Delhi govt to re-develop five markets to make them ‘world class’: Kejriwal


The government will redevelop the Kamla Nagar, Khari Baoli, Lajpat Nagar, Sarojini Nagar and Kirti Nagar markets to make them “world class”, Chief Minister said on Monday.

This is in accordance with the announcement in government’s Rozgar Budget 2022-23 to create more job avenues.

“We have finalised the names of five markets to be redeveloped in the first phase. We have also listed out their USPs,” the chief minister said.

“Kamla Nagar, for instance, is a youth hangout zone, Khari Baoli is known for the best spices, Lajpat Nagar is a one-stop destination for wedding shopping, Sarojini Nagar is known for its street fashion while Kirti Nagar is a popular furniture and household decor market,” Kejriwal said, listing the markets chosen.

He added that there will be a design competition to finalise the redevelopment plan.

“The next step would be a design competition in which the country’s best designers and architects will participate. We will announce this design competition in the next six weeks. These markets will be redeveloped on the basis of best designs from the competition,” Kejriwal said.

However, he did not divulge the details and modalities of the competition.

The chief minister said the redevelopment will not only enhance footfall and business at these markets but will also help in generating employment.

He also said that in the redevelopment plan, roads of markets will be strengthened, sewer lines and water lines will be streamlined along with beautification of the markets.

On April 22, the government had given an advertisement inviting applications from market associations for redevelopment of markets. As many as 49 traders’ associations from 33 markets showed interest, he said.

“We had formed an eight-member selection committee that screened the applications and shortlisted nine markets out of which five were picked for the redevelopment,” Kejriwal said.

The selection committee had representatives from the School of Planning and Architecture, Public Works Department, Jal Board and two traders’ associations, he said.

The panel was headed by the chief project manager of Delhi Tourism and Transport Development Corporation.

According to the Delhi government, Rs 100 crore has been allocated for the programme in the 2022-23 financial year and it is estimated that 1.5 lakh job opportunities would be created through the initiative.

The government aims to redesign, decongest and redevelop the selected markets to create job opportunities by stimulating business activities there.

(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


Source link

Comments are closed.