GHMC asks Rs 1,350 crore, govt. gives Rs 25 crore

Hyderabad: Monday’s state Budget was keenly watched for the allocations to the infrastructure projects in the city which need a total of Rs 30,000 crore. In the near term, the city needs about Rs 10,000 crore for ongoing projects like the Strategic Road Development Plan, the Musi Riverfront Development and Beautification project, the 2BHK housing project for the urban poor, nala widening and others. The Hyderabad Metropolitan Development Authority sent a requirement of Rs 1,300 crore, including Rs 3,38.52 crore for the Outer Ring Road and Rs 400 crore for the Japan International Co-operation Agency funds, to which the government has allocated Rs 10 lakh each. Both the nodal agencies which had waited for the government allocations from its annual Budget to carry forward the Rs 24,000-crore SRDP, the Rs 8,500-crore 2BHK housing project for urban poor, Rs 1,600 crore for Musi beatification project, Rs 230 crore for the nala-widening project got a shock of their lives with the state government’s budgetary allocations. The government has allocated Rs 400 crore during the last year and asked HRDCL to raise funds from the financial agencies to take up road repairs in the city.