Scheme of Infrastructural Development in Mega Cities

A centrally sponsored programme was started in 1993-94 in five Mega cities of Mumbai, Chennai, Kolkata, Hyderabad and Bangalore for infrastructural development.
This programme was started on the demand of the State Governments to solve the problems of the Mega cities which resulted due to migration of the people from other places.
This programme which is administered by the Urban Development Ministry is being implemented with three categories of projects :
(i) Remunerative project.
(ii) User charge based projects.
(iii) Basic service projects.
Under this programme, 25% of expenditure is provided by the central government, 25% by the concerned state and the remaining 50% is fin an ced either by the institutional finance or by the capital market.
The financial institutions provide projectwise financial assistance for water supply, seewages, drains, urban transport, land development and for improving the dirty suburbs, but no financial assistance is provided for health, education and electricity.