Vizag Development Plan Draft Estimated at Rs. 6,024 cr.
July 4, 2013
The draft City Development Plan of the Greater Visakhapatnam Municipal Corporation has been drawn up with an estimated outlay of Rs. 6,024 crore, Commissioner GVMC M. V. Satyanarayana said.
The draft plan is likely to be finalised by June-end after consultations with people’s representatives, officials and other stakeholders, he told mediapersons in his chambers here on Friday.
The CDP has been drawn taking into consideration the inputs from stakeholders after the first draft was rejected by people’s representatives.
The plan has been drawn up for works to be taken up in the next seven years and is expected to meet the demands of the estimated population of the city in the year 2035, he explained.
‘Not a fixed plan’
The CDP is not a fixed plan but would have to be revised taking into consideration the changing scenarios and demographics, he added.
The major component of the draft CDP’s Rs. 6,024 crore has been taken up by the plan for 24-hour water supply to be completed with an estimated Rs, 2,184 crore (36 per cent) and the estimate for housing for urban poor accounts for Rs. 1,500 crore (25 per cent), he said.
Read the full article at this link: The Hindu