Maha Govt to raise Rs 2 lakh cr by selling vacant land
19/08/2016 10:45
The debt-ridden Maharashtra government has decided to raise around Rs 2 lakh crore by selling unused land located at prime locations in the city and other parts of the state, said media reports. As per reports, a committee headed by D K Jain, Additional Chief Secretary (Finance) has been set up to take the decision of selling government land located at Aarey colony and in other parts across Maharashtra. A Government Resolution (GR) of the Finance department issued on August 16 by Jain said that the state was in need of Rs 80,000 crore to complete irrigation projects. As per reports, the construction of the proposed Nagpur-Mumbai Super Communication Highway will need at least Rs 20,000 crore to Rs 40,000 crore. As per the GR, Maharashtra will also need another Rs 40,000 crore for the up-gradation of existing state highways into national highways.
19/08/2016 10:45
