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Our Bureau

Hyderabad, Oct. 18

The Union Government is seriously considering a proposal to enhance the viability gap funding for States to take up metro rail projects.

“We are considering the proposal to increase the support to 30 per cent from the present 20 per cent. It is in an advanced stage,” said Mr Jaipal Reddy, Union Minister for Urban Development.

Addressing the workshop on mainstreaming public-private partnerships here on Thursday, he said the move was aimed at encouraging the developers as such projects were not viable.

Mr Reddy also indicated that the Andhra Pradesh Government could get one-third of the project cost of the Rs 9,200-crore metro project being planned in Hyderabad.

Stating that urbanisation would further grow, he said the Jawaharlal Nehru Urban Renewal Mission targeted to improve infrastructure in 63 cities.

“The Centre would contribute Rs 50,000 crore, while respective States would spend a similar amount,” he said.

This, however, was not sufficient. “The actual demand (for development of urban infrastructure) is put at Rs 3.50 lakh crore for cities with more than one million population. It could be far more if you consider smaller cities,” he said.

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