Source : http://www.financialexpress.com/news/PM--PPP-model-can-boost-urban-mission/549679/
New Delhi: Prime Minister Manmohan Singh said on Thursday that the government is open to allocate more resources for the Jawaharlal Nehru National Urban Renewal Mission (JNNURM). On the fourth anniversary of the launch of the mission Singh emphasised the need to execute more projects on PPP basis. The ministries of urban development and housing and urban poverty alleviation have approved projects and buses for urban transport worth Rs 1,03,462 crore for which the Centre has committed assistance of Rs 55,625 crore.
About 90% of projects have been sanctioned for schemes related to basic services. Urban development minister, Jaipal Reddy, pointed out that the bulk of funds are committed for water supply, sewerage, drainage, solid waste management and housing for urban poor. Under the economic stimulus package, the Centre has sanctioned 15,260 buses for 61 mission cities and the bulk of it is expected to be supplied by this month and all of it by the end of this financial year.
In its effort to address housing and civic amenities the housing ministry has sanctioned more than 14.6 lakh houses. Housing minister, Kumari Selja said that out of a total allocation of Rs 34,000 crore for these houses central assistance committed is Rs 18,500 crore. Under this scheme, 1.8 lakh houses are complete while 4.38 lakh houses are in progress.
While the greater portion of funds has been sanctioned and utilised, there is around Rs 7,800 crore still left. Out of this the Centre is examining detailed project report (DPR) worth Rs 1,000 crore, so in effect around Rs 6,800 crore is left to be sanctioned.
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