Bengal to have state's Urban Development Policy for 1st time

Image
Press Trust of India Kolkata
Last Updated : Aug 05 2014 | 10:06 PM IST
For the first time, the West Bengal government has prepared a state Urban Development Policy having got nod from the Cabinet Standing Committee on Infrastructure today.
"Such a policy was a strong requirement to cope with growing urbanisation," state's Urban Development Minister Firhad Hakim said here today announcing the government decision after the cabinet meeting.
Elaborating the policy, Finance Minister and Chairman of a Group of Minister (GoM) Amit Mitra said the benefits of living in a metro city would accrue to a large number of people by providing scope of raising floor-space of existing buildings under several conditions and boost government revenues in the process.
"The state government has taken this bold step to accommodate more people in the metropolis to meet the requirement of growing urbanisation," Mitra said.
He said that the growth of urban population in the state was 31 per cent from the year 2001 to 2011, which was against 27 per cent growth of national average.
Giving some examples, Mitra said that in case of 'green buildings' (as defined nationally or globally), ten per cent rise in floor space would be allowed by the government.
Similarly 100 per cent increase in floor space would be allowed in a building having tenants partly or fully or in case of new construction coming up over a dilapidated building, Mitra said adding that the rights of the tenants has to be preserved.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 05 2014 | 10:06 PM IST

Next Story