Mumbai makeover plan likely to get govt nod soon
The Maharashtra government is considering integrating the island city with its metropolitan region in the proposed Rs 2.25-lakh crore business plan for economic development of Mumbai Metropolitan Region.
By TNN |
MUMBAI:The Maharashtra government is considering integrating the island city with its metropolitan region in the proposed Rs 2.25-lakh crore business plan for economic development of Mumbai Metropolitan Region (MMR). Minister of state for urban development Rajesh Tope told the Legislative Council on Wednesday that the state government would approve the business plan once Mumbai Metropolitan Region Development Authority (MMRDA) clears it.
The business plan proposes development of infrastructure in the MMR and includes components like road transport, metro railway, skybus, water transport, and upgradation of drains. It estimates private investment to account for more than 60% of the plan size while the government share would come in the form of direct grants and viability gap funding for major projects.
MMRDA���s approval for the business plan, prepared by a Canadian firm Lee Consultancy, is essential since it would be the nodal agency for the plan in the 4,355 sq km long Mumbai metropolitan region. The plan looks at developing small centres of industrial and economic activity in the MMR, thus distributing the benefits of economic prosperity in the entire region.
In order to establish faster and efficient connectivity between the cities and townships in MMR, the business plan proposes modern means of mass transport. The MMR, with an estimated population of 19 million which constitutes 22% of Maharashtra���s population, has seven municipal corporations, 13 municipal councils, and 982 villages in its territory. Mr Tope told the Council that the plan would reduce the commuting time within any two centres of the MMR to less than an hour and emphasis would be on mass transport.
June 2007, the state government submitted a comprehensive development plan for the MMR region to the centre based on the business plan. The CDP proposes three-pronged development strategy inclusive socio-economic growth, infrastructure development to fuel growth, and public private partnership model.
The business plan proposes development of infrastructure in the MMR and includes components like road transport, metro railway, skybus, water transport, and upgradation of drains. It estimates private investment to account for more than 60% of the plan size while the government share would come in the form of direct grants and viability gap funding for major projects.
MMRDA���s approval for the business plan, prepared by a Canadian firm Lee Consultancy, is essential since it would be the nodal agency for the plan in the 4,355 sq km long Mumbai metropolitan region. The plan looks at developing small centres of industrial and economic activity in the MMR, thus distributing the benefits of economic prosperity in the entire region.
In order to establish faster and efficient connectivity between the cities and townships in MMR, the business plan proposes modern means of mass transport. The MMR, with an estimated population of 19 million which constitutes 22% of Maharashtra���s population, has seven municipal corporations, 13 municipal councils, and 982 villages in its territory. Mr Tope told the Council that the plan would reduce the commuting time within any two centres of the MMR to less than an hour and emphasis would be on mass transport.
June 2007, the state government submitted a comprehensive development plan for the MMR region to the centre based on the business plan. The CDP proposes three-pronged development strategy inclusive socio-economic growth, infrastructure development to fuel growth, and public private partnership model.
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