The former UPA government had sanctioned Information Technology and Investment Region (ITIR) Project to Hyderabad in 2013. The ambitious project was proposed with several thousands of crores of rupees in a bid to attract investments worth several lakhs of crores of rupees in the next two and half decades.
But neither the center nor the state governments have spent any money on the project. Center had earlier sanctioned 165 Crore for improvement of transportation in ITIR region but did not spend anything out of it. The state government estimated that 15000 Crore is necessary for for development of roads, sewerage, water supply, solid waste and electricity in the ITIR regions.
Center promised to found 3275 Crore for better connectivity and another 3,000 crore was promised for metro rail connectivity from Falaknuma to Shamshabad in future. But none of these are materialized. The state government had set aside 90 Crore in this budget for the preparation of the master plan but did not spend the amount.Follow Mirchi9 on Google NewsThis Week Releases on OTT – Check ‘Rating’ Filter
Hiring Content Writer: We are looking to hire a ‘Telugu’ content writer. Send your sample articles to [email protected]Don't MissInside Story: Who Prepared Pawan Kalyan's Speech?We media usually address Pawan Kalyan as Powerstar while writing film news and as Janasena...Don't MissVenkatesh And Rana Together For Netflix Web SeriesThe dream of Daggubati fans has finally come true as Rana and Venkatesh Daggubati are...Don't MissLove Story All set For Record-Breaking Openings!Love Story starring Naga Chaitanya and Sai Pallavi is undoubtedly the biggest Telugu release post...Don't MissList Of New Titles Premiering On OTT This WeekHere is the list of new titles premiering on top OTT platforms like Netflix, Amazon...Don't MissThree Different Targets For Love Story TrioNaga Chaitanya and Sai Pallavi starrer Love Story is all set to hit the silver...