Log has written
WEDNESDAY, FEBRUARY 15, 2012

New Delhi: In a bid to expedite Commonwealth Games projects, government is likely to provide an additional amount of about Rs 500 crore to the Delhi Development Authority(DDA).

The Expenditure Finance Committee (EFC) has approved the proposal to provide the additional fund of Rs497 crore to DDA for completion of Commonwealth Games infrastructure in the capital, a senior urban development ministry official said.

Till now, the DDA has been given a total of Rs330 crore for execution of various Commonwealth Games projects.

The scope and design of these projects have undergone several changes keeping the prevailing international standard in mind, the official said.

The DDA is executing several Commonwealth Games projects including stadiums, Games Village, flyovers which are to be completed before October 2010.

The additional fund will be given to the DDA after the approval of the Cabinet Committee on Infrastructure next week.

Besides Games Village and flyovers, DDA is constructing Siri Fort stadium, Saket Sports Complex and Yamuna Sports Complex.

Tags - Find More Articles On:
READ MORE ARTICLES BY:
blog comments powered by Disqus
Inflation at 2-year low; risks remain
Fall increases chances of monetary easing by RBI; analysts warn macroeconomic risks could reverse trend
Home, auto and personal loans see sharp fall in growth
The year-on-year loan growth to capital-intensive industries slowed to 19.8% between December 2010 and...
Banks oppose Irda norms on retailing policies
With banks starting their own insurance ventures, non-bank promoted insurers have been finding it difficult...
Tata Motors net profit up on strong JLR sales
The company’s profit soars 41% to a record high of Rs 3,406 crore in the three months ended December
RBI warns on bad loans, but says situation not alarming
Sinha said it will be more challenging for banks to find equity investors after the stricter capital...