financial assistance of the World Bank.

Significance of the Project:

• The project will improve the safety and operational performance of selected existing dams and mitigate risks to ensure safety of downstream population and property.
•  The primary beneficiaries are both urban and rural communities dependent on reservoir and downstream communities, who are prone to risk associated with dam failure or operational failure.
•  Further effectiveness of Dam Safety Organisations will be increased to take the lead to make dams safe from structural and operational point of view through capacity building of staff and officials.

Dam Rehabilitation and Improvement Project (DRIP):

• DRIP is a state sector scheme with central component to improve safety and operational performance of selected dams, along with institutional strengthening with system wide management approach.
• The project was launched in 2012 by Central Water Commission (CWC) under Ministry of Water Resources, River Development & Ganga Rejuvenation with assistance from World Bank.
• The states included are Jharkhand, Karnataka, Kerala, Madhya Pradesh, Odisha, Tamil Nadu, and Uttarakhand.
•  DRIP envisages following objectives: –
• Component-I: – Rehabilitation of Dam and its Appurtenant Structures,
• Component-II: – Institutional Strengthening and
• Component-Ill: – Project Management.