Centre releases Rs.200 crores for Chennai & Coimbatore smart city projects

CHENNAI: Special Purpose vehicles have been established in Coimbatore and Chennai for the smart city projects and 200 crore as part of Central government grant of total 500 crore has been released, said union minister for Urban development M Venkaiah Naidu on Wednesday.

In his address during the launch of Chennai metro rail’s airport line, the minister said the state has the highest number of smart cities approved at 12. A total of 49 projects have been identified by Chennai and Coimbatore has identified four projects, he said. He also said the Centre has approved funds for Tamil Nadu, which includes 2936 crore for Smart City Mission, 7082 crore for Atal Mission for Rejuvenation and Urban Transformation mission, 340 crore for Swachh Bharat Mission, 45 crore for Hriday and 1,796 cr for Housing Mission.

He also said recognising the significant cultural and historical heritage of the state, Kanchipuram and Velankanni have been selected under 12 heritage cities declared. The Union ministry has sanctioned 23.4crore for Kanchipuram and 22.6crore for Velankani.

Credits ET Realty

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