February 17, 2009 1:04:33 am
Though there was an increase of Rs 1,600 in the Budget,sources say the Commonwealth Games projects will need much more
Mondays Interim Budget has allocated the Capital Rs 2,418 crore,a jump of Rs 1,600 crore from last year. But for the government,struggling to complete its projects for the 2010 Commonwealth Games,the amount might still not be enough.
Faced with severe fund shortage,the government had even approached the Urban Development Ministry for additional funds. The projected loss to the Capitals coffers is nearly Rs 1,300 crore as the revenue collection has decreased 12 per cent.
An amount of Rs 1,000 crore has been earmarked for the Commonwealth Games infrastructure,but the cost of its many projects is much higher. With the deadline for completion approaching,the Delhi government is beginning to feel the pinch.
The government will get Rs 1,045 crore under the Jawaharlal Nehru National Urban Rural Mission,JNNURM,which is a bonus compared to last years Rs 400 crore. Till now however,only the low-cost housing project under Rajiv Awas Yojna has been approved by JNNURM.
We need to get immediate approval for various JNNURM schemes. In case projects are not cleared,the amount could be transferred for the Commonwealth Games, said Finance Minister,Dr A K Walia.
The JNNURM fund includes an amount of Rs 478.52 crore for submissions on urban infrastructure and governance. In the last budget,only Rs 50 crore had been allocated under this head. For urban infrastructure development in small towns,Rs 274.37 crore and Rs 199 crore for submissions on basic services to the urban poor have been approved. The JNNURM fund also includes Rs 93.12 crore for integrated housing and slum development.
Apart from this,Rs 20.16 crore has been allocated for the Rashtriya Krishi Vikas Yojna and Rs 199.62 crore under the Normal Central Assistance. But the Centre has reduced investment in the Delhi Metro Rail Corporation from Rs 1,388 crore to Rs 1,236 crore this year. The resources of DMRC have gone down from Rs 2,152.73 to Rs 1,567.15 crore.
In store for the Commonwealth Games
* Flyovers and Bridges Rs 5700 cr
* Augmentation of the DTC fleetRs 1518 cr
* Stadiums Rs 650 cr
* Metro Connectivity Rs 16887 cr
* New Power Generation Plants Rs 35000 cr
* Water Supply Rs 950 cr
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