Noida Authority Allocated Rs. 9, 212 Crore Annual Budget for Financial Year 2014-15

News and Updates, Plan Map | By Rajkumar

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:

  1. Kalindi Kunj to Noida’s Botanical Garden.
  2. City Center to sector 62 towards NH-24.
  3. 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.

View More:
Noida Master Plan 2021
Noida Master Plan 2031
Greater Noida Master Plan 2021

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