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NCR Planning Board projects worth Rs. 2000 crores


water and sewerage projects in NCR & CMA towns. This grant would be in addition to the long term soft loan of up to 75% of the project cost so that service level benchmarks can be met.

The Minister for Urban Develop- ment, Mr. Kamal Nath who is also the Chairman of the NCR Planning Board has said that “the NCR Planning Board is a unique ex- periment in inter-State and inter- agency coordination. It involves the implementation of develop- ment policies and programmes over four federal units and 108 cities & towns as stakeholders”. He said that “ the NCR Planning Board’s strategy has always been to assist State Governments at all levels to make the Region more equitable, efficient, sustainable and environmentally friendly.” Mr Kamal Nath urged the State governments to move towards the PPP model for infrastructure development in order to benefit from the financial and human resources of the private sector. Towards this, for the first time, the Board approved viability gap funding, on the basis of the Min- istry of Finance guidelines for PPP projects.

In order to assist the State gov- ernments to bridge the huge infrastructure deficit, for the first time, the Board approved a grant of up to 15% of project cost for

The NCR Planning Board will be undertaking programmes and projects worth Rs.2145 crore during the Twelfth Five Year Plan. In addition to tapping the domes- tic capital market, resources for infrastructure projects will also be made available from multi-lateral/ bi-lateral aid agencies, i.e. ADB as well as KfW for long term soft loans. A loan of USD 150 million from ADB has been approved for financing infrastructure projects in NCR and it’s Counter Magnet Areas (CMAs), of which USD 78 million will be available as the first tranche. Agreement for loan of Euro 100 million from KfW for environment friendly infra- structure projects has also been signed.

The Board was briefed on the Delhi Metro work having com- menced on Phase III. Connectivity between Gurgaon, Ghaziabad and Noida has already been achieved and connectivity to Faridabad has been sanctioned for implementa- tion. Proposals for extension of Delhi Metro to Faridabad-Ballab- hgarh are also in the pipeline. The extension of Mundka line to Bahadurgarh in Haryana is being considered for inclusion under Phase III and surveys are being carried out by DMRC for Exten-

sion of Metro from Rithala to Bawana. The States were urged to expedite the work on the Eastern and Western Peripheral Express- way.

The Board was informed that feasibility reports of three prior- itized Regional Rapid Transit Sys- tem (RRTS) corridors have been prepared for implementation in consultation with participating states, namely: Delhi-Meerut (90 kms), Delhi-Panipat (111 kms), and Delhi-Alwar (180 kms). These projects costing roughly Rs.70,000 crore would lead to reduction in travel time within NCR, reduction of number of vehicles on roads, decongestion of both National Highways and arterial roads and tremendous reduction in pollu- tion levels and ultimately im- provement in the quality of life in NCR.

The Board reviewed the progress made consequent to signing of the Reciprocal Common Transport Agreements for Contract Carriage and Stage Carriage for facilitat- ing seamless travel in NCR. More than 11,000 NCR taxis and 240 buses are now plying under the Reciprocal Common Transport Agreement for Contract Carriage.

The Board noted that upto De- cember 2011, loan financing for 265 social and physical infrastruc- ture projects worth Rs. 18,069 crore has been provided by the NCRPB. Against these projects, loans worth Rs 347 crore have been sanctioned to Rajasthan sub-region, Rs 882 crore to UP sub-region, Rs. 5089 crore to Haryana sub-region, Rs 609 crores to NCT-Delhi and Rs 1108 crore to the Counter – Magnet areas.

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