Home 2017-06-19T04:47:07+00:00

ABOUT PMIDC

PMIDC is a non-profit making company constituted by the Department of Local   Government with an objective to uplift the living standard of urban population   including urban poor in the State of Punjab. The Company has been duly licensed   under   section 25 of the Companies Act and incorporated in March, 2009.

Chief Secretary is the Chairman and Principal Secretary, Local Government as its ex-  officio   Managing Director.

PMIDC manages the Punjab Municipal Infrastructure Development Fund (PMIDF) created   under Punjab Municipal Infrastructure Development Act, 2011, assigning 20%   of the   Additional Tax (surcharge) on VAT with objective to raise resources for infrastructure   development projects from the nationalized or schedule banks or   Financial Institutions for   providing financial assistance to the municipalities for the  infrastructure development   projects.

PMIDC has been declared as state level nodal agency for JNNURM, AMRUT, Smart   City, Swach Bharat Mission and is also co-ordinating some of the State level initiatives   of   the Department i.e. E-Governance, Energy Efficiency, Solid Waste   Management, World Bank   Project. It is intended to position PMIDC as a vehicle  for   large scale resource mobilisation   and also public private partnerships in urban sector.

PROJECTS

Important Links

More Links