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Home Budget

Housing & Urban budget raised 3%

Fiinews by Fiinews
February 7, 2018
in Budget, Economy, Projects
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Puri lists out projects in progress

Puri briefing media on Housing and Urban budget.

Ministry of Housing & Urban has been allocated Rs.41,765 crores for 2018-19, an increase of nearly 3% over last year, said Minister of State in-charge Hardeep Singh Puri.

Briefing the Media persons on the Budget allocation to his Ministry on 6 Feb 2018, Puri said the outlay for PMAY (Urban) has been increased by Rs.25,000 crore in extra budgetary resources for the implementation of programme.

Budgetary support is Rs.6500 crore which translates into an effective enhancement of 520% over previous year.

The coverage in PMAY (Urban) is in 4,320 cities which includes 472 Class – 1 cities.

Around 37.45 lakh dwelling units in 7,474 projects with an investment of Rs.2,03,752 crore involving Central assistance of Rs.57,681 crore have been accepted under PMAY in the last 31 months.

SMART CITIES MISSION:

An amount of Rs.6,169 crore, which is 54.2% over last year’s allocation has been proposed during 2018-19 under the Smart Citis Mission.

The Government of India launched the Smart Cities Mission in June 2015.

Under the Mission, 99 cities have been selected so far.

While 20 cities were selected in Round 1 in January 2016, 13 cities in Fast-track Round in May 2016, 27 cities in Round 2 in September, 2016, 30 cities in Round 3 in June 2017 and 9 cities in Round 4 in January 2018.

A total investment of Rs. 2,03,979 crore has been proposed by these 99 smart cities in their Smart City Plans. So far,

86 Smart Cities have incorporated their Special Purpose Vehicles (SPVs) and 62 Cities have procured PMCs. Till now projects worth
Rs.5,265 crore have been fully or partially completed.

Work Orders have been issued for projects worth Rs.15,992 Crore (under implementation), tenders issued for projects worth Rs. 19,070 crore and projects worth Rs. 98,989 crore are under DPR stage.

AMRUT:

Rs.6,000 crores have been allocated for the AMRUT mission during 2018-19 as against last years allocation of Rs.5,000 crore which is an increase of 20%. Till 31st January 2018, the implementation status of the Mission is as under:

Work on 308 projects worth Rs.186 crore have been completed.

Contracts for 1,632 projects worth Rs.34,187 crore have been awarded.

Furthermore, 784 projects worth Rs.12,903 crore are at tendering stage, Detailed Project Reports (DPRs) have been approved for 1,159 projects worth Rs.11,178 crore and DPRs for 871 projects worth Rs.14,014 crore are under preparation.

Sector wise break up:

In the water supply sector, contracts for 512 projects worth Rs.19,919.48 crore have been awarded and 27 projects worth Rs.24.49 crore have been completed.

NITs have been issued for 154 projects worth Rs.5394.67 crore and DPRs for 234 projects worth Rs. 5,183.84 crore have been approved.

In the sewerage and septage management sector, contracts for 283 projects worth Rs. 12,974.21 crore have been awarded and 3 projects worth Rs.4.71 crore have been completed.

NITs have been issued for 78 projects worth Rs.56054.68 crore and DPRs for 118 projects worth Rs. 4,329.39 crore have been approved.

In the drainage sector, contracts for 42 projects worth Rs.565.75 crore have been awarded and 9 projects worth Rs.3.68 crore have been completed.

NITs have been issued for 37 projects worth Rs.697.25 crore and DPRs for 181 projects worth Rs.978.64 crore have been approved.

In the urban transport sector, contracts for 76 projects worth Rs.233.29 crore have been awarded.

NITs have been issued for 57 projects worth Rs.375.04 crore and DPRs for 111 projects worth Rs.323.36 crore have been approved.

In the green spaces and parks sector, contracts for 719 projects worth Rs.497.75 crore have been awarded and 268 projects worth Rs.152.8 crore have been completed.

NITs have been issued for 458 projects worth Rs.381.81 crore and DPRs for 515 projects worth Rs.362.52 crore have been approved.

Credit rating: Credit rating work for 482 cities has been awarded and credit rating has been completed in 366 cities.

Out of these 366 cities, 144 cities have received Investible Grade Rating (IGR), including 29 cities with rating of A(-) and above which is considered good for issuance of municipal bonds.

Furthermore, Transaction Advisors (TAs) have been appointed in 144 AMRUT Mission cities to enhance credit worthiness and/or floating municipal bonds.

The Ministry through an international bidding process under World Bank funded CBUD programme has selected M/s IPSOS Research Private Limited in consortium with M/s Athena Infonomics India Private Limited and Economist Group Limited for assessment of liveability indices in 116 cities.

The exercise is scheduled to be completed by June, 2018 and Ministry will be able to issue liveability indexes of the 116 selected Cities.

Both Municipal Corporation of Delhi (MCD) and Municipal Corporation of Greater Mumbai (MCGM) are organizing the stakeholder consultations to elicit feedback from Architects, Engineers and Developers on the efficacy of online building plan approvals and to improve the system further.

The Ministry is also conducting third party evaluation of the system to identify the bottlenecks in the system and to address these issues.

Pro-active steps are being taken to implement Online Building Plan Approval System (OBPAS) in all AMRUT cities.

States like Andhra Pradesh and Telangana have already implemented OBPAS in all the urban local bodies.

Besides these states, Madhya Pradesh, Chhattisgarh, Gujarat, Jharkhand, Maharashtra, Kerala and Rajasthan have also made considerable progress in implementing OBPAS.

The remaining States are also in process of implementing the OBPAS.

-/fii-news.com

Tags: Hardeep Singh PuriMinistry of Housing and Urban Affairs
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