Tripura to execute Smart City project with ADB loan

by IANS |

Agartala, June 20 (IANS) The Tripura government has taken a Rs 500 crore loan from the Asian Development Bank (ADB) and Hudco to execute the Rs 1,000 crore Smart City project here, Chief Minister Biplab Kumar Deb said here on Wednesday.


"The state government has taken Rs 500 crore as loan from the ADB and Hudco (Housing and Urban Development Corporation) to carry out the Rs 1,000 crore smart City project in Agartala by 2021. The loan was taken to meet the matching share of the state government," Deb told the state Assembly.

Accusing the previous Left Front government of delaying the project, he said the Centre had sanctioned the Rs 1,000 crore project in 2016 and the Manik Sarkar regime had implemented it, it would have been completed by 2019. 

Replying to a question by Bharatiya Janata Party (BJP) legislator Asish Saha, the Chief Minister said works for the project have already begun and the Union Housing and Urban Affairs Ministry has sanctioned Rs 196 crore.

Regarding floods and the chronic water-logging problems in Agartala, two multi-purpose dams would be constracted at the Baramura Hills at a cost of Rs 225 crore.

"The Ministry of Development of North Eastern Region has already sanctioned Rs 125 crore for the dams. The project has been approved by the North East Special Infrastructure Development Scheme," the Chief Minister added.

After the construction of the two dams, pure water can be supplied to the people and livelihood opportunities of the tribals would be created, according to Deb.

Latest News
IPL 2024: Looking to see more attacking fast bowling from Siraj and Yash, says RCB head coach Flower Sat, May 04, 2024, 04:26 PM
Inspiring voices of India's women panchayat leaders resonate at UN meet Sat, May 04, 2024, 04:24 PM
CM, Dy CM obsessed with 'pen drive', forgotten about guarantees: KarnatakaBJP chief Sat, May 04, 2024, 04:21 PM
President Murmu reaches Shimla for five-day visit Sat, May 04, 2024, 04:13 PM
Cracks in the armour: Cong faces serious challenge from NC rebel candidate in Ladakh constituency Sat, May 04, 2024, 04:06 PM
Chinese embassy in Canada refutes foreign interference accusations Sat, May 04, 2024, 03:47 PM
Karnataka CM chairs SIT meeting, orders immediate arrest of Prajwal Revanna Sat, May 04, 2024, 03:42 PM
Study calls for making cardiorespiratory fitness a part of annual check-up Sat, May 04, 2024, 03:35 PM
'Refusing an ICC event can backfire', cautions Rashid Latif amid uncertainty over India's participation in Champions Trophy Sat, May 04, 2024, 03:24 PM
Meta gets 27K reports via Indian grievance mechanism in March, fake FB, Insta profiles key concern Sat, May 04, 2024, 03:23 PM
Government lifts ban on onion exports with price rider Sat, May 04, 2024, 03:22 PM
Multiple fires erupt in Ukraine's Kharkiv after overnight Russian attacks Sat, May 04, 2024, 03:19 PM
UNGA president invokes Mahatma Gandhi to call for protecting journalists Sat, May 04, 2024, 03:18 PM
Rahul's Raebareli move will be 'suicidal', says ex-Congman Pramod Krishnam Sat, May 04, 2024, 03:17 PM
'Shahenshah lives in castle': Priyanka Gandhi's retort on Rahul being dubbed 'Shehzada' Sat, May 04, 2024, 02:55 PM