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Smart city project yet to see light of the day

Image result for smart city projectThree months have passed since Trichy city was selected for funding under Smart City project but there appear to be no sign of the project seeing light of the day. The major areas pertaining to smart cities include Sanitation, waste management, quality of life and affordable housing for the city residents.
No steps have been taken so far to form special purpose vehicles essential for the execution of the project. The SPV should be registered as a company under the Company's act. It will have commissionerate of municipal administration (CMA) as its chairman and corporation commissioner will be the managing director.

A full-time CEO will be appointed for the SPV and board of directors comprising nominees from state and central government will carry outthe work. Sources from the city corporation say that a consultant was appointed by the central government to assist the formation of SPV but the consultant went back over no interest shown by the city corporation in this regard. This has now brought the work to a standstill.
Meanwhile, a senior official told TOI over phone that the city corporation is awaiting a GO from the state government following which steps would be taken to form a special purpose vehicle (SPV). Saying that there would no further delay in executing the project, the official said that specialised teams would be formed to executing various components under the project after considering the Chennai, Coimbatore and other smart city models of other cities with the help of consultants.
Releasing list of 30 cities in the third and final list of cities in June this year, ministry for urban development declared Trichy one of the cities eligible for Rs 500 crore funding by the Union government for the next five years under the smart city project. The over Rs 1000 Crore project will have 50 percent of the funding from the state government.
While Trichy corporation has planned to execute the project with an estimated cost of Rs 1271.04 Crore, the majority spending is for area-based development covering core city area of Rockfort, Thillai Nagar, Gandhi Market and Woraiyur at a cost of Rs 1137 crore. Pan city area, which will provide a comfortable transport system for the citizens, will be executed at a cost of Rs 133.49 crore.


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