Nation Current Affairs 26 Jul 2018 TRS government earma ...

TRS government earmarks Rs 55,000 crore plan for city development

DECCAN CHRONICLE.
Published Jul 26, 2018, 1:14 am IST
Updated Jul 26, 2018, 2:21 am IST
The ongoing Rs 25,000 crore Strategic Road Development Programme will be further enhanced with Rs 6,000 crore additional allocation.
Telangana Rashtra Samithi logo.
 Telangana Rashtra Samithi logo.

Hyderabad: Gearing up to meet population influx into Hyderabad and other urban cities in the state, the TRS government has earmarked Rs 55,000 crore to build infrastructure for urban centres for the next three years. Not only will this plan enhance the quality life of citizens, it will also transform the economic potential of urban areas that contribute the most to the GSDP, said K.T. Rama Rao, minister for municipal administration and urban development (MAUD). The ongoing Rs 25,000 crore Strategic Road Development Programme will be further enhanced with Rs 6,000 crore additional allocation.

 “About 45 per cent of GSDP comes from the Greater Hyderabad Municipal Corporation and all the urban areas together contribute over 50 per cent to the state’s economy. Considering the vital role of urban areas, Chief Minister K. Chandrashekhar Rao has agreed  Rs 55,000 crore plan for urban development and it will be implemented over the next three years,” said Mr Rao after releasing the annual report 2017-18 on MA&UD here on Wednesday.

 

“The Municipal Administration department has the biggest talent pool of 15 IAS officers and this shows how much priority our chief minister gives to improving citizens' quality of life. We have nine urban development authorities in the state and 74 urban local bodies (ULBs) including six corporations. This number will reach 146 soon as urbanisation picks up,” added Mr Rao.

He highlighted the reforms undertaken by the municipal administration department: “GHMC revenue was Rs 2,616 crore in 2017-18. The state government without raising property tax managed to increase the revenue of GHMC from Rs 747 crore in 2013-14 to Rs 1,450 cr in 2017-18. Over 600 bottlenecks on nalas across the city have been removed and 6,000 footpath encroachments have been also removed to provide a better and secure pathway for pedestrians.”

 

With the state government’s support, GHMC had completed 1.74 lakh LRS processing in just 18 months, said GHMC Commissioner Janardhan Reddy, 

“Four lakh lights have been replaced with LEDs in Hyderabad in just one year and it’s perhaps first time in the world,” Mr Reddy declared, adding that it saved the government Rs 60 crore. “Of the target of Rs 1,000 cr via bonds, GHMC has already raised Rs 200 crore. My GHMC App downloads were at record three lakhs so far.” The GHMC raised  Rs 200 cr via bonds mobilisation, the second municipal corporation in the country after Pune to do so and is in the process of mobilising another Rs 800 cr this fiscal.  

 

Regarding SRDP, about Rs 23,000-crore has been spent and Rs 1,000 crore will be spent this year.  

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Location: India, Telangana, Hyderabad




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