UPAs JNNURM scheme short by Rs 48,715 cr
Smita Aggarwal For UPA government's ambitious project to provide urban infrastructure under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) scheme, there is an estimated investment shortfall of Rs 48,715 crore annually. Under the scheme, central government together with state government and Urban Local Bodies (ULB) has envisaged an investment of Rs 14,285 crore per annum for this mission, with central government allocating Rs 50,000 crore over the seven-year period, and an equal contribution being sought from state government and ULBs.