PM assures infrastructure push for Mumbai

Mumbaikars can look forward to funding and speedy execution of key infrastructure projects with Prime Minister Manmohan Singh promising to include "iconic projects" under the 12th Five Year Plan.

The Union government plans to launch the second phase of its flagship programme Jawaharlal Nehru National Urban Renewal Mission (JNNURM) aimed at boosting infrastructure facilities in urban pockets of the country. The 12th Five Year Plan is being drafted with growth rate pegged at 9.5 per cent. Government has a target of infrastructure investment worth almost a trillion US dollars.

The PM was in Mumbai for an award function, where he spoke on how "ramping up of investment in infrastructure is critical for reviving the growth momentum". About 50 per cent of the investment needed in infrastructure has to come from the private sector.

"We have set ambitious targets for the infrastructure sector and ministries are being monitored regularly to see that they perform as expected. Iconic projects are being taken up, including an elevated rail corridor in Mumbai. A new airport in Navi Mumbai. We are also looking to implement important urban projects, including Mumbai Trans-Harbour Link (MTHL) while launching a JNURM-2 in the l2th Plan," said Singh.

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