- October 21, 2016
- Posted by: amdaindia
- Category: Urban News
Minister of Urban Development and Housing & Urban Poverty Alleviation M Venkaiah Naidu has informed that under the Smart City Mission, Atal Mission for Rejuvenation and Urban Transformation (AMRUT) and Swachh Bharat Mission (Urban), the central government is committed to providing an assistance of Rs 1.13 lakh crore in order to improve basic urban infrastructure, till 2018-19.
Naidu stated, ???The pace and scale of project and investment approvals have increased manifold since 2015 with the central government approving an assistance of Rs 1.84 lakh crore. This includes Rs 78,292 crore under smart city plans of 33 mission cities, Rs 45,293 crore under Atal Mission and another Rs 56,231 crore for building affordable houses for the urban poor.???
He said that over the last one year an investment of Rs 15,827 crore has been approved with central assistance of Rs 4,571 crore for Andhra Pradesh. This includes Rs 10,579 crore for constructing affordable houses for urban poor, Rs 3,595 crore for developing Visakhapatnam and Kakinada as smart cities and another Rs 1,540 crore for improving water supply and sewerage systems in AMRUT cities.
Source : Urbannewsdigest