If this is true then it is great news. Following is an excerpt on this from Pioneer.

Cuttack has been included in the Jawaharlal Nehru National Urban Renewal Mission, and a notification to this effect would be published soon by the Central Government, said Leader of the Opposition in the State Assembly, JB Patnaik on Thursday.

Initially, the scheme included Bhubaneswar and Puri among a total 63 cities across the country for their overall development, and the Prime Minister had been requested to include Cuttack in the list, which has been acceded to, said Patnaik.

Sources said that Cuttack would get Rs 2,000 crore for its development under the scheme out of which the Central Government would bear 80 per cent whereas the State Government and the Cuttack Municipal Corporation would meet the remaining 10 per cent each.