Central Public Works Dept Witnesses Three-fold Increase in Budgetary Allocation in the 2020-21 budget.
The Central Public Works Dept, which is executing the Modi government’s ambitious Central Vista redevelopment project, witnessed a three-fold increase with an allocation of around Rs 3,000 crore in the Union Budget.
In the revised budget of 2019-20, the Central Public Works Department (CPWD), a prime construction agency of the Union government, had been given Rs 1,135.72 crore.
In the 2020-21 budget presented by Finance Minister Nirmala Sitharaman in Lok Sabha on Saturday, the agency has been given Rs 3,033.41 crore.
According to an official, the CPWD has estimated that the redevelopment of Central Vista will cost around Rs 12,879 crore.The redevelopment project of Central Vista envisages a triangular Parliament building next to the existing one, common Central Secretariat and the revamping of the three-km-long Rajpath, from Rashtrapati Bhavan till India Gate. (News inputs:PTI)
