The State Government has allocated Rs 1,942 crore for the development of Hyderabad.
“The government is providing assistance to Greater Hyderabad Municipal Corporation (GHMC), Hyderabad Metro Rail (HMR) and Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB) in order to make the city of Hyderabad a world class metropolis,” Finance Minister Etala Rajender said in his budget speech in the Telangana Legislative Assembly on Wednesday. He said liberal assistance is being given to HMWSSB in order to complete Krishna Phase-III and Godavari Phase-I bringing an additional 260 million gallons per day of water by the end of the year. In fact, Krishna Phase-III water will reach the city during this summer season, he said.
Apart from completely cleansing the Hussain Sagar lake, government is planning for strategic road and skyline development in Hyderabad city with an amount of Rs 1600 crore. Hyderabad Metro is scheduled for completion by July 2017 as per schedule.
The amount proposed in Budget 2015-16 for GHMC, HMR and HMWSSB are Rs 526 crore, Rs 416 crore and Rs 1,000 crore respectively. (INN)