1. CM Yogi Adityanath makes big infrastructural push, asks for Rs 13,600 crore loan from Centre for roads, bridges, e-way in Uttar Pradesh

CM Yogi Adityanath makes big infrastructural push, asks for Rs 13,600 crore loan from Centre for roads, bridges, e-way in Uttar Pradesh

Adityanath has demanded Rs 2,600 crore loan for roads, Rs 1,000 crore for bridges, Rs 2,500 crore for greenfield express-way between Lucknow and Ballia, Rs 3,000 crore for housing under Pradhan Mantri Awas Yojana (PMAY-Gramin) and Rs 1,000 crore for PMAY-Urban, among others.

By: | New Delhi | Published: June 13, 2017 9:45 PM
adityanath, ifrastructure, adityanath rs 13600 crore loan, adityanath loan rs 13000 crore, yogi adityanth loan amount A Rs 7,000 crore loan is likely to be sanctioned soon to start with. (PTI)

Chief Minister Yogi Adityanath-led Uttar Pradesh government on Tuesday sought a loan of Rs 13,600 crore from the Housing and Urban Development Corporation (HUDCO) for developing infrastructure in state. A Press Trust of India report said that Uttar Pradesh Finance Minister Rajesh Agarwal met Union Housing and Urban Poverty Alleviation (HUPA) Minister M Venkaiah Naidu, and handed over a letter written by the Chief Minister Adityanath, seeking the loan. As per the report, the chief minister has demanded Rs 2,600 crore loan for roads, Rs 1,000 crore for bridges, Rs 2,500 crore for greenfield express-way between Lucknow and Ballia, Rs 3,000 crore for housing under Pradhan Mantri Awas Yojana (PMAY-Gramin) and Rs 1,000 crore for PMAY-Urban, among others. Venkaiah Naidu, the Minister for  HUPA, has asked ministry officials to deal with the proposal with speed and efficiency. A Rs 7,000 crore loan is likely to be sanctioned soon to start with, the release said. Naidu also asked the state-run National Building Construction Corporation (NBCC) to send a team to the state to explore the possibility of revenue generation for the Uttar Pradesh government through monetisation of land at different places. Earlier on Monday, Adityanath had met Union Minister of Road Transport and Highways Minister Nitin Gadkari, seeking measures for better roads in the state. “We have been assured 73 State Highways will be converted into National Highways,” he said after meeting the minister.

Adityanath further thanked Narendra Modi government for clearing so many schemes for Uttar Pradesh. “First time so many schemes have been cleared which include around Rs 10,000 crore from Central Road Fund for construction of roads,” Adityanath said.

In the same meeting, Gadkari vowed to make possible waterway travel from Varanasi to Allahabad before 2019 Kumbh mela. “We will make sure that people can travel from Varanasi to Allahabad through waterways in 2019 Kumbh,” Gadkari was quoted as saying by ANI.

  1. Himmatlal Joshi
    Jun 16, 2017 at 7:34 am
    2019 Kumbha will generate a huge amount of revenue for the State. It will be able to repay the loan also.It will attract more than 20 crore pilgrims.
    Reply
    1. V
      Vivek mishra
      Jun 13, 2017 at 10:49 pm
      We, people of UP want to generate our own revenue instead of taking loans to do development in our state. Look at what Gujrat, TN, AP, Telangana and MH are doing to bring industries to their state, and because of that highly educated people migrate to these states. This again helps these states in generating Rental income, income through education, income through housing etc. This also motivates lower class people in these places to encourage their children to study. It is a complete circle of deveopment at these places. UP somehow is still stuck at Caste based and religion based politics. We all want to come back to our state and work, but because of almost nill indutries in UP are forced to be at different places.
      Reply

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