Injecting a major funding booster to the Jaipur Development Authority (JDA) to improve the infrastructure projects currently moving at snail pace due to shortage of funds, NCRPB has given in-principle approval to sanction loan for the eight major projects, including revival of Dravyavati River and elevated road entailing an investment of Rs. 1,098cr. The funds would be invested on the revival of river and Rs. 565-cr on the seven ongoing railway over bridges (ROBs), including the ambitious elevated road project. The NCRPB has provided 75% as loan as the project cost and the JDA expects to earn Rs. 900-cr from auctioning land, said official sources.
📅Published on:
04 February 2017
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