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India : 34th meeting of the NCR Planning Board takes place in New Delhi today NCRPB approves inclusion of Jind & Karnal districts of Haryana in NCR.

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.

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Publication:Mena Report
Geographic Code:9INDI
Date:Jan 21, 2014
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