Inland Waterways Authority of India Act : Amendment of schemes. Indian Bare Acts :

Inland Waterways Authority of India Act ,1985

Act No : 82

Section : Amendment of schemes.

15. Amendment of schemes. The Authority shall not make any material change in the scheme approved under sub-section (5) of section 14 without the prior approval of the Central Government. Explanation.--For the purposes of this section, "material change" means an increase in the cost of the scheme by more than twenty per cent. of its cost or a change in the benefit and cost ratio which either makes the cost component in the ratio exceeds the benefit or reduces the benefit component by more than twenty per cent. 1* * * * * 466