PMC awaits funds from state to execute infra projects

The Pune Municipal Corporation (PMC), which has undertaken several infrastructure development projects in the city, has been waiting for state government assistance for months, despite assurances from deputy chief minister Devendra Fadnavis. PMC has planned several flyovers, underpasses, and road projects worth over 2,000 crore in the city. Due to the high project and land acquisition costs, the civic body requested financial assistance from the state government. Fadnavis, who is also the finance minister, promised state funding for several projects in January. PMC has asked state for financial help to execute various projects, said Fadnavis, who was in the city to inaugurate the flyover at Golf Club Chowk in Yerwada. The total cost of these projects is ₹2,000 crore. The state government will bear 60 per cent cost, while the civic body will have to contribute 40 per cent.” Fadnavis also directed PMC to submit project details to the state government. PMC additional commissioner Vikas Dhakne confirmed that the civic body has submitted a proposal for the same. We have asked for financial assistance for 15 flyovers and underground projects, including land acquisition costs for Katraj-Kondhwa and Shivane Kharadi Road, said VG Kulkarni, head of PMC's road department. However, we have received no response from the state government. Recently, Pune district guardian minister Chandrakant Patil assured the civic body of the required funds. Also Read Rs 50 billion to be raised via bonds after NLC’s board approval Tangedco geared up to bid for coal mines in Kankili, Odisha