1. TATA Signs an Agreement with the Rajasthan Govt.for the Rejuvenation of the Dravyawati River
The largest Indian conglomerate TATA teamed up with the Shanghai Urban Construction Group for the project, has signed up an agreement with the Rajasthan Government for the rejuvenation of the Dravyawati River. The project is estimated for INR16.76 billion US$250 million and will be funded whole by Rajasthan Government. This huge project is aimed to rejuvenate the dying river and turn it into multiple environment-friendly tourist destinations for the state.
The Dravyawati River rejuvenation is also crucial for the state to prevent flooding situations to its nearby areas. The famous, 47km-long Dravyawati River flows past many famous landmarks of the state including Nahargarh Fort that overlooks the Jaipur city. The river has deteriorated mostly in the past century due to heavy pollution and reduced water flow.
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