France, Germany to fund India's urban infra mission
Mint had earlier reported that KfW plans to finance India’s PM E-Bus Sewa scheme, which aims to introduce 10,000 electric buses in nearly 170 Indian cities. The scheme is expected to cost Rs. 57,613 crore with ₹20,000 crore being provided by the government.
“Under this scheme, city bus operations with 10,000 e-buses on Public Private Partnership (PPP) model will be done. This scheme will support bus operations for 10 years." union minister Anurag Thakur had said in August 2023. Queries mailed to AFD, KfW Bank and the Ministry of Housing and Urban Affairs were unanswered till the time of publishing this story.
Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0 was launched in October 2021 for five years -- FY22 to FY26 --to provide universal coverage of sewerage and septage management systems in 500 cities. By the end of FY23, the housing and urban affairs ministry had approved State Water Action Plans (SWAP) for 6,527 projects costing ₹1.29 trillion. Detailed project reports have been approved by states and union territories for 2,058 plans worth ₹36,481.47 crore.
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