Indian Express 19.01.2010
PCMC gets Rs 39 crore for its BRTS project
The Pimpri-Chinchwad Municipal Corporation (PCMC) recently received a Rs 39-crore grant from the central government under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) for its bus rapid transit system project (BRTS).
The infusion of funds has given a lease of life to the BRTS projects being undertaken on Aundh Ravet and old Mumbai Pune highway routes. PCMC also has taken a loan of Rs 400 crore from the World Bank for the completion of these projects. Municipal officials informed that PCMC is yet to receive 76.49 crore grant from the state government. They said that though there has been no problem in getting funds from the central government, the same cannot be said about the state government. The state government should act fast and send its share of funds if development works are to be completed on time.
PCMC officials said that PCMC officers and politicians had been following up with the central government for accessing funds and have got a positive response. But the state government is yet to give its share of Rs 15.61 crore from completing both the BRTS projects.
