Maharashtra grants Rs 250 crores for 'Smart City' Aurangabad
e-Governance Maharashtra

Maharashtra grants Rs 250 crores for ‘Smart City’ Aurangabad

Views: 2.2K

smart-cityMaharashtra Government has decided to contribute Rs.250 crores for the cash-strapped civic body of Aurangabad which is to raise funds for Smart Cities Project.

Aurangabad is first city of in the state to receive such a funding for the central government’s Smart Cities Project. The civic body will receive the aid over a span of five years.

Aurangabad was among the five cities from Maharashtra included in the third list of Centre’s Smart Cities Project last month.

As per the norms of the Smart Cities scheme, the Centre has to contribute Rs 500 crore; while the state government and the civic body concerned have to chip in Rs 250 crore each over five years.

The Aurangabad Municipal Corporation will not have to contribute funds now, as the state government will take care of the civic body’s share of funds.

Get a chance to meet who's who of Transport ecosystem in India including key policymakers from Central and State Governments. Join us at National Summit on ‘Strategy for Ports, Highways Infrastructure and Logistics Efficiency , New Delhi on Aug 13, 2018 to explore business opportunities. Like and connect with us on Facebook, Linkedin and Twitter.

Recommended from all portals

Click to comment

Leave a Reply

Your email address will not be published.

Latest News

To Top