Government has approved an impressive Rs 4.13 lakh crore for urban infra in 3 years
The Government has pumped in three and half times more investments than the previous UPA government to improve basic urban infrastructure. Better per capital spending, central assistance and enhanced capacities of urban local bodies under new urban missions launched during the past three years are driving urban transformation.
Comparing the urban development sector reforms during three years of the BJP-led government with 10 years under the UPA government, the minister said that per capita investment of Rs 15,475 has been approved during 2014-17 for a five-year period, more than three times the Rs 4,918 approved for 10 years under the UPA. An investment of Rs 4,13,475 crore has been approved for improving basic urban infrastructure, compared to Rs 1,18,034 crore approved under the Jawaharlal Nehru National Urban Renewal Mission.
A rule-based framework has been introduced to ensure objective selection of cities and allocation of central funds without any discretion and discrimination, and in getting unauthorized occupants of government houses evicted.
Course correction has been launched to improve quality of life in cities in an environment of inclusive, sustainable and accelerated urban development. A total of 6,737 projects have been approved, under JNNURM. In an indication of the new language of governance and resource mobilization, 322 AMRUT and smart cities have acquired credit ratings (of which 147 have got investment grade).
For the first time, 500 AMRUT cities and 60 smart cities are pursuing five year comprehensive action plans for infrastructure development.