The Hindu 29.01.2015
Twin cities will require Rs. 6,244 crore investment by 2041, says CRISIL
City development plan being prepared for Hubballi- Dharwad
Hubballi-Dharwad Mayor Shivu Hiremath, Aravind Bellad, MLA, and HDMC
Joint Commissioner Shakeel Ahmed at a stakeholders meeting on the city
development plan in Hubballi on Wednesday.—Photo: Kiran Bakale
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(CRISIL), which has been commissioned by the Union government to prepare
a city development plan (CDP) for Hubballi- Dharwad under the capacity
building for urban development (CBUD) scheme, has said that the twin
cities required investment to the tune of Rs. 6,244 crore by 2041 for
providing efficient services to the people.
Making a
presentation at a stakeholders meeting organised for finalising the CDP
for the twin cities, CRISIL manager Ramesh Turaka said that they had
arrived at the investment requirement after considering data collected
from government departments and feedback from the stakeholders meeting
held earlier.
Presenting the executive summary of the
CDP, Mr. Ramesh said that while the investment required for the twin
cities by 2021 was Rs. 4,166 crore, it was Rs. 6,244 crore by 2041. He
clarified as few projects on water supply and sewerage and sanitation
were under way and they had put the investment requirement for them at
Rs. 489 crore and Rs. 566 crore respectively.
Mr.
Ramesh said that major investment required for the twin cities by 2041
was in the area of urban roads, traffic and transport which was around
Rs. 2,756 crore. While there was investment requirement of Rs. 490 crore
for storm water drains, it was Rs. 544 crore for housing and urban
services for the poor and Rs. 438 crore for the social infrastructure.
Clarifying
that the CDP was subject to revision depending on the development of
the cities, he requested the stakeholders to submit their suggestions to
them through the emails mentioned on the HDMC website before February
10 so that they could incorporate them before finalising the CDP.
Clarifying that the CDP was different from the comprehensive development
plan, CRISIL Associate Riby Mathew said that the CDP was a framework
for the city’s development and the detailed projects had to be worked
out separately.