Centre Okays Rs 50 Crore For PCMC JNNURM Projects
(TNN, Nov 17, 2010)
PUNE: The Union government has approved the release of Rs 50.11 crore for Pimpri-Chinchwad Municipal Corporation (PCMC) projects to be implemented under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) scheme.
“The release of these funds were approved at a meeting of the Central Sanctioning and Monitoring Committee ( CSMC) held at New Delhi on Friday,” said Prakash Kadam, additional commissioner, PCMC.
“Rs 15.09 crore has been released for phase two of the sewage scheme and Rs 35.02 crore is for the third and fourth instalments of the water supply projects,” said Neelkanth Poman, computer officer, PCMC.
He added that the state government would release its share of funds too Rs 6.04 crore for the sewage scheme and Rs 14 crore for the water supply project. The PCMC will have to contribute its share of Rs 9.05 crore for the sewage scheme and Rs 21.02 crore for the water supply projects.
Poman said the PCMC is expected to get the Centre and state funds in a month.
Anil Pharande, CMD – Pharande Spaces