Question : URBAN INFRASTRUCTURE PROJECTS



(a) whether the Union Government have sought Rs.870 crore credit from the Asian Development Bank to finance urban infrastructure projects in the country;

(b) if so, the details thereof and the various nodal agencies through which the funds are likely to be disbursed;

(c) the requirements of various States with regard to the Urban infrastructure projects, State-wise;

(d) the funds disbursed by the Centre through these nodal agencies during each of the last three years, State-wise;

(e) whether the Government have received any projects/proposals from the State Governments in this connection during the last three years; and

(f) if so, the details thereof State-wise?

Answer given by the minister

MINISTER OF STATE FOR URBAN DEVELOPMENT & POVERTY ALLEVIATION ( SHRI BANDARU DATTATREYA )

(a)&(b): Asian Development Bank (ADB) has approved a line of credit of US$ 200 million (approx. Rs.370 crore) for the Urban and Environmental Infrastructure Facility Project. The line of credit is to HUDCO (US $ 90 million) ICICI (US $80 million) and IDFC (US $ 30 million). The line of credit is to assist the Government in developing Urban and Environmental Infrastructure to meet the basic human needs and improve quality of life. The project is structured to meet this objective by providing long term funds through the three Financial Institutions for financing commercially viable urban and environmental infrastructure projects in selected States and municipalities where reforms have taken place and also for supporting with technical assistance, the integration of micro finance and institutional finance for urban and environmental infrastructure projects.

(c)to(f): Agreement for the line of Credit was signed on 19 May 2000. The credit can start flowing after the loan is declared effective. In the meanwhile proposals were received from Government of Kerala for a project titled Canal Walk Thiruvananthapuram and Government of Gujarat for projects for Water Supply in Ahmedabad, Vadodara and Surat and widening of existing bridges, under pass road over-bridge and construction of new bridges and road overbridges in Vadodara city respectively. The concerned State Governments were advised to take up the project proposals with any of the three Financial Institutions.