TN budget 2019-20: Rs 2,000 crore for parking management project

Chennai: A comprehensive integrated parking management project will be implemented for Chennai by creating underground parking facilities, multi-level parking and on-lane smart parking under PPP mode to accommodate two lakh four-wheelers and two lakh two-wheelers at a cost of Rs 2,000 crore, Deputy Chief Minister O. Panneerselvam has said.

Presenting the budget for 2019-20 fiscal in the Assembly on Friday, he said the TNIFMC (Tamil Nadu Infrastructure Fund Management Corporation) would provide necessary funding support. TNIFMC has so far mobilised Rs 1,925 crore and is funding projects like augmenting the capacity of hydel projects, commerce hub, tourism, roads, modernisation of bus depots, affordable housing, multi level parking infrastructure, etc. TNIFMC has secured commitment for mobilising Rs 2,500 crore in the coming years.

Formation of reservoirs
As it is important to take up long-term mitigation works in flood prone areas to prevent flood damage in future, as a special measure, the government would take up permanent flood mitigation works like formation of reservoir across Orathur tributary of Adyar river with inter-basin transfer canal for water supply augmentation and flood mitigation near Orathur village in Sriperumbudur taluk.  Regarding of lower Paravanar river and formation of a new flood diversion canal from Aruvalmooku stretch in Kurinjipadi taluk and construction of new flood regulator across Coleroon river near Perampattu in Chidambaram taluk; have also been proposed. Tail-end regulator across Upanaar river near Pitchavaram village in Chidambaram taluk will be constructed to arrest sea water intrusion and ten other works will be taken up at a total cost of Rs 284.70 crore in the coming year.

New subdivision at Thirumangalam in Madurai  
Mr Panneerselvam announced that a new sub-division would be created in 2019-2020 with headquarters at Thirumangalam in Madurai district to encompass three taluks viz., Thirumangalam, Kallikudi and Thiruparankundram.  
“This government is committed to providing public services at door steps. Since 2011, 79 new taluks have been created and 10 new sub-divisions have been formed. During 2018-2019 alone, the government has formed eight taluks. I am glad to mention here that the Hon'ble Chief Minister has announced the formation of a new district by bifurcating the Viluppuram district with headquarters at Kallakurichi,” Mr Panneerselvam added.