MP to invest Rs 75,000 cr in urban infra

In a bid to serve its fast-growing urban population, the Madhya Pradesh government has planned to invest Rs 75,000 crore in urban infrastructure in the next four years, Chief Minister Shivraj Singh Chouhan said here on Wednesday.

Chouhan was in the city as part of a road show organised by CII, for the upcoming ‘Global Investors Summit-2016’ which is scheduled during October 22-23 in Indore. Elaborating on the capital to be invested, Chouhan said, “Major projects include smart cities mission (Rs 30,000 crore), Bhopal and Indore metro projects (Rs 15,000 crore), solid waste management project (Rs 10,000 crore), housing for all project (Rs 8,000 crore), and AMRUT (Atal Mission for Rejuvenation and Urban Transformation) project (Rs 4,000 crore).”

He said that Madhya Pradesh, which was a “sick state” ten years ago, is now zooming with an annual growth rate of 10%.