Tripura Urban Development Minister Manik Dey has asked the Union Urban Development Ministry to comply with the decision to allocate funds on 90:10 ratio for implementation of the Smart City project in the city. In a letter to Union Urban Development Minister Venkaiah Naidu, Dey objected to the decision regarding 50:50 sharing of capital investment between Centre and state for implementing the project. ´This is the decision of the Narendra Modi government that in the North-East, all the Central projects will be implemented on 90:10 ratio and so far it has maintained this. Suddenly, in case of Smart City Development Project, the Ministry has changed the norms, which has put the state in serious trouble,´ he told Naidu. In the second phase, Agartala has been included in the plan along with 13 other cities.
FlashNews:
HSR Needs Fast Tracking
RECPDCL Handovers Ratle Kiru Power Transmission Limited, a SPV of Transmission Project, to IndiGrid 2 Private Limited
RECPDCL Handovers 3 Nos. SPVs of transmission projects viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of India Limited
Showcasing India’s Supply Chain Revolution
Highlighting the Future of Smart, Sustainable Infra
Driving Sustainability Through Innovation
REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
IIFCL Launches its Gender Equality and Social Inclusion (GESI) Cell on the occasion of International Women’s Day 2025.
IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
CCI India presents 1st edition of CEO Round Table Conference on Agriculture
Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
Fluence Launches Advanced Smartstack Platform for New Energy Storage Era
NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
Home » Tripura opposes 50-50 ratio of funding
Tripura opposes 50-50 ratio of funding
Infrastructure Finance
June 1, 2016June 1, 2016

Leave a Reply
You must be logged in to post a comment.