JNNURM triggers investments in urban infrastructure

The Jawaharlal Nehru National Urban Renewal Mission (JNNURM) has attempted to trigger investment in the urban infrastructure sector and undertake reforms to sustain these investments. As on June 30, 2012, five hundred fifty four projects at a total cost of Rs 62,253 crore have been sanctioned under the urban infrastructure section and governance submission of JNNURM.
The Additional Central Assistance (ACA) committed by the Government of India towards meeting the central share of the total project cost for these 554 projects is Rs 28,779 crore, out of which an amount of Rs 17,853 crore has been released to the Mission Cities.

6