The Hindu 20.11.2013
Nod for 24x7 water supply scheme
An in-principle approval has been accorded to 24X7 water supply scheme in northwest part of the city. The approval came after a presentation by Municipal Commissioner M.V. Satyanarayana to members of Jawaharlal Nehru National Urban Renewal Mission’s Working Committee in New Delhi on Tuesday.
After a discussion, the committee gave its approval to the scheme costing Rs.264 crore. However, the committee advised GVMC to raise its one-third share of Rs.70 crore in public private partnership. While 50 per cent of the funds will come from JNNURM, the State Government will foot the remaining 20 per cent.
Mr. Satyanarayana said the final stamp of approval had to be given at a secretary-level meeting.
Once completed GVMC will be able to increase its revenue by Rs.12 crore.
The Commissioner said funds to the tune of Rs.80 crore, 10 per cent of funds withheld for not implementing various reforms, would also be released now.
