Delayed start to Belagavi project
Belagavi, which was chosen for the implementation of Smart City project, is yet to start as there was a delay by the government to set up the Special Purpose Vehicle (SPV). Official sources in the Belagavi City Corporation told The…

Belagavi, which was chosen for the implementation of Smart City project, is yet to start as there was a delay by the government to set up the Special Purpose Vehicle (SPV).

Official sources in the Belagavi City Corporation told The Hindu that the process of setting up the SPV was underway and it could take another one to two months to complete.

The Centre had decided to implement the project through the SPV, which would plan, appraise, approve, release funds, implement, manage, operate, monitor and evaluate various projected taken up.

The government has appointed a full-time Chief Executive Officer for the SPV which will be a limited company and enjoy operational independence and autonomy in decision making and implementation of the project.

Related Articles

Related

Finding the right Due Diligence Tools

Choosing the best research tools for your enterprise can help reduce the time and effort you spend on exploration. These tools help you to get a better thought of a industry’s connections, financial performance, and legal record. They also allow you to identify a...

read more

TotalAV Antivirus Review

Designed with convenience in mind, TotalAV is a great antivirus collection that offers thorough Learn More Here protection against viruses, malware, malware, plus more. It features an straightforward user interface and a wide range of features to help shield your...

read more

The right way to Conduct a Board Gatherings Overview

During a table meetings overview, directors of a company discuss their latest efficiency, new business options and possible plans for you can actually future. The board also evaluates current and past strategies. The results is a strategy for you can actually growth....

read more

0 Comments

Submit a Comment

Your email address will not be published.

Share This