The NDMC on Wednesday signed a pact with the State Bank of India and Indian National Trust for Art and Cultural Heritage to restore buildings in Connaught Place, officials said.
As India holds the presidency of G20 countries for a year, this project will enable the New Delhi Municipal Council (NDMC) to showcase the unique heritage of New Delhi, they said.
The aim of the Memorandum of Undertaking is to ensure the conservation and restoration, including repair work and exterior painting work, of all buildings in the Outer and Inner Circles and radial roads of Connaught Place, officials said.
For the project, the SBI has agreed to provide financial support under its Corporate Social Responsibility scheme (CSR) while the NDMC will provide supervision and logistical and administrative support. The NDMC will also supervise the work carried out by INTACH to ensure the quality of work and government guidelines are adhered to.
The MoU was signed by representatives from the NDMC, SBI and INTACH in the presence of Amit Yadav, Chairperson, NDMC and Chief General Manager of SBI Kalpesh K. Avasia and Convener, INTACH Anita Singh at Palika Kendra.
The Ministry of Urban Development and the Heritage Conservation Committee have given the no-objection certificate for carrying out the work.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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
)