Telangana government to spend Rs 20,000 crore for development in Hyderabad

Hyderabad: The Telangana government has decided to spend Rs 20,000 crore on roads, drinking water, LED lighting, nala widening, Musi development and beautification works in the state capital to transform it into a global city. Apart from this, another Rs 7,000 crore will be spent on building a new reservoir at Keshavapuram to cater to the drinking water needs of the state capital. The government is in talks with banks and financial institutions for loans to realise its objective.

According to a press note issued by the office of MAUD Minister K.T. Rama Rao, these funds would be spent through GHMC, HMWS&SB, Road Development Corporation and Musi Development Corporation. Minister K.T.Rama Rao is conducting reviews in this connection with concerned departments every Monday. Rs 1,500 crore will be used for road improvements including Rs 300 crore for white topping the road, nearly Rs 4,300 crore will be spent on SRDP works at LB Nagar, Ayyappa Society, Durgam Cheruvu and other places in the twin cities.

The government has earmarked Rs 2,926 crore for drinking water supply in peripheral areas of the city as well as villages on ORR. A major chunk of the government’s funds will go towards the construction of the 2 bedroom homes under the scheme with the same name. Plans are afoot to build one lakh houses in the state capital region alone. These houses will be built in 109 areas in the state capital.

LED lighting with a cost of Rs 400 crore is on the priority list of TRS government and MAUD department is taking steps to install it by Diwali.

Musi Beautification project is also a top priority with KTR and it would be taken up with an estimated cost of Rs 1,665 crore.