3-fold plus increase in investment driving urban transformation: Naidu

“More than threefold increase in investments, per capita spending, central assistance and substantially enhanced capacities of city governments under the new urban missions launched during the last three years is driving the much needed urban transformation in the country,” said M. Venkaiah Naidu, Minister of Urban Development and Housing and Urban Poverty Alleviation.

Briefing media on the urban sector initiatives of the government, Naidu said that a rule based framework has been introduced to ensure objective selection of cities and allocation of central funds without any discretion and discrimination and the same has been followed in getting unauthorised occupants of government houses evicted.

Per Capita Investment of ` 15,475 has so far been approved during 2014-17 under new urban missions for a five year period which is 315 per cent of ` 4,918 approved for the earlier ten years. A total investment of ` 4,13,475 crore has so far been approved for improving basic urban infrastructure which is 350 per cent of ` 1,18,034 approved under JNNURM.

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