Minister for IT, Municipal Administration and Urban Development K T Rama Rao on Wednesday said that Rs 20,146 crore would be spent for upgrading Hyderabad into a global city. He participated in a review meeting with the officials concerned here and held discussions with them on the action plan to turn the city into a global city by giving a facelift through roads, facilities, infrastructure, lights, water supply, expansion of nalas, development and beautification of Musi River
The MA&UD Minister said that Rs 20,146 crore were needed for all-round development of the city
and funds would be spent through the Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB), GHMC and Musi Development Corporation.
The Minister was holding discussions with banks and financial institutions to mobilise the necessary funds for the mega project. He said that Rs 6700 crore were needed for roads development, Rs 2,926 crore for water supply and Mission Bhagiratha, Rs 1,665 crore for Musi development, Rs 400 crore for LED lighting, Rs 230 crore for nalas expansion, Rs 8,225 crore for the double bedroom scheme.