Flash flood of upgrade funds

  • 12/03/2006

The newly-launched National Urban Renewal Mission Fund, the Vivekananda Road flyover, widening of the EM Bypass's southern-most flank and setting up the rotary flyover at Dunlop are all being given the green light. Bengal will get nearly Rs 1,200 crore in six years against specific schemes on infrastructure development for the city and also Asansol. The government has already sent a list of 37 projects, estimated to cost Rs 1,500 crore, to be implemented using the new fund. The Centre will provide 85 per cent of the project cost, while the implementing agency must shell out the rest. A committee formed by the urban development department has made lists of projects on a priority basis (see chart). The first list involves projects worth Rs 374 crore, while the second list includes projects estimated to cost Rs 352 crore.