<div style="page-break-before:always; page-break-after:always">The much-hyped Basic Services to Urban Poor (BSUP) housing project in Kashimira launched by the Mira Bhayandar Municipal Corporation (MBMC) has yet again hit a roadblock, this time due to a financial crunch.The project has been marred by several technical and procedural delays, shattering the hopes of thousands of slum dwellers dreaming of getting homes for over a decade. After unsuccessfully exploring options to merge the project with the Pradhan Mantri Aawas Yojana, the cash-strapped MBMC had approached Mumbai Metropolitan Region Development Authority (MMRDA) to bail them out with a loan to complete the ill-fated project.The MMRDA complied and gave its nod to pump funds amounting to Rs 127 crore. However, the MBMC claims to have received only eight crores so far.On the other hand, dues to contractors have already mounted to Rs. 20 crore, which has severely impacted the speed of construction.&ldquo;We are closely monitoring the work which is being carried out at a satisfactory pace. It will be ensured that fund crunch does not hamper the project. We are hopeful of receiving the funds from MMRDA soon,&rdquo; said civic chief Dilip Dhole.

Fund crunch slows down MBMC's BSUP project

Mother Jones

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