Rs. 22,536-crore CDP for Bangalore gets approval

Rs. 22,536-crore CDP for Bangalore gets approval

The Hindu

# The Infrastructure Development Corporation (Karnataka) Ltd. has prepared the CDP
# Projects related to power, health, telecom, education not included in JNNURM

BANGALORE: For integrated development of infrastructure services in the proposed Greater Bangalore, the State Government has approved a Rs. 22,536-crore City Development Plan (CDP) under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM).

A steering committee headed by Chief Minister H.D. Kumaraswamy approved the outlay last week. The Union, State governments and the Bangalore Mahanagara Palike (BMP) will invest in ratio of 35:15:50 in the JNNURM, which will be implemented in the next seven years. In the case of Mysore city, the ratio of investment by the Centre, State and Mysore City Corporation is 80:10.10. The Centre has cleared JNNURM in 63 cities across the country with the required investment of Rs. 1,20,536 crore.

JNNURM will cover Rajarajeshwarinagar, Dasarahalli, Bommanahalli, Krishnarajapuram, Mahadevapura, Byatarayanapura, Yelahanka city municipal councils, Kengeri Town Municipal Council, BMP and 111 villages adjacent to the BMP that will merge with the Bruhat Bangalore Mahanagara Palike, official sources in the Bangalore Mahanagara Palike told The Hindu.

The Government issued a notification on November 2, 2006, for merger of seven CMCs and one TMC with the BMP to constitute Greater Bangalore.

The Infrastructure Development Corporation (Karnataka) Ltd., which is an organisation empanelled for the purpose of the JNNURM by the Union Ministry of Urban Development, has prepared the CDP of Bangalore. After clearance by the Centre, the steering committee approved the CDP.

The BMP has to raise Rs. 8,000 crore for implementing various projects under JNNURM. Officials in the BMP said it would raise a capital of Rs. 4,000 crore by issuing bonds to 10 financial institutions. The Unit Trust of India (UTI) had come forward to help the BMP on issuing bonds, the officials said.

The capital investment allotted for some projects are: Rs. 6,034 crore for basic services to the poor; Rs. 2,788 crore for drinking water supply; Rs. 800 crore for waste management; Rs. 1,139 crore for storm water and drainage network; Rs. 7536 crore for roads and Rs. 226 crore for tourism/heritage/ urban renewal.

In a project related to providing basic services to the poor, the Centre would share 50 per cent of the cost, the officials said. Officials of the Karnataka Urban Infrastructure Development and Finance Corporation and the BMP held 60 meetings with various agencies and stakeholders to finalise 19 projects under Bangalore CDP.

Projects related to power, health, telecom, education and wage employment are not included in JNNURM.

The projects will be executed by the respective State agencies providing the services. Agencies such as Bangalore Development Authority, Bangalore Water Supply and Sewerage Board, Slum Development Board, Bangalore Metropolitan Transport Corporation and Lake Development Authority are now preparing detailed project reports. The expected outcome under JNNURM included access to basic services to all urban residents, establishment of citywide framework for planning and governance, making of agencies of urban governance financially self-sustainable through reforms to major revenue instruments.