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NEW DELHI: For the primary time, the Finance Commission has created the supply for Rs eight,000 crore incentive grant for eight states for incubation of 1 new metropolis every as a pilot. The housing and concrete affairs ministry will give you the framework for this, which might be taken up on a problem mode.
“We will begin work on this. For a number of years, no new metropolis has been developed and therefore this want was felt. We have taken a coverage resolution that every one new cities needs to be developed on the precept of Smart Cities. It might be too early to say whether or not these might be utterly greenfield cities,” Union housing and concrete affairs secretary Durga Shankar Mishra mentioned.
The 15th Finance Commission in its report has talked concerning the want for each rejuvenation of previous cities and organising of latest cities. It mentioned the problem of organising infrastructure in greenfield cities may be much less daunting than the issue of organising such services in previous established cities. On the opposite hand, the event of greenfield cities runs into the issue of land acquisition and rehabilitation.
“Given these complexities, it’s higher to begin on a pilot foundation and, therefore, we suggest a performancebased problem fund of Rs eight,000 crore to states for incubation of latest cities. The quantity out there for every proposed new metropolis is Rs 1,000 crore and a state can have just one new metropolis below the proposed scheme,” the fee mentioned in its report.
Srikanth Viswanathan of Janagraha mentioned, “This could be an interesting experiment to encourage states to invest in area based development in the form of satellite towns or special economic zones or industrial towns, and help spur investments and job growth, besides decongesting. While Rs 1,000 crore would not be sufficient to build a new city, states should see this as seed funding for an innovative venture.”
The Commission’s report has been accepted by the federal government. Another advice by the panel to repair worth for water on a graded foundation, whereby greater consumption entails greater expenses and periodic revision of the fees has additionally been accepted at a time when the federal government goes to launch a Rs 2.64 lakh crore scheme to offer common family faucet water connection to all homes throughout four,378 municipal areas by 2026.
Mishra mentioned the programme will give attention to rejuvenation of water our bodies to reinforce sustainable contemporary water provide and creating inexperienced areas and sponge cities to scale back floods and improve amenity worth by way of an Urban Aquifer Management plan. There will even be give attention to assembly 20% of water demand by reusing the handled water.


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