TN govt to spend Rs 1,900 cr on road devepoment projects

Image
BS Reporter Chennai
Last Updated : Jan 19 2013 | 11:54 PM IST

Roads in Tamil Nadu, especially in rural areas, are to be upgraded with an investment of over Rs 1,900 crore. The projects to be funded by the Union Government and with the help of National Bank for Agriculture and Rural Development (NABARD).

After announcing the Rural Development and Panchayat Raj Department for the year 2009-10 in the state assembly on Monday, Tamil Nadu's Deputy Chief Minister MK Stalin said that under Indian Prime Minister Road Development Programme a sum of Rs 1,325 crore has been allocated to the state. The money will be used to develop 5,114 kms of road in the state.

He noted between 2000-01 and 2007-08 Rs 713 crore has been allocated to the state under the programme, whereas for one single year 2008-09 the state government has received Rs 1,325 crore.

The government's announcement also said under The Anaithu Grama Anna Marumalarchi Thittam, wholly funded by the State Government which emerged as the biggest of all rural development schemes in the state, the government is planning to spend Rs 400 crore to develop 2,822 kms in villages.

In 2006-07 and 2007-08 the government had spent of Rs 825 crore to develop 6,412 kms roads. The development was supported by NABARD.

To develop Thar Roads the government is planning to spend around Rs 178 crore. The money will spent on to carry out patch up and other development works on the existing roads.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 30 2009 | 9:09 AM IST

Next Story