Rs. 22,536-crore CDP for Bangalore gets approval
Rs. 22,536-crore CDP for Bangalore gets approval
The Hindu
# The Infrastructure Development Corporation (Karnataka) Ltd. has prepared
the CDP
# Projects related to power, health, telecom, education not included in
JNNURM
BANGALORE: For integrated development of infrastructure services in the
proposed Greater Bangalore, the State Government has approved a Rs.
22,536-crore City Development Plan (CDP) under the Jawaharlal Nehru National
Urban Renewal Mission (JNNURM).
A steering committee headed by Chief Minister H.D. Kumaraswamy approved the
outlay last week. The Union, State governments and the Bangalore Mahanagara
Palike (BMP) will invest in ratio of 35:15:50 in the JNNURM, which will be
implemented in the next seven years. In the case of Mysore city, the ratio
of investment by the Centre, State and Mysore City Corporation is 80:10.10.
The Centre has cleared JNNURM in 63 cities across the country with the
required investment of Rs. 1,20,536 crore.
JNNURM will cover Rajarajeshwarinagar, Dasarahalli, Bommanahalli,
Krishnarajapuram, Mahadevapura, Byatarayanapura, Yelahanka city municipal
councils, Kengeri Town Municipal Council, BMP and 111 villages adjacent to
the BMP that will merge with the Bruhat Bangalore Mahanagara Palike,
official sources in the Bangalore Mahanagara Palike told The Hindu.
The Government issued a notification on November 2, 2006, for merger of
seven CMCs and one TMC with the BMP to constitute Greater Bangalore.
The Infrastructure Development Corporation (Karnataka) Ltd., which is an
organisation empanelled for the purpose of the JNNURM by the Union Ministry
of Urban Development, has prepared the CDP of Bangalore. After clearance by
the Centre, the steering committee approved the CDP.
The BMP has to raise Rs. 8,000 crore for implementing various projects under
JNNURM. Officials in the BMP said it would raise a capital of Rs. 4,000
crore by issuing bonds to 10 financial institutions. The Unit Trust of India
(UTI) had come forward to help the BMP on issuing bonds, the officials said.
The capital investment allotted for some projects are: Rs. 6,034 crore for
basic services to the poor; Rs. 2,788 crore for drinking water supply; Rs.
800 crore for waste management; Rs. 1,139 crore for storm water and drainage
network; Rs. 7536 crore for roads and Rs. 226 crore for tourism/heritage/
urban renewal.
In a project related to providing basic services to the poor, the Centre
would share 50 per cent of the cost, the officials said. Officials of the
Karnataka Urban Infrastructure Development and Finance Corporation and the
BMP held 60 meetings with various agencies and stakeholders to finalise 19
projects under Bangalore CDP.
Projects related to power, health, telecom, education and wage employment
are not included in JNNURM.
The projects will be executed by the respective State agencies providing the
services. Agencies such as Bangalore Development Authority, Bangalore Water
Supply and Sewerage Board, Slum Development Board, Bangalore Metropolitan
Transport Corporation and Lake Development Authority are now preparing
detailed project reports. The expected outcome under JNNURM included access
to basic services to all urban residents, establishment of citywide
framework for planning and governance, making of agencies of urban
governance financially self-sustainable through reforms to major revenue
instruments.
Rs. 22,536-crore CDP for Bangalore gets approval
The Hindu
# The Infrastructure Development Corporation (Karnataka) Ltd. has prepared
the CDP
# Projects related to power, health, telecom, education not included in
JNNURM
BANGALORE: For integrated development of infrastructure services in the
proposed Greater Bangalore, the State Government has approved a Rs.
22,536-crore City Development Plan (CDP) under the Jawaharlal Nehru National
Urban Renewal Mission (JNNURM).
A steering committee headed by Chief Minister H.D. Kumaraswamy approved the
outlay last week. The Union, State governments and the Bangalore Mahanagara
Palike (BMP) will invest in ratio of 35:15:50 in the JNNURM, which will be
implemented in the next seven years. In the case of Mysore city, the ratio
of investment by the Centre, State and Mysore City Corporation is 80:10.10.
The Centre has cleared JNNURM in 63 cities across the country with the
required investment of Rs. 1,20,536 crore.
JNNURM will cover Rajarajeshwarinagar, Dasarahalli, Bommanahalli,
Krishnarajapuram, Mahadevapura, Byatarayanapura, Yelahanka city municipal
councils, Kengeri Town Municipal Council, BMP and 111 villages adjacent to
the BMP that will merge with the Bruhat Bangalore Mahanagara Palike,
official sources in the Bangalore Mahanagara Palike told The Hindu.
The Government issued a notification on November 2, 2006, for merger of
seven CMCs and one TMC with the BMP to constitute Greater Bangalore.
The Infrastructure Development Corporation (Karnataka) Ltd., which is an
organisation empanelled for the purpose of the JNNURM by the Union Ministry
of Urban Development, has prepared the CDP of Bangalore. After clearance by
the Centre, the steering committee approved the CDP.
The BMP has to raise Rs. 8,000 crore for implementing various projects under
JNNURM. Officials in the BMP said it would raise a capital of Rs. 4,000
crore by issuing bonds to 10 financial institutions. The Unit Trust of India
(UTI) had come forward to help the BMP on issuing bonds, the officials said.
The capital investment allotted for some projects are: Rs. 6,034 crore for
basic services to the poor; Rs. 2,788 crore for drinking water supply; Rs.
800 crore for waste management; Rs. 1,139 crore for storm water and drainage
network; Rs. 7536 crore for roads and Rs. 226 crore for tourism/heritage/
urban renewal.
In a project related to providing basic services to the poor, the Centre
would share 50 per cent of the cost, the officials said. Officials of the
Karnataka Urban Infrastructure Development and Finance Corporation and the
BMP held 60 meetings with various agencies and stakeholders to finalise 19
projects under Bangalore CDP.
Projects related to power, health, telecom, education and wage employment
are not included in JNNURM.
The projects will be executed by the respective State agencies providing the
services. Agencies such as Bangalore Development Authority, Bangalore Water
Supply and Sewerage Board, Slum Development Board, Bangalore Metropolitan
Transport Corporation and Lake Development Authority are now preparing
detailed project reports. The expected outcome under JNNURM included access
to basic services to all urban residents, establishment of citywide
framework for planning and governance, making of agencies of urban
governance financially self-sustainable through reforms to major revenue
instruments.