Panel recommends more funds for urban development ministry
24 April 2013 1:33 AM GMT
A parliamentary committee on Tuesday asked the Ministry of Urban Development to ask the finance ministry and the Planning Commission to grant more funds to the NCR Planning Board.
The panel gave this recommendation in view of the slow progress of projects and heavy dependence on multilateral and bilateral agencies.
The panel’s report was tabled in the LS on Tuesday. ‘The panel is informed that out of 277 infrastructure development projects, only 188 have been completed and 89 projects are at various stages of implementation,’ said the report. The report stated that in 12th Five Year Plan, the Ministry of Urban Development asked for Rs.500 crore as budget allocation but was sanctioned only Rs.60 crore.
The panel gave this recommendation in view of the slow progress of projects and heavy dependence on multilateral and bilateral agencies.
The panel’s report was tabled in the LS on Tuesday. ‘The panel is informed that out of 277 infrastructure development projects, only 188 have been completed and 89 projects are at various stages of implementation,’ said the report. The report stated that in 12th Five Year Plan, the Ministry of Urban Development asked for Rs.500 crore as budget allocation but was sanctioned only Rs.60 crore.
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