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Municipal Finance

Japan funds for city’s grade separators?

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The Hindu                    11.03.2013

Japan funds for city’s grade separators?

Staff Reporter 

Several new grade separators coming up in the city are likely to be funded by the Japan International Corporation Agency (JICA).

The Chennai Corporation Council will soon pass a resolution on a list of grade separators it wants funding for, and the list will then be submitted to the Chennai Metropolitan Development Authority . The CMDA, which is JICA’s nodal agency for the city, will pass on the list and facilitate the funding.

While the number of proposed grade separators and their location is not clear, the Corporation will probably ask for funding for projects it has already considered.

For instance, a link road between Thiru-Vi-Ka bridge and Kotturpuram bridge along Adyar River has been under discussion by Corporation and PWD officials for over a year now. If this is funded by JICA, it would lead to significant reduction of traffic congestion in Adyar and Guindy.

Last year, the civic body announced it was considering connecting the two flyovers on Usman Road and extending the combined structure right up to Anna Salai. The entry and exit ramps of the flyovers would be removed under this proposed project, while the central portions would be connected to form a single flyover.

The list however, will be finalised based on a number of feasibility studies, a Corporation official said.


Corpn. pins hopes on funding from Centre

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The Hindu                    28.02.2013

Corpn. pins hopes on funding from Centre

Karthik Madhavan 

Just as anybody else the Coimbatore Corporation also eagerly awaits the Union Budget, to be presented by Union Finance Minister P. Chidambaram on Thursday.

The reason for the wait is not difficult to fathom – the Corporation expects the Minister to announce the second part of the urban infrastructure development scheme, in other words, the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) II.

At stake for the civic body are schemes worth Rs. 1,880 crore. According to Commissioner in-charge S. Sivarasu the civic body had sought funds for the second phase of the storm water drain project, cleaning the natural drains that criss-cross the city, improving the eight water tanks and the 24x7 drinking water supply scheme.

The Corporation has placed a demand of Rs. 490 crore to the Central Government to construct storm water drains measuring 1,482 km in 81 zones. It has sought Rs. 500 crore to improve Sanganur Pallam, Ganapathy-Singanallur Drain, Vilankurichi Drain, Karupparayan Kovil Drain and the Kovilmedu Drain.

The civic body has submitted a proposal for Rs. 200 crore to clean the eight water tanks that fall within the city limits.

And, another Rs. 690 crore to supply water round-the-clock to the residents of the old city area (60 wards).

If Mr. Chidambaram were to announce the scheme and allocate money for the same, it would take the city to the next level of development. Coimbatore had gained in infrastructure from the first JNNURM scheme in that it was able to implement the Pilloor Dedicated Drinking Water Supply Scheme, solid waste management scheme, underground drainage scheme and the storm water drainage in a part of the city.

It was to have taken up the tanks cleaning project as well but could not do so for a variety of reasons.

Mr. Sivarasu says that the Corporation is confident of securing funds from the government. But his optimism appears misplaced if media reports are anything to go by. The reports say that the Minister may cut spending to focus on reducing the budget deficit and ensuring fiscal discipline.

Last Updated on Thursday, 28 February 2013 06:59

Corpn. seeks fund from Government

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The Hindu                          15.02.2013

Corpn. seeks fund from Government

Staff Reporter 

To repair the roads damaged during the execution of the underground drainage work, the Coimbatore Corporation has sought funds from the State Government.

According to Commissioner in-charge S. Sivarasu, the Corporation has sought Rs. 86.52 crore from the Government for taking road works for 227 km. The works include 121.8 km roads that were damaged during the UGD work. The civic body has sought Rs. 50.80 crore. This was in November 2012.

To take up repair of roads in added areas, the civic body has sought Rs. 20 crore, which it will utilise for re-laying 70.07 km roads. This was in December 2012. And this month, the Corporation has asked for an additional Rs. 15.44 crore to repair 35 km roads.

The Corporation is hopeful of getting the money from the Government as a grant under the Integrated Urban Development Mission or as soft loan.

Chief Minister Jayalalithaa had allocated Rs. 750 crore for infrastructure development under the IUDM scheme and this has come as a blessing for the civic body, he says.

The Corporation with funds - Rs. 52 crore - from the State Government and its own resources has so far repaired 175 km roads and most of those are the ones damaged during UGD execution.

Last Updated on Friday, 15 February 2013 07:31

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