Rs 15,000 cr loan sanctioned for projects: Urban Affairs Ministry

| | New Delhi
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Rs 15,000 cr loan sanctioned for projects: Urban Affairs Ministry

Wednesday, 30 September 2020 | PNS | New Delhi

The National Capital Regional Planning Board (NCRPB) has sanctioned over Rs 15,000 crore loan in over Rs 31,000 crore worth of projects related to transport, regional rapid transport system, water supply, drainage, power, solid waste management, tourism and road infrastructure. Informing this, the Ministry of Housing and Urban Affairs (MoHUA) secretary Durga Shankar Mishra on Tuesday said that 265 projects of more than Rs 18,500 crore are complete and the rest is under construction.

Speaking at the launch of the Project Management Information System (P-MIS), Mishra said that MIS will help to monitor projects.

The NCR is presently spread over a 55,083 sq km area with around 60 million population. According to the NCRPB, Haryana sub-region comprises of districts of Gurugram, Faridabad, Rohtak, Sonepat, Rewari, Jhajjar, Mewat, Palwal, Panipat, Mahendregarh, Jind, Karnal, Bhiwani and Charkhi Dadri. Rajasthan sub-region comprises districts of Alwar and Bharatpur. Uttar Pradesh Sub-region comprises districts of Gautam Buddha Nagar, Ghaziabad, Meerut, Bulandsahr, Baghpat, Hapur, Muzaffarnagar, and Shamli.

Explaining the features of the software, Mishra said that the P-MIS is having unique feature of doing calculations at back end for monitoring various financial critical events for Guarantee validity date and monthly repayment of loan due date for each IA and generates alert for Guarantee Renewal and Payment of Loan in soft format i.e. email in advance.   

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