CM to PM: Fund key Mumbai infra projects | mumbai | Hindustan Times
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CM to PM: Fund key Mumbai infra projects

In an attempt to push key city projects held up due to shortage of funds and delays in obtaining clearances, Chief Minister Prithviraj Chavan told Prime Minister Manmohan Singh on Saturday that the Centre should fund big-ticket infrastructure works in Mumbai and give them the status of national projects.

mumbai Updated: Oct 02, 2011 01:01 IST
HT Correspondent

In an attempt to push key city projects held up due to shortage of funds and delays in obtaining clearances, Chief Minister Prithviraj Chavan told Prime Minister Manmohan Singh on Saturday that the Centre should fund big-ticket infrastructure works in Mumbai and give them the status of national projects.

Projects with a national status are largely funded by the Centre.

Making a presentation to the PM, who was in the city on Saturday, on the requirements of the Mumbai Metropolitan Region, Chavan gave him details of infrastructure projects worth Rs 1.38 lakh crore which require urgent financial assistance from the Centre.

Among the projects he mentioned were a mass housing scheme (Rs 40,000 crore), the 22-km Mumbai Trans Harbour Link connecting Sewri with Nhava (Rs 10,000 crore), the Navi Mumbai airport (Rs 14,000 crore), the Colaba-BKC Airport Metro (Rs 18,000 crore) and coastal roads (Rs 6,000 crore).

Currently, the Centre provides 20% of the cost of a public-private partnership project as its contribution to the viability gap funding. The CM said the Centre should contribute 75% to 90%.

According to Chavan, the PM responded positively, saying he appreciated the state’s demands and concerns and said he would discuss the matter with the Planning Commission. The CM is set to make a presentation on the subject before the Plan panel on October 15.

“Mumbai is the only city in the country capable of becoming an international financial centre. The Central government should help in achieving this by providing infrastructure projects the status of national projects,” Chavan told reporters after the meeting.