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The Asian Development Bank (ADB) has agreed to finance the Pune Municipal Corporation (PMC) in conducting studies related to urban transport with an aim to reduce the effects of climate change and strengthen public transport.
A press release issued by the PMC on Thursday said the bank will finance the technical study and $1 million would be the budget to undertake this study. Two major areas where ADB would provide technical assistance are for preparation of an integrated transport strategy with review of existing comprehensive mobility plan and to conduct a feasibility study of travel demand management options in Pune.
Along with Pune, Mumbai has also been selected for a similar study. The study about the transport strategy will be undertaken to encourage the concept of ‘moving people’ with increased walkability and dependency on public modes of transport at neighbourhood level, supported by macro projects like Metro, BRTS, etc.
Similarly, the feasibility study of travel demand management options in Pune would relook into the existing parking policy by deriving dynamic parking charges based on use and location, and organising parking spaces in the city. Both the studies will aim to come up with solutions to reduce congestion of roads.
The PMC had sent the proposal for funding to ADB and it is now being sent to Department of Economic Affairs, Government of India and post the approval, an international consulting firm will be recruited to work on the project.
After its selection in the Smart City Project, the PMC has zeroed in on the Aundh Baner Balewadi (ABB) area for implementation of 15 quick-win project for development of the areas. These projects are part of the larger plans for development of transport in the city.