100 crore a year ...

HT Estates - - HT­ES­TATES -

an im­pact on the en­tire city fab­ric and the cit­i­zens, Bhatt says.

Most of the cities se­lected in the first round were those which­have had a good track record in the ex­e­cu­tion of the JnNURM scheme, the non-JnNURM cities have strug­gled to com­pete and win. In­ter­est­ingly, Kar­nal is also a non-JnNURM city. About Gur­gaon, Noida and Greater Noida not mak­ing the cut, ex­perts say that a huge amount of money can in any case be pumped by the pri­vate sec­tor for their de­vel­op­ment; and these cities can de­velop on their own be­cause of their ac­cess to pri­vate cap­i­tal. The state and Cen­tral gov­ern­ments should, there­fore, con­cen­trate on lend­ing a help­ing hand to cities with­out the ca­pac­ity to gen­er­ate pri­vate cap­i­tal.

The list­ing of cities has been done by the re­spec­tive state gov­ern­ments and the scheme at­tempts to take care of the ba­sics first, such as re­quire­ment of pan city so­lu­tions, wa­ter and power sup­ply, pro­vide for renewable energy op­tions etc, says Ja­gan Shah, di­rec­tor, Na­tional In­sti­tute of Urban Af­fairs.

Also, the fact that some cities have been se­lected and oth­ers such as Gur­gaon, Noida, Greater Noida have not does not mean that they can­not make

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