You are here: Home » PTI Stories » National » News
Business Standard

Ambedkar memorial to fetch Rs 90 cr annually: MMRDA tells HC

Press Trust of India  |  Mumbai 

The Development Authority (MMRDA) told the on Tuesday that is likely to generate Rs 90 crore annually from the proposed memorial and in the metropolis.

A bench of and Justice N M Jamdar directed the MMRDA to file an affidavit detailing the state's plan to generate revenue and attract visitors to the project.

MMRDA's S B Talekar told the bench that the proposed memorial was not a "wasteful" project, as alleged in a public interest litigation filed in the high court.

Instead, the memorial will be "a major tourist attraction, and help earn the state a revenue of Rs 90 crore each year," Talekar said.

He was responding to a PIL filed by city-based activist Bhagvanji Raiyani, challenging the state government's decision to construct the memorial across a 125-acre mill plot in Dadar area.

The project is likely to cost around Rs 700 crore.

Raiyani sought directions from the court to restrain the from constructing the memorial which, it alleged, posed a "wasteful burden" on the state exchequer.

When the state was reeling under debt and farmers were dying every year because of drought, the government should stop spending money on memorials, the petitioner contended.

He sought directions from the court to allot the mill land to build amenities such as hospitals and education centres.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, March 12 2019. 19:40 IST
RECOMMENDED FOR YOU