You are here: Home » Economy & Policy » News
Govt takes PLIs back to the drawing board amid critical challenges
Business Standard

Maharashtra govt to invite fresh bids for Dharavi redevelopment project

The redevelopment of Dharavi, one of the biggest slums in Asia, throws open over 600 acres of prime land, but the project has met with hurdles over the last two decades.

Topics
Maharashtra | Dharavi | Eknath Shinde

Press Trust of India  |  Mumbai 



Dharavi, slum, coronavirus
This decision taken by the cabinet headed by Chief Minister Eknath Shinde for the Dharavi Redevelopment project also entails formation of a Special Purpose Vehicle (SPV) for one of the major infrastructure projects in the city.

The cabinet on Wednesday decided to invite fresh bids for the Redevelopment project and offer additional benefits for the project, a statement said.

This decision taken by the cabinet headed by Chief Minister for the Redevelopment project also entails formation of a Special Purpose Vehicle (SPV) for one of the major infrastructure projects in the city.

This will also include the terms and conditions laid down by the Rail Land Development Authority, it said.

The statement said the concession has been offered looking at the overall slowdown in the market compounded with COVID-19 pandemic.

The redevelopment of Dharavi, one of the biggest slums in Asia, throws open over 600 acres of prime land, but the project has met with hurdles over the last two decades.

(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.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.


We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, September 21 2022. 19:31 IST

RECOMMENDED FOR YOU

.