- October 4, 2016
- Posted by: amdaindia
- Category: Urban News
Union Minister for Urban Development M Venkaiah Naidu has said that Special Purpose Vehicles (SPV) have been established in Coimbatore and Chennai for the smart city projects and 200 crore as part of the central government grant of total 500 crore has been released.
The minister stated that Tamil Nadu has the highest number of smart cities approved at 12. A total of 49 projects have been identified by Chennai and Coimbatore has identified four projects, he said. He also informed that the centre has approved funds for the state, which includes 2936 crore for Smart City Mission, 7082 crore for Atal Mission for Rejuvenation and Urban Transformation mission, 340 crore for Swachh Bharat Mission, 45 crore for Hriday and 1,796 crore for Housing Mission.
He also said recognising the significant cultural and historical heritage of the state, Kanchipuram and Velankanni have been selected under 12 heritage cities declared. The Union ministry has sanctioned 23.4 crore for Kanchipuram and 22.6 crore for Velankani.
Source : Urbannewsdigest