NewsID: 47 Author Muhammad Azhar, Public Relations Officer Dated 10 April 2012
Subject ADB team visits valley reviews preparedness of tranche-II projects
Rs 12 lakhs paid by JK ERA as compensation to shopkeepers of kabbadi/cheap market in lieu of income loss/shifting grant
Asian Development Bank team comprising of Mr Atsushi kaneko Senior Urban Development specialist ( ADB), Mr Ron Slangen Urban Development specialist(ADB) concluded its two day visit to valley to review the preparedness of tranche-II projects of JKUSDIP (Jammu and Kashmir Urban Sector Development Investment Programme) being executed by Jammu and Kashmir Economic Reconstruction Agency (JKERA) in the state.
In the meeting chaired by Shri Saurabh Bhagat, Chief Executive Officer, J&K ERA the team was briefed about the project preparedness of the major projects which are proposed to be taken up by J&K ERA under the tranche-II of the Asian Development Bank funded JKUSDIP.These include construction of Jehangir chowk-Natipora expressway corridor in Srinagar and construction of vikram chowk expressway corridor in Jammu. Besides construction of multilevel parking facility in Srinagar and some water supply and drainage projects in Jammu and Srinagar.
It was said that preparation of all preliminary project planning documents regarding these projects which are estimated to cost around Rs 800 crore (approx.) in total has been completed by J&K ERA and submitted to ADB. As part of rehabilitation measure the displaced shopkeepers of kabbadi/ cheap market have been paid compensation of Rs 12 lakhs in lieu of income loss and shifting grant. Besides that displaced shopkeepers of cheap/Kabbadi markets have also been rehabilitated in the shopping complex constructed by SMC in the nearby vicinity were these shopkeepers are presently undertaking their business in a normal manner.
Further JKPCC which has been allotted construction of rehabilitation complexes near Jehangir Chowk and Rambagh has been asked to ensure the completion of these as per stipulated timeframe for timely attainment of rehabilitation milestones.
The visiting ADB team expressed overall satisfaction with the progress achieved by J&K ERA on resettlement and other aspects of the project.
The meeting was also attended by Shri Khalid Muzaffar, Director Central, J&K ERA, Shri O.P Dubey Director Urban, J&K ERA, Mrs Shagufta Qazi, Director Finance, J&K ERA and other senior officers of J&K ERA and project support unit of Asian Development Bank.
Economic Reconstruction Agency 