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TNSCB earmarks funds for slum rehabilitation

Wednesday, 29 Jul 2009
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The Tamil Nadu Slum Clearance Board (TNSCB) has chalked out a capex plan of Rs 7,500 crore for constructing new tenements and houses for people living in slums.

TNSCB has reportedly taken up construction of 88,679 tenements at a cost of around Rs 3,000 crore between 2006 and 2011. Similarly, under the JNNURM, the board is expected to construct 35,270 tenements as integrated townships in Chennai, Madurai and Coimbatore at a total cost of Rs 1,208.55 crore.

Among others, a Rs 590.72 crore project, with the help of the World Bank, is scheduled to be ready by March 31, 2010.

TNSCB has been appointed as the agency to implement the rehabilitation and resettlement component of the Elevated Expressway programme under which new houses for 14,000 families are to be constructed at a cost of Rs 560 crore.

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