The 34th NCR(National Capital Region) Planning Board meeting took place in New Delhi today under the Chairmanship of Sh Kamal Nath, the Union Minister of Urban Development.
Speaking at the meeting , Mr. Kamal Nath stated that the NCR Planning Board is a unique example of inter-state and inter-agency coordination spread over four federal states and 168 cities & towns. The population growth rate of Delhi has decreased from 47% in 1991-2001 to 21.2% during the last decade 2001-11 proves that the aim and objectives of setting up the NCR Planning Board are on their way to being achieved. The Union Urban Development Minister informed that the initiatives for development for physical and social infrastructure by the NCRPB have continued in a big way and as decided in the last Board Meeting, the interest rates has been reduced from 8.25% to 7.25%. Participating states have already begun taking benefits of these low interest rates and NCRPB has financed over 291 projects in the NCR. Amongst all the market borrowing instruments available to the States, as on date, NCRPB loans are the most attractive. He urged the States to take more benefit of the low interest rates for pushing both physical and social infrastructure projects in their respective states.
Mr. Kamal Nath further informed that during the last 2 years and in current year, the Board has approved financial assistance worth Rs. 2252 crore for 42 new infrastructure development projects and has released financial assistance of Rs. 1362 crore for the ongoing and new projects. The NCRPB has also been able to draw an amount of Rs.170.35 crore from ADB and Rs. 108.45 crore from KfW and has been able to augment its own funds from these agencies for financing viable projects.
Mr. Kamal Nath stated that after approval of the Board in the last meeting, the Draft Revised Regional Plan-2021 was published on 29.07.2013 for inviting objections and suggestions from public and the entire document was uploaded on website. The Board has considered this Plan today and approved its notification as the final Regional Plan-2021 under the provisions of the NCRPB Act, 1985.
He further informed that the Board has already approved the Draft Sub-Regional Plan-2021 for U.P. Sub-Region and which has been uploaded on the website by Government of U.P. Draft Sub-Regional Plan-2021 for Haryana and Rajasthan sub-regions are at final stage of preparation. In the case of NCT-Delhi, Delhi Master Plan for 2021 will be treated as Sub-Regional Plan for Delhi. More importantly, the Master Plans for the various Planning Areas and Municipal Areas in the NCR also need to be prepared/ revised, in line with the Regional Plan/Sub-Regional Plans.
Mr. Nath stated that the Union Cabinet has approved the setting up of National Capital Region Transport Corporation (NCRTC) which will design, construct, operate and maintain the Regional Rapid Transit System (RRTS) projects. The company has already been incorporated under the Companies Act on 21.8.2013 with an initial equity capital of Rs. 100 crore. He informed that Government of Haryana and NCR Planning Board have released their equity shares and urged the remaining stakeholders, namely, Ministry of Railways, Governments of Rajasthan U.P. and NCT of Delhi to release their equity contribution to the NCRTC to expedite the RRTS project.
Based on requests from Government of Haryana, the Board approved the inclusion of adjoining districts of Jind and Karnal of Haryana state in NCR. The work on three new districts added in the last meeting has begun.
The 34th NCR(National Capital Region) Planning Board meeting took place in New Delhi today under the Chairmanship of Sh Kamal Nath, the Union Minister of Urban Development.
Speaking at the meeting , Mr. Kamal Nath stated that the NCR Planning Board is a unique example of inter-state and inter-agency coordination spread over four federal states and 168 cities & towns. The population growth rate of Delhi has decreased from 47% in 1991-2001 to 21.2% during the last decade 2001-11 proves that the aim and objectives of setting up the NCR Planning Board are on their way to being achieved. The Union Urban Development Minister informed that the initiatives for development for physical and social infrastructure by the NCRPB have continued in a big way and as decided in the last Board Meeting, the interest rates has been reduced from 8.25% to 7.25%. Participating states have already begun taking benefits of these low interest rates and NCRPB has financed over 291 projects in the NCR. Amongst all the market borrowing instruments available to the States, as on date, NCRPB loans are the most attractive. He urged the States to take more benefit of the low interest rates for pushing both physical and social infrastructure projects in their respective states.
Mr. Kamal Nath further informed that during the last 2 years and in current year, the Board has approved financial assistance worth Rs. 2252 crore for 42 new infrastructure development projects and has released financial assistance of Rs. 1362 crore for the ongoing and new projects. The NCRPB has also been able to draw an amount of Rs.170.35 crore from ADB and Rs. 108.45 crore from KfW and has been able to augment its own funds from these agencies for financing viable projects.
Mr. Kamal Nath stated that after approval of the Board in the last meeting, the Draft Revised Regional Plan-2021 was published on 29.07.2013 for inviting objections and suggestions from public and the entire document was uploaded on website. The Board has considered this Plan today and approved its notification as the final Regional Plan-2021 under the provisions of the NCRPB Act, 1985.
He further informed that the Board has already approved the Draft Sub-Regional Plan-2021 for U.P. Sub-Region and which has been uploaded on the website by Government of U.P. Draft Sub-Regional Plan-2021 for Haryana and Rajasthan sub-regions are at final stage of preparation. In the case of NCT-Delhi, Delhi Master Plan for 2021 will be treated as Sub-Regional Plan for Delhi. More importantly, the Master Plans for the various Planning Areas and Municipal Areas in the NCR also need to be prepared/ revised, in line with the Regional Plan/Sub-Regional Plans.
Mr. Nath stated that the Union Cabinet has approved the setting up of National Capital Region Transport Corporation (NCRTC) which will design, construct, operate and maintain the Regional Rapid Transit System (RRTS) projects. The company has already been incorporated under the Companies Act on 21.8.2013 with an initial equity capital of Rs. 100 crore. He informed that Government of Haryana and NCR Planning Board have released their equity shares and urged the remaining stakeholders, namely, Ministry of Railways, Governments of Rajasthan U.P. and NCT of Delhi to release their equity contribution to the NCRTC to expedite the RRTS project.
Based on requests from Government of Haryana, the Board approved the inclusion of adjoining districts of Jind and Karnal of Haryana state in NCR. The work on three new districts added in the last meeting has begun.
The 34th NCR(National Capital Region) Planning Board meeting took place in New Delhi today (20.01.2014) under the Chairmanship of Sh Kamal Nath, the Union Minister of Urban Development.
Speaking at the meeting , Mr. Kamal Nath stated that the NCR Planning Board is a unique example of inter-state and inter-agency coordination spread over four federal states and 168 cities & towns. The population growth rate of Delhi has decreased from 47% in 1991-2001 to 21.2% during the last decade 2001-11 proves that the aim and objectives of setting up the NCR Planning Board are on their way to being achieved. The Union Urban Development Minister informed that the initiatives for development for physical and social infrastructure by the NCRPB have continued in a big way and as decided in the last Board Meeting, the interest rates has been reduced from 8.25% to 7.25%. Participating states have already begun taking benefits of these low interest rates and NCRPB has financed over 291 projects in the NCR. Amongst all the market borrowing instruments available to the States, as on date, NCRPB loans are the most attractive. He urged the States to take more benefit of the low interest rates for pushing both physical and social infrastructure projects in their respective states.
Mr. Kamal Nath further informed that during the last 2 years and in current year, the Board has approved financial assistance worth Rs. 2252 crore for 42 new infrastructure development projects and has released financial assistance of Rs. 1362 crore for the ongoing and new projects. The NCRPB has also been able to draw an amount of Rs.170.35 crore from ADB and Rs. 108.45 crore from KfW and has been able to augment its own funds from these agencies for financing viable projects.
Mr. Kamal Nath stated that after approval of the Board in the last meeting, the Draft Revised Regional Plan-2021 was published on 29.07.2013 for inviting objections and suggestions from public and the entire document was uploaded on website. The Board has considered this Plan today and approved its notification as the final Regional Plan-2021 under the provisions of the NCRPB Act, 1985.
He further informed that the Board has already approved the Draft Sub-Regional Plan-2021 for U.P. Sub-Region and which has been uploaded on the website by Government of U.P. Draft Sub-Regional Plan-2021 for Haryana and Rajasthan sub-regions are at final stage of preparation. In the case of NCT-Delhi, Delhi Master Plan for 2021 will be treated as Sub-Regional Plan for Delhi. More importantly, the Master Plans for the various Planning Areas and Municipal Areas in the NCR also need to be prepared/ revised, in line with the Regional Plan/Sub-Regional Plans.
Mr. Nath stated that the Union Cabinet has approved the setting up of National Capital Region Transport Corporation (NCRTC) which will design, construct, operate and maintain the Regional Rapid Transit System (RRTS) projects. The company has already been incorporated under the Companies Act on 21.8.2013 with an initial equity capital of Rs. 100 crore. He informed that Government of Haryana and NCR Planning Board have released their equity shares and urged the remaining stakeholders, namely, Ministry of Railways, Governments of Rajasthan U.P. and NCT of Delhi to release their equity contribution to the NCRTC to expedite the RRTS project.
Based on requests from Government of Haryana, the Board approved the inclusion of adjoining districts of Jind and Karnal of Haryana state in NCR. The work on three new districts added in the last meeting has begun.
Courtesy: Press Information Bureau (pib.nic.in)
Speaking at the meeting , Mr. Kamal Nath stated that the NCR Planning Board is a unique example of inter-state and inter-agency coordination spread over four federal states and 168 cities & towns. The population growth rate of Delhi has decreased from 47% in 1991-2001 to 21.2% during the last decade 2001-11 proves that the aim and objectives of setting up the NCR Planning Board are on their way to being achieved. The Union Urban Development Minister informed that the initiatives for development for physical and social infrastructure by the NCRPB have continued in a big way and as decided in the last Board Meeting, the interest rates has been reduced from 8.25% to 7.25%. Participating states have already begun taking benefits of these low interest rates and NCRPB has financed over 291 projects in the NCR. Amongst all the market borrowing instruments available to the States, as on date, NCRPB loans are the most attractive. He urged the States to take more benefit of the low interest rates for pushing both physical and social infrastructure projects in their respective states.
Mr. Kamal Nath further informed that during the last 2 years and in current year, the Board has approved financial assistance worth Rs. 2252 crore for 42 new infrastructure development projects and has released financial assistance of Rs. 1362 crore for the ongoing and new projects. The NCRPB has also been able to draw an amount of Rs.170.35 crore from ADB and Rs. 108.45 crore from KfW and has been able to augment its own funds from these agencies for financing viable projects.
Mr. Kamal Nath stated that after approval of the Board in the last meeting, the Draft Revised Regional Plan-2021 was published on 29.07.2013 for inviting objections and suggestions from public and the entire document was uploaded on website. The Board has considered this Plan today and approved its notification as the final Regional Plan-2021 under the provisions of the NCRPB Act, 1985.
He further informed that the Board has already approved the Draft Sub-Regional Plan-2021 for U.P. Sub-Region and which has been uploaded on the website by Government of U.P. Draft Sub-Regional Plan-2021 for Haryana and Rajasthan sub-regions are at final stage of preparation. In the case of NCT-Delhi, Delhi Master Plan for 2021 will be treated as Sub-Regional Plan for Delhi. More importantly, the Master Plans for the various Planning Areas and Municipal Areas in the NCR also need to be prepared/ revised, in line with the Regional Plan/Sub-Regional Plans.
Mr. Nath stated that the Union Cabinet has approved the setting up of National Capital Region Transport Corporation (NCRTC) which will design, construct, operate and maintain the Regional Rapid Transit System (RRTS) projects. The company has already been incorporated under the Companies Act on 21.8.2013 with an initial equity capital of Rs. 100 crore. He informed that Government of Haryana and NCR Planning Board have released their equity shares and urged the remaining stakeholders, namely, Ministry of Railways, Governments of Rajasthan U.P. and NCT of Delhi to release their equity contribution to the NCRTC to expedite the RRTS project.
Based on requests from Government of Haryana, the Board approved the inclusion of adjoining districts of Jind and Karnal of Haryana state in NCR. The work on three new districts added in the last meeting has begun.
The 34th NCR(National Capital Region) Planning Board meeting took place in New Delhi today under the Chairmanship of Sh Kamal Nath, the Union Minister of Urban Development.
Speaking at the meeting , Mr. Kamal Nath stated that the NCR Planning Board is a unique example of inter-state and inter-agency coordination spread over four federal states and 168 cities & towns. The population growth rate of Delhi has decreased from 47% in 1991-2001 to 21.2% during the last decade 2001-11 proves that the aim and objectives of setting up the NCR Planning Board are on their way to being achieved. The Union Urban Development Minister informed that the initiatives for development for physical and social infrastructure by the NCRPB have continued in a big way and as decided in the last Board Meeting, the interest rates has been reduced from 8.25% to 7.25%. Participating states have already begun taking benefits of these low interest rates and NCRPB has financed over 291 projects in the NCR. Amongst all the market borrowing instruments available to the States, as on date, NCRPB loans are the most attractive. He urged the States to take more benefit of the low interest rates for pushing both physical and social infrastructure projects in their respective states.
Mr. Kamal Nath further informed that during the last 2 years and in current year, the Board has approved financial assistance worth Rs. 2252 crore for 42 new infrastructure development projects and has released financial assistance of Rs. 1362 crore for the ongoing and new projects. The NCRPB has also been able to draw an amount of Rs.170.35 crore from ADB and Rs. 108.45 crore from KfW and has been able to augment its own funds from these agencies for financing viable projects.
Mr. Kamal Nath stated that after approval of the Board in the last meeting, the Draft Revised Regional Plan-2021 was published on 29.07.2013 for inviting objections and suggestions from public and the entire document was uploaded on website. The Board has considered this Plan today and approved its notification as the final Regional Plan-2021 under the provisions of the NCRPB Act, 1985.
He further informed that the Board has already approved the Draft Sub-Regional Plan-2021 for U.P. Sub-Region and which has been uploaded on the website by Government of U.P. Draft Sub-Regional Plan-2021 for Haryana and Rajasthan sub-regions are at final stage of preparation. In the case of NCT-Delhi, Delhi Master Plan for 2021 will be treated as Sub-Regional Plan for Delhi. More importantly, the Master Plans for the various Planning Areas and Municipal Areas in the NCR also need to be prepared/ revised, in line with the Regional Plan/Sub-Regional Plans.
Mr. Nath stated that the Union Cabinet has approved the setting up of National Capital Region Transport Corporation (NCRTC) which will design, construct, operate and maintain the Regional Rapid Transit System (RRTS) projects. The company has already been incorporated under the Companies Act on 21.8.2013 with an initial equity capital of Rs. 100 crore. He informed that Government of Haryana and NCR Planning Board have released their equity shares and urged the remaining stakeholders, namely, Ministry of Railways, Governments of Rajasthan U.P. and NCT of Delhi to release their equity contribution to the NCRTC to expedite the RRTS project.
Based on requests from Government of Haryana, the Board approved the inclusion of adjoining districts of Jind and Karnal of Haryana state in NCR. The work on three new districts added in the last meeting has begun.
The 34th NCR(National Capital Region) Planning Board meeting took place in New Delhi today (20.01.2014) under the Chairmanship of Sh Kamal Nath, the Union Minister of Urban Development.
Speaking at the meeting , Mr. Kamal Nath stated that the NCR Planning Board is a unique example of inter-state and inter-agency coordination spread over four federal states and 168 cities & towns. The population growth rate of Delhi has decreased from 47% in 1991-2001 to 21.2% during the last decade 2001-11 proves that the aim and objectives of setting up the NCR Planning Board are on their way to being achieved. The Union Urban Development Minister informed that the initiatives for development for physical and social infrastructure by the NCRPB have continued in a big way and as decided in the last Board Meeting, the interest rates has been reduced from 8.25% to 7.25%. Participating states have already begun taking benefits of these low interest rates and NCRPB has financed over 291 projects in the NCR. Amongst all the market borrowing instruments available to the States, as on date, NCRPB loans are the most attractive. He urged the States to take more benefit of the low interest rates for pushing both physical and social infrastructure projects in their respective states.
Mr. Kamal Nath further informed that during the last 2 years and in current year, the Board has approved financial assistance worth Rs. 2252 crore for 42 new infrastructure development projects and has released financial assistance of Rs. 1362 crore for the ongoing and new projects. The NCRPB has also been able to draw an amount of Rs.170.35 crore from ADB and Rs. 108.45 crore from KfW and has been able to augment its own funds from these agencies for financing viable projects.
Mr. Kamal Nath stated that after approval of the Board in the last meeting, the Draft Revised Regional Plan-2021 was published on 29.07.2013 for inviting objections and suggestions from public and the entire document was uploaded on website. The Board has considered this Plan today and approved its notification as the final Regional Plan-2021 under the provisions of the NCRPB Act, 1985.
He further informed that the Board has already approved the Draft Sub-Regional Plan-2021 for U.P. Sub-Region and which has been uploaded on the website by Government of U.P. Draft Sub-Regional Plan-2021 for Haryana and Rajasthan sub-regions are at final stage of preparation. In the case of NCT-Delhi, Delhi Master Plan for 2021 will be treated as Sub-Regional Plan for Delhi. More importantly, the Master Plans for the various Planning Areas and Municipal Areas in the NCR also need to be prepared/ revised, in line with the Regional Plan/Sub-Regional Plans.
Mr. Nath stated that the Union Cabinet has approved the setting up of National Capital Region Transport Corporation (NCRTC) which will design, construct, operate and maintain the Regional Rapid Transit System (RRTS) projects. The company has already been incorporated under the Companies Act on 21.8.2013 with an initial equity capital of Rs. 100 crore. He informed that Government of Haryana and NCR Planning Board have released their equity shares and urged the remaining stakeholders, namely, Ministry of Railways, Governments of Rajasthan U.P. and NCT of Delhi to release their equity contribution to the NCRTC to expedite the RRTS project.
Based on requests from Government of Haryana, the Board approved the inclusion of adjoining districts of Jind and Karnal of Haryana state in NCR. The work on three new districts added in the last meeting has begun.
Courtesy: Press Information Bureau (pib.nic.in)
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