The World Bank has told the Chennai Corporation that its funding of the pedestrian plaza at T. Nagar is conditional. It has advised the civic body to complete a study on environment and the social impact of the proposed pedestrianisation project in that area.
The study by the Chennai Corporation is also expected to assess the impact of the project on ‘reducing extreme poverty’ and ‘promoting shared prosperity’.
The Rs.83-crore pedestrian plaza, part of the T. Nagar redevelopment proposal, had already been approved by the Corporation Council a few months ago. “Funding for the project will not be approved without a proper study of the social and environmental aspects of such an innovative urban infrastructure project,” said officials.
Work on commissioning the plaza with a commercial theme was expected to begin this month. But the requirement of a new study is likely to delay the project, they said. The plaza is likely to become operational by May next.
The levels of pollution caused by traffic diversions, the increased number of visitors to T. Nagar, the rise in garbage collection and heightened commercial activity will also be assessed. Displacement of hawkers and impact on their livelihood will be part of the study.