FINANCIAL PLANNING FOR THE EVENT
As per the initial studies total development and event management expenses would be in the range of Rs. 820 crores. Considering the large investment to be done in a phase wise manner, which will extend over a time span of 5 years the financial planning exercise have to consider the various sources available for the projected fund requirement. Financial planning would consider the following aspects:
 Development Scheduling and Fund Allocations
 Determining various sources of funds

Funding Options For Development
The funding for development will have to be determined based on the level of participation of the stakeholders. The major stakeholders shall be:

Funding
  Central Government
  State Government
  Municipal Corporation
  Gurudwara Board
  Sponsors/Donors
  NGO & other religious Bodies

Funding the Development Works
1. Government Participation: Central and State Government shall be the largest stakeholders in the development work. This will involve participation by way of equity. The central and state government can participate by way of 75: 25 ratio respectively

2. Private Sector Participation: Private sector participation could be sought for development projects that are revenue generating. These projects could be determined after the detailed techno viability analysis of the development projects. There is considerable scope for Road development, urban infrastructure development and sewerage for private sector participation. This approach would free the government development outlay to a greater extent so that it could be used in non-revenue generating projects.

3. NGO/Religious Participation: Various religious and other voluntary organizations could participate in the development process through syndication of finance by way of grants and donations. This section could participate in the Religious and event infrastructure development.

4. Gurudwara Board and other Management Committees: Certain Event related and religious infrastructure could be developed using the internal funds generated by these entities through donations and sponsorships The following table will elaborate on the financial participation of the various stakeholders in the development projects.

Gurudwara Development
 

Sector	Sub Sector		Fund Reqmnt   (Crores)	Central Govt. (%)	State Govt. (%)	NWCMC (%)	Religious Entities (%)	Private Sector (%)
Gurudwara Development		Master Planning	50	60	20	10	10	-
		Memorial Hall	10	-	-	-	100	-
		Repairs &resurfacing of approach roads	10	-	25	50	25	-
		Hospital Memorial	40	60	20	10	10	-
		River Bunds & Ghats	100	70	10	10	10	-
Total Outlay (in Crores)			210	124	30.5	24	31.5	-

Camp Development
 

Sector	Sub Sector		Fund Reqmnt   (Crores)	Central Govt. (%)	State Govt. (%)	NWCMC (%)	Religious Entities (%)	Private Sector (%)
Camp  Development		Land Acquisition and rental	20	75	25	-	-	-
		Camp Setup	125	60	20	15	5	-
		Camp Utilities	30	50	25	10	5	5
		Lungar Sheds	10	-	-	50	50	-
		Establishment	10	-	50	25	25	-
		Management System	10	-	50	25	15	10
		Disaster Management	10	75	25	-	-	-
Total Cost Outlay (in Crores)			215	112	50	31.7	16.75	2.5

City Development

Official website of the State Government of Maharashtra for the Gur-Ta-Gaddi event and development plan.