Swachh Bharat Mission: Government approaches pvt firms for funds

The Prime Minister, Shri Narendra Modi launching the cleanliness drive for Swacch Bharat Mission from Valmiki Basti, in New Delhi on October 02, 2014.

Today a government official has conveyed that, the administration is reaching out to private players for funding Prime Minister Narendra Modi’s pet project of Swachh Bharat Mission. State-run firms or PSUs are eyeing to add to the Swachh Bharat Kosh (SBK) from their CSR finances, Drinking Water and Sanitation Secretary Parameswaran Iyer conveyed.

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He has also further conveyed that, we have been in contact with private firms, many have revealed interest to contribute to the Swachh Bharat Kosh. Recognized in November 2014 under the Finance Ministry, SBK seeks to attract CSR funds and contributions from individuals and philanthropists in reply to Modi’s I-Day speech that year in which he had given a call for attaining the goal of Clean India by 2019.

Total finance mobilised under the SBK as on January 31 stood at Rs 369.74 crore. Parameswaran Iyer also itemized contributions made by ministries of mines, business affairs and public enterprises towards the Swachh Bharat Pakhwada held former. In previous year’s budget, the administration had proposed a 2 per cent Swachh Bharat cess on Service Tax and allowable 100 per cent inference on investment in SBK. For now, the administration is also exploring the option where entities can adopt villages and maker them open defecation free.

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