Noida Authority on Wednesday approved annual budget of Rupees 9, 212 Crore for the financial year 2014-15.
Along with this, the two other industrial development authorities Greater Noida and Yamuna Expressway also allocated with some hefty amount for infrastructure development. Below are the figures of budget allocation
| Total Budget | Rs. 19, 649 crore |
|---|---|
| Noida Authority | Rs. 9, 212 crore |
| Greater Noida Authority | Rs. 7, 011.37 crore |
| Yamuna Expressway Industrial Development Authority | Rs. 3426 crore |
According to Rama Raman chairman of three industrial authorities – Noida, the top priorities this financial year would be
- Extending metro connectivity further deep into Noida, and Greater Noida.
- To build new bridge across Yamuna Improving connectivity between Noida and Delhi.
- Special emphasis on new infrastructure projects fund allocation.
Three authorities plans to mark the year 2014 as the ‘Infrastructure Development Year’ according to the official sources.
Noida Authority will spend Rs. 1, 500 crore on following three metro projects:
- Kalindi Kunj to Noida’s Botanical Garden.
- City Center to sector 62 towards NH-24.
- City Center to Noida Extension.
Following is the budget allocation by Noida Authority
| Total Budget | Rs. 9, 212 crore |
|---|---|
| Infrastructure and construction | Rs. 5, 009 crore |
| 3 metro projects | Rs. 1500 crore |
| Building 2 new power sub-stations | Rs. 500 crore |
| Upgrading policing infrastructure | Rs. 250 crore |
| Water and sewage network maintenance | Rs. 600 crore |
| Six storey multi-level car parking in sector 18 | Rs. 200 core |
| Elevated road and underpass projects | Rs. 200 crore |
| Road strengthening | Rs. 300 crore |
| Village development | Rs. 250 crore |
| Yamuna bridge project | Rs. 50 crore |
| Bus terminal in sector 144 | Rs. 50 crore |
| Ganga water project | Rs. 100 crore |
| Recreational facilities development | Rs. 100 crore |
| Slum development | Rs. 50 crore |
| Traffic improvement | Rs. 85 crore |
| Sports stadium development | Rs. 50 crore |
| Urban heath facilities development | Rs. 1100 crore |
While according to the officials, work on a multi-level parking project in sector 18, hospital building in sector 39, city center underpass and girls degree college in sector 51 is in full swing and is expected to complete soon.
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