|
Naya Raipur, with a proposed road length of 225 km, will be the first green field city in India to have dediceted Bus lanes. By the time project is ready by 2031, it would have cost an estimated Rs 50000 crore. Of this the state government will spend about Rs 8000-10000 crore. NDRA got an initial grant of Rs 6.5 billion from the state government and Rs 2 billion from the centre under the Twelth finance commission subsequently. The world bank has sanctioned a loan of Rs 66 crore for the BRTS project while HUDCO has offered a loan of Rs 550 crore for land acuisition and infrastrucure development.
|