₹4,000-crore World Bank-assisted TG urban transformation project gets Centre’s nod
The Union Finance Ministry has approved a ₹4,000-crore World Bank-assisted project for Telangana aimed at urban transformation. The initiative focuses on improving infrastructure, climate resilience, and economic growth in Tier-II and Tier-III cities.
Why it matters
This project represents a significant investment in regional urban development and institutional reform, potentially serving as a model for other Indian states.
The Telangana Municipal Administration and Urban Development (MA&UD) Department’s ₹4,000-crore Telangana Urban Transformation and Jobs Programme, a World Bank-assisted initiative aimed at transforming selected urban clusters into liveable, climate-resilient and economically vibrant regions, received approval from the 166th Screening Committee of the Department of Economic Affairs under the Union Finance Ministry at a meeting held on Friday.
The clearance will enable processing under the Centre’s appraisal mechanism for externally aided projects, according to an official release issued by MA&UD Secretary T.K. Sreedevi. The programme also seeks to improve the quality of essential municipal services and strengthen urban institutions.
It aims to strengthen urban infrastructure and municipal services in Tier-II and Tier-III cities through investments in water supply, sewerage, stormwater drainage, urban mobility, blue-green infrastructure, climate resilience and public spaces. These initiatives are expected to improve liveability and service delivery.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in