Urban Development Minister M Venkaiah Naidu said in Lok Sabha that after the end of the Jawaharlal Nehru National Urban Renewable Mission on March 31, 2014, states have been asked to take care of unfinished projects.
He said after the recommendations of the Finance Commission were implemented, states have been earmarked more funds. "They have become rich and I have become poor," he said in a lighter vein.
With the increase in fund devolution to states, the state governments have more resources at their disposal to complete the schemes.
Responding to a supplementary by a Congress member, the Minister said the government is "positively considering" making MPs co-chairpersons of project vigilance committees in urban areas on the lines of rural areas.
His statement was greeted by members, cutting across party lines.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
