November Will See Smart City Projects Gaining Speed
Come November and 261 projects worth Rs 31,000 crore will witness a momentum as the Centre directs states to fasten the work on them. Durga Shanker Mishra, Secretary (Housing & Urban Affairs) wrote to the chief secretaries of all the states and union territories to focus on these projects.
The first batch of projects to be introduced in the first list of Smart Cities that were declared in 2016 include the following:
Other projects include Kochi's Broadway Market and Ernakulam Market Redevelopment, Rejuvenation of Siddheshwar Lake and Heritage structures in Solapur, Commercial Development of Yahswant Place in NDMC region, Space development along canal between Indrapalem Lock and Jagannaickpur Old in Kakinada in Andhra Pradesh, Kanbargi Lake Rejuvenation and recreational spaces in Belgavi, Pedestrian Plaza in Chennai, Retrofitting of Sarabha Nagar Market in Ludhiana, Redevelopment of Kacchari Adda and Kotwali Bazar in Dharmashala and Badkal Lake Rejuvenation in Faridabad.
Here are some recent updates:
Australia lends a helping hand
A 35-member Australian delegation has discussed business opportunities with the authorities and the NITI Aayog officials to understand how they could put their know-how to develop the infrastructure, smart cities, infrastructure, water and waste management among others in Indian smart cities.
More funds pour in
Smart Cities have been doing the rounds for a long time now. In order to motivate the state governments to expedite the work, the Centre has planned to roll out another Rs 3,700 crore as incentives. As many as 79 projects worth Rs 941 crore have been completed so far.
Eyes on 2018
The Economic Survey suggests that by 2018, only one-fifth of smart city projects would be completed. "In the best-case scenario, an additional 920 projects for which detailed project reports (DPRs) have already been prepared worth Rs 24,526 crore are estimated to be completed by the end of 2018 provided all timelines are adhered to," the survey read.
Pune to get a bigger lift
The Pune Smart City will cover more area now, claim reports. This would mean an additional cost of Rs 2,196 crore but would then be able to work on features such as Bus Rapid Transit (BRT) system, bicycle lanes, solid waste management and street redesign as these couldn't be possible due to restrictions in the area provided previously.