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Urban improvement in AP

Fiinews by Fiinews
February 3, 2017
in Investment, Projects
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Urban improvement in AP

#Urban Development Ministry has approved an investment of Rs.1,350 crore in #Andhra Pradesh for improvement of basic urban infrastructure over the next three financial years. The investment is under the #Atal Mission for Rejuvenation and Urban Transformation (AMRUT).

The Ministry also approved central assistance of Rs.405 cr in support of investments in projects for augmenting water supply, sewerage networks, drainage and provision of parks and open spaces in 32 Atal Mission cities in the State.

As against the earlier practice of approving annual action plans, the Ministry has approved investments for the next three financial years i.e 2017-20.

This initiative has been taken to enable the States plan for early planning and execution of basic urban infrastructure projects so that they are completed during the mission period which ends in 2019-20.

The investment approved 2 Feb 2017 include Rs.863 crore on providing water taps to all urban households besides increasing water supply to the norm of 135 litres per head per day, Rs.261 crore for sewerage projects, Rs.195 crore on drainage systems and Rs.32 crore for providing green parks and open spaces in all the 32 cities included in #Atal Mission.

The Ministry had earlier approved Rs.663 crore for 2015-16 and Rs.877 crore for 2016-17 taking the total investment under Atal Mission to Rs.2,890 crore.

Atal Mission was launched in June, 2015.

The Central government has provisioned Rs.50,000 crore towards central assistance to AMRUT projects with State and City Governments required to make matching contributions.

Central assistance in the range of half of project cost for cities with population of below 10 lakhs each and one third of project cost if population is above 10 lakhs each. fii-news.com

Tags: Andhra PradeshAtal Mission for Rejuvenation and Urban TransformationUrban Development Ministry
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