Govt approves over Rs 4.13 lakh crore for urban infra in 3 years
The Government of India has three and half times more investments than its previous investments to improve basic urban infrastructure as per Urban Development Minister M Venkaiah Naidu.
Naidu said, along with investments, better per capital spending, central assistance and enhanced capacities of urban local bodies under new urban missions launched during the past three years are driving urban transformation. A total investment of Rs 4,13,475 crore has so far been approved for improving basic urban infrastructure, compared to Rs 1,18,034 crore approved under the Jawaharlal Nehru National Urban Renewal Mission.
Naidu said, “A rule-based framework has been introduced to ensure objective selection of cities and allocation of central funds without any discretion and discrimination, and the same has been followed in getting unauthorised occupants of government houses evicted.”
The minister further elaborated on the fact that a major course correction has been launched during the past three years to improve the quality of life in cities in an environment of inclusive, sustainable and accelerated urban development.
Giving an account of the positive outcomes of the initiatives of the government that are driving urban transformation, he said a total of 6,737 projects have so far been approved, more than double the 3,138 projects cleared under JNNURM.
June 25, 2018