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The Andhra Pradesh government on Wednesday allocated Rs 8,150.24 crore of the 2020-21 budget of Rs 2.24 lakh crore for urban development.
The government has allocated a majority of the funds for the creation of an essential infrastructure in the new capital city of the state. For this, Rs 526 crore earmarked to Andhra Pradesh Township and Infrastructure Development Corporation (APTIDCO) for constructing five lakh houses for economically weaker sections and Rs 255.6 crore is earmarked under AMRUT scheme.
Rs 3.6 crore allocated for Amaravati Metro Rail Corporation (AMRC) as urban development assistance to proposed Visakhapatnam and Vijayawada metro rail projects. It is pertinent to mention here that the Andhra Pradesh government has already announced taking forward the Visakhapatnam Metro Rail project as the executive capital would be moved to Visakhapatnam city.
The Amravati Metro Rail Corporation (AMRC) recently appointed Gurugram based consultancy firm Urban Mass Transit Company to prepare the detailed project report of the proposed 80-km mass rapid transit system network in Visakhapatnam city.
The budgetary allocation also revives hopes that the strategy includes taking up three corridors as part of the Vijayawada Metro Rail Project, with Corridor-1 from airport to PNBS via railway station for a length of 26 km, Corridor-2 from PNBS to Penamaluru (12.5 km) for a total length of 38.5 km and Corridor-3 from Krishna Canal Junction to Amaravati for a length of 24 km.
“The government is executing water supply projects, building underground drainage networks and sewage treatment plants by mobilising resources through Asian Infrastructure Investment Bank (AIIB), HUDCO and in convergence with schemes like AMRUT and Urban Infrastructure Development Scheme for Small and Medium Towns (UIDSSMT),” said Buggana Rajendranath Reddy, Finance Minister.
Rs 300 crore has been allocated for the development of smart cities.
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This article first appeared on www.urbantransportnews.com
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