Punjab gets funds for Sultanpur Lodhi project
28-September-2019
The central government has released the first advance instalment, amounting to Rs 27.11 crore, from its share of the funds earmarked for the Sultanpur Lodhi Smart City project, slated for launch on the historic occasion of the 550th birth anniversary celebrations of Guru Nanak Dev in November.
The estimated cost of the project, under the Smart Cities Mission, is Rs 271.11 crore, to be equally distributed between the government of India and the state government.
It is to be released in three instalments.
Chief Minister Amarinder Singh will launch a series of long-term development projects for the various towns and regions associated with the first Sikh guru during the mega celebrations.
The Sultanpur Lodhi Smart City development project is among the most prominent of these projects. The project is to be completed in a maximum of three years.
The state government had proposed the projects to the Centre, including the development of Sultanpur Lodhi, where Guru Nanak was believed to have spent most of his life, as a heritage city.IANS
IIM Grad and First-Generation Entrepreneur Anish Popli's ProcMart Secures Rs 250 Crore in Series B Funding
First Indian Space Tourist Talks Dreams and Inspiration Before Blue Origin Flight
Former MLA Rathod Bapu Rao Switches from BJP to Congress in Telangana
Zerodha Co-Founder Nikhil Kamath Launches 'WTFund' to Support Young Entrepreneurs
Firing At Salman Khan’s Mumbai Residence: Delhi Police Launch Probe