Under the Smart City mission, Shimoga has about 74 projects worth Rs 11.84 billion, which are under various stages of project preparation or execution or tendering, says Charulata Somal, Managing Director, Shivamogga Smart City Corporation, and Commissioner, Shimoga City Corporation.
When the 60 winning cities (with proposals worth over Rs 1.31 lakh crore) become smart, it is expected to positively impact the lives of 72 crore urban population. While Rs 1.05 lakh crore will be spent on area-based development plans, Rs 26,141 crore will be spent on pan-city solutions in the next five years.
Insufficient allocation of funds in the railway budget 2013-14 for the expansion of the metro rail network in Kolkata may affect the execution of the project. The budget 2013-14 earmarked only Rs 475 crore for all four network expansion projects envisaged by West Bengal government, as against a budget allocation of Rs 6,000 crore and Rs 4,000 crore respectively in 201