The Union Cabinet, chaired by Prime Minister Narendra Modi, gave its approval for transfer on lease basis of 4.687 acres (instead of earlier approved 15.19 acres) of Defence land in perpetuity to the Kendriya Vidyalaya (KVS) for construction of school building and other related infrastructure required for proper functioning of KV No. 2, Sohna Road, Gurgaon.
The land is to be transferred on lease basis at a nominal rent of Rs 1 per annum (without any premium) and in terms of existing government policy on the subject, an official statement said.
The KVS will thereupon construct school building among others on the leased land as per their own specifications and at their own cost.
The school, with classes up to Class VIII, is presently functioning from a temporary building.
The transfer of land would enable the KVS to construct a new school building and associated infrastructure like laboratories, examination hall, auditorium, sports ground, among others required for expansion from Class VIII to Class XII.
This would provide a conducive environment for effective teaching and learning and increased educational opportunities for the children of both Defence personnel and civilians enrolled in the school.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
