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:
Texmaco, Touax, TrinityRail JV to Invest ₹18 Billion in 100 Rakes to Boost Railcar Leasing
India’s Aviation Minister Pushes Cost‑Effective SAF Rollout From 2027
Vedanta Uses 4 Billion Units of Clean Energy in FY2026, Cuts Emissions
Suzlon Starts FY2027 Strong with Record Q1 Deliveries, 23% Revenue Growth
India to Develop 44 Airports Under Hub‑and‑Spoke Plan, Civil Aviation Secretary Says
India’s Satellite Communications Push Gains Momentum Through Public‑Private Partnerships: Viasat
India Moves to Give Consumers Choice of Power Supplier Under New Licensing Plan
REC Declares First Interim Dividend as Q1 Profit Jumps 23%
India Nears Two Clean Energy Milestones as BRESE 2026 Set to Welcome Global Leaders to New Delhi
Location Intelligence: The Invisible Layer Powering India’s Digital Public Infrastructure
AI Data Centre Leaders Map India’s Infrastructure Roadmap
Welspun One Signs 15,232 Sq. Ft. with Aditya Birla’s Novel Jewels at WTC Thane
NHAI Launches Framework to Share Highway Data with IITs, NITs and CSIR‑CRRI
UDAN 2.0: Indian Aviation’s Next Act
The Apprenticeship Anchor
Managing India’s Data Centre Surge
Real-Time Public Works
Global Trade at Crossroads
From Cloud to Energy: India’s Geopolitical Stress Test
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.