Narmada project included in JNNURM
TO OBVIATE the cumbersome process of making funds’ arrangement for ambitious Rs 300-crore Bhopal Narmada Water Supply Project, the Bhopal Municipal Corporation (BMC) administration today included the scheme into the Union Government-funded Jawaharlal Nehru National Urban Renewal Mission (JNNURM). It would reduce the financial burden on the BMC in arranging
funds for an otherwise costly yet a significant project.
About a year back, in keeping with the State Government’s directives, the BMC authorities had grudgingly approved the loan proposal for Narmada scheme. Repayment of huge loan amount was the major reason for the hesitation to go ahead as the loan would have constituted some 70 per cent of total cost. Many believe that it was almost impossible for the BMC to repay the amount.
Now, the BMC included the project into the schemes proposed under the JNNURM, which was further revised today. After including the Narmada Project, the cost of the project has gone up to Rs 2,153 crore. The BMC also included a project of Rs 40 crore for the maintenance of heritage buildings. The Mayor-in-Council today gave the approval to the revised project.
About a week back, the BMC had revised the cost of proposed schemes under the JNNURM to Rs 1813.45 crore. According to officials, the inclusion of Narmada Scheme under JNNURM would benefit the BMC, which would now get 70 per cent of total project cost as grant from the Union Government and the State Government. With this, the BMC will have to now worry about arranging only 30 per cent of total cost.
Under the JNNURM, the Union Government and the State Government would respectively provide 50 per cent and 20 per cent amount of project cost as grant. The remaining 30 per cent amount would be arranged by the BMC.
The Union Government has included 63 cities of the country under the scheme and planned the expenditure of Rs one lakh crore for the infrastructure development in these cities.
The BMC has been expecting to get more than Rs 2,000 crore for its schemes. During the course of next five years, the BMC will have to arrange some Rs 600 crore for these projects.
The BMC would spend about Rs 250 crore on the water supply and Rs 245 crore on the sewage system under the JNNURM. Also, Rs 331 crore is kept for the road construction and Rs 61 crore for the traffic improvement. An arrangement of Rs 200 crore would be made for the conservation of City lakes.