Government launches 1st phase of Smart Ganga City programme in 10 cities
Free Current Affairs to Your Email
Posted on:16 Aug 2016 09:26:04
16 August 2016 Current Affairs: The Union Government has launched the first phase of Smart Ganga City programme in 10 cities located along River Ganga. The first phase of programme was jointly launched by the Union Urban Development Minister M Venkaiah Naidu and Union Water Resources Minister Uma Bharti.
10 Cities/Towns are Haridwar, Rishikesh, Mathura, Varanasi, Kanpur, Allahabad, Lucknow, Patna, Sahibganj and Barrackpore. Under this programme, Sewage Treatment Plants (STPs) and improve drainage network will be set up on hybrid annuity mode on public private partnership basis.
In the hybrid annuity model, a part of capital investment (up to 40%) will be paid by Union Government through construction linked milestones.
The balance amount will come through an annuity over the contract duration up to 20 years to ensure operational longevity of STPs.
FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2017 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail