Lok Sabha Question No. 196 (UNSTARRED), answered on 2023-07-20
Subject: Credit Rating of Cities
Ministry: HOUSING AND URBAN AFFAIRS
Asked by: Behanan Benny

## GOVERNMENT OF INDIA

## MINISTRY OF HOUSING AND URBAN AFFAIRS LOK SABHA

## UNSTARRED QUESTION NO. 196

## TO BE ANSWERED ON JULY 20, 2023

## CREDIT RATING OF CITIES

- NO. 196. SHRI BENNY BEHANAN:

Will the Minister of HOUSING AND URBAN AFFAIRS be pleased to state:

- (a) the average credit rating calculated for urban cities as per the reforms under AMRUT;
- (b) the reasons for the integration of Central and State implementation in the working of the AMRUT  scheme  along with the details of responsibility structure;
- (c) the  progress  made  in  water  connectivity  under  the  AMRUT  Scheme during the last three years; and
- (d) whether  the  Government  has  any  explanation  for  the  substantial difference in funding ratios between the completed 4,676 projects worth INR  32,793  crores  under  the  AMRUT  scheme  and  the  1,197  projects worth INR 49,430 crores that are at various stages of implementation, considering  the  significantly  smaller  number  of  projects  in  the  latter category and if so, the details thereof?

## ANSWER

## THE MINISTER OF STATE IN THE MINISTRY OF HOUSING AND URBAN AFFAIRS (SHRI KAUSHAL KISHORE)

- (a):      Under  Atal  Mission  Rejuvenation  and  Urban  Transformation  (AMRUT) Reforms, Credit rating work for 485 cities have been awarded and completed in 470 cities. Out of 470 cities, 164 cities have received Investible Grade Rating (IGR), including 36 cities with rating of A- or above, spread across 12 States/ UTs and 306 cities received Non- Investible Grade Rating (Non-IGR). The details of grade-wise no. of cities are at ANNEXURE.

(b): Sanitation, water supply and urban development are State subjects. The Central Government, through various program interventions including AMRUT, supplements  the  efforts  of  State/  Union  Territories  (UTs)  in  improving  these facilities. The objective of empowering of States integration of central and State implementation in the working of the scheme like AMRUT have been done in which the centre only approves the State Annual Action Plans (SAAPs) while the States develop, appraise, approve, award and execute the projects.

(c): During  the  last  three  years,  since  01  July  2020,  93  lakh  water  tap connections have been provided/ serviced under AMRUT Mission and Convergence in 500 AMRUT cities.

(d): 4,676 projects comprise large number of smaller projects worth less than ₹30 crore while 1,197 projects comprise bigger size of projects. In ongoing 916 projects about 77% of work has been physically completed.

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ANNEXURE REFERRED TO IN REPLY TO PART (a) OF UNSTARRED QUESTION NO. 196 REGARDING 'CREDIT RATING OF CITIES', DUE FOR ANSWER IN THE LOK SABHA ON 20 JULY, 2023.

Grade-wise no. of cities for which credit rating has been completed

| S.No.   | Credit rating   |   No. of cities |
|---------|-----------------|-----------------|
| 1       | A               |               6 |
| 2       | A-              |               9 |
| 3       | A+              |               7 |
| 4       | AA              |               3 |
| 5       | AA-             |               4 |
| 6       | AA+             |               4 |
| 7       | AAA             |               3 |
| 8       | B               |              11 |
| 9       | B-              |               1 |
| 10      | B+              |              38 |
| 11      | BB              |             110 |
| 12      | BB-             |              92 |
| 13      | BB+             |              52 |
| 14      | BBB             |              46 |
| 15      | BBB-            |              59 |
| 16      | BBB+            |              23 |
| 17      | D               |               2 |
| Total   | Total           |             470 |