Smart City funds from Punjab Government: Better late than never
Author(s): Ar. Sanjay GoelToday's decision of Punjab government to allocate 500 crore rupees for upcoming smart cities of Ludhiana, Jalandhar and Amritsar is very good step. Better late than never. Hope the speed of works under Smart city...
cityairnews
Mar 24, 2018 12:30
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Today's decision of Punjab government to allocate 500 crore rupees for upcoming smart cities of Ludhiana, Jalandhar and Amritsar is very good step.
Better late than never.
Hope the speed of works under Smart city mission will be picked up as same grant from Central government is already available.
Hope in coming months central government shall release its annual share of 100 crore more for each smart city.
Central government and state government are suppose to release 200 crore each in first year and 100 crore each during subsequent years for total number of five years.
Now 200+200= 400 crore rupees each for Ludhiana, Jalandhar and Amritsar cities are enough to start Smart City development in addition to other funds of Corporations through local Government.
(Ar. Sanjay Goel is Director-Ludhiana Smart City Limited & Chairman-IIA Punjab Chapter)
