#RealtyNewsRoundUp: To Decongest Delhi, Centre To Spend Rs 31,930 Cr

Major projects entailing an investment of Rs 31,930 crore are in the pipeline to decongest the national capital, including the development of the Dwarka Expressway at a cost of Rs 6,000 crore, Union minister Nitin Gadkari has said. The initiatives, some of which were progressing fast, were in line with the Central government's vision to ensure seamless flow of traffic in the National Capital Region (NCR), besides minimising vehicular pollution, Road Transport and Highways Minister Gadkari said on January 7.

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Finance Minister Arun Jaitley on January 6 said the resilience of the country's banking system was under test, and banks must restore their credibility and work for the society as taxpayers were making sacrifices to keep them afloat. Jaitley said it was taxpayers' money which was being infused into the ailing banking system and now the responsibility was on the sector to improve health to help in pushing towards a robust economy.

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The Haryana government framed a rehabilitation policy for people living in slums on government land in urban areas of the state, an official statement said on January 8. Chief Minister Manohar Lal Khattar has approved the slum-in-situ policy, which states that the government would allot houses to people living in urban areas by developing colonies under a PPP (public-private partnership) model. The policy would apply to the slums identified under the Pradhan Mantri Awas Yojana survey.

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The Delhi Pollution Control Committee (DPCC) has accused civic authorities of allowing industries to operate in residential areas of the national capital without mandatory clearances. It has now issued a notification, barring them from granting any licences or water and power connections to industrial units, in residential as well as approved areas, not having the 'Consent to Establish' from the environment department.

Source: Media reports