Rs.21,000 crore projects to improve Hyderabad infrastructure

Image
IANS Hyderabad
Last Updated : Aug 12 2015 | 10:22 PM IST

Telangana Chief Minister K. Chandrasekhar Rao on Wednesday said infrastructure in and around Hyderabad will be improved with projects worth Rs.21,000 crore.

He said plans were prepared to improve the infrastructure in order to decongest the city and solve the traffic problem.

Addressing the national council of Confederation of Indian Industry (CII) here on Wednesday night, he said Greater Hyderabad Municipal Corporation (GHMC) had prepared plans on the lines of Dallas (in US Texas state) to build multilevel flyovers at important junctions.

KCR, as the chief minister is popularly known, said a Canadian firm had already conducted a study and presented its report. GHMC has also called for tenders for the first phase of the project.

The chief minister said the government was encouraging private sector to participate in creating infrastructure required in Hyderabad.

He said as the state has a huge land bank, it would allot lands to industry employing 3,000 to 5,000 employees to build their own townships in Hyderabad Metropolitan Development Authority (HMDA) area spread over 7,200 square km.

*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: Aug 12 2015 | 10:06 PM IST

Next Story