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CHIEF MINISTER ASHOK CHAVAN CALLS FOR PROJECTS FUND ON WAR FOOTING

ashok-chavan-1Chief Minister Ashok Chavan held his first meeting at the war room set up in Mantralaya and held discussions on finalising a special fund for the development of infrastructure in the Mumbai Metropolitan Region. The first meeting at the war room set up in Mantralaya was held, headed by Chief Minister Ashok Chavan. According to senior officials at Mantralaya, the government resolution note for the special fund was being prepared and it would help in projects of the MMRDA, MSRDC, the BMC and the MHADA. This special fund has been discussed for several years and was first suggested by global consultant McKinsey five years ago while planning the transformation of the city and region. The fund would be ring-fenced so that it could not be used for any other purpose other than infrastructure in the region, said the officials. While no amount is being mentioned for the special fund as yet, it could easily run into several hundred crores. The money could be sourced from non-agricultural tax, stamp duty and development tax. The war room comprise of a place where the CM will meet important department heads every fortnight. He will be given all the information on the projects underway, will monitor their progress and suggest measures to remove the impediments. The CM expressed concern at some of the projects, which were delayed.

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