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Centre releases Rs. 27.11-cr as 1st instalment for Sultanpur Lodhi Smart City Project

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Chandigarh, September 28, 2019 (Yes Punjab News)

The central government has released the first advance installment, amounting to Rs 27.11 crore, from its share of the funds earmarked for the Sultanpur Lodhi Smart City project, slated for launch on the historic occasion of the 550th birth anniversary celebrations of Sri Guru Nanak Dev ji.

The estimated cost of the project, under the Smart Cities Mission, is Rs.271.11 Cr, to be equally distributed between the Government of India and the state government. It is to be released in three installments of 20:40:40.

Chief Minister Captain Amarinder Singh will launch a series of long-term development projects for the various towns/regions associated with the Sikh Guru during the mega celebrations. The Sultanpur Lodhi Smart City development project is among the most prominent of these projects.

In its letter to the state government, the Union Ministry of Housing and Urban Affairs has said that the sanction shall be regulated in accordance with the provision of GFR 2017, and the amount has to be used as a tied grant, to be kept as a separate city level grant.

The project has to be completed in a maximum of three years. The SPV, through Urban Local Bodies department of the Punjab Government, will furnish Utilization in the prescribed Performs as provided in the SCM Guidelines Second.

The third installment would be released on furnishing of Utilization Certificates for at least 75% of the composite share of Central as well as the State Government of Punjab, as per the communication received by the state, according to an official spokesperson.

The project is among various projects approved by the National Implementation Committee, constituted last November by the Prime Minister under the chairmanship of then Union Home Minister Rajnath Singh to commemorate the 550th birth anniversary of Guru Nanak in the country and abroad.

The state government had proposed the projects to central government, including the development Sultanpur Lodhi, where Guru Nanak was believed to have spent most of his life, as a heritage city. The NIC had approved the historic town’s special development plan, incorporating `Pinde Baba Nanak Da’, said the spokesperson.

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