The smart city plan of Navi Mumbai will include projects worth Rs.8,000 crore. A major chunk of that-amounting to around Rs.6,000 crore-will involve various development projects by the civic body, another Rs.1,000 crore for projects by Cidco and Rs.250 crore to be worked out by MSEDCL.
The smart city envisages a 50:50 funding pattern by Central and state government of Rs.1,000 crore for a period of five years.
Leave a Reply
You must be logged in to post a comment.