95% funds for Odisha Smart City utilised by state: Ministry of Housing
7 months, 3 weeks ago

95% funds for Odisha Smart City utilised by state: Ministry of Housing

New Indian Express  

BHUBANESWAR: Around 95 per cent of funds allocated for projects under Smart City Mission have been utilised in Odisha, the Ministry of Housing and Urban Affairs has said. Data furnished by the Ministry in the Lok Sabha recently, revealed the total cost of 107 projects sanctioned for Bhubaneswar and Rourkela was about Rs 3,589 crore. Of the 32 SCM projects proposed for the state capital at an investment of Rs 2,071 crore, the Bhubaneswar Smart City Limited, an SPV formed for implementation of the Mission in the city, is said to have completed 31 projects at an expenditure of Rs 2,056.59 crore. Similarly, out of 75 projects proposed for Rourkela with an outlay of Rs 1,517.46 crore, the Rourkela Smart City Limited has already completed 73 projects at an investment of Rs 1,370.05 crore.

History of this topic

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