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Noida hikes budget by Rs 900 crore, releases funds for Jewar airport


NOIDA : The Noida Authority on Friday introduced the cheap of over Rs five,800 crore, around Rs 900 crore more than closing 12 months’s allocation, with a thrust on infrastructure development.

The allocation of Rs five,827 crore for the following financial 12 months, got here in the Noida Authority’s 196th board assembly, the closing prior to the Lok Sabha elections. The board also revised the current financial 12 months’s price range of Rs 4,350.11 crore to Rs 4,900 crore.




Apart from giving its percentage of Rs 1,069.50 crore for the Jewar airport challenge in its price range, the Authority allotted Rs 1,423.51 crore for various infra initiatives that it intends to deliver by way of September 30.

“These initiatives come with widening of bridge over Shahdara drain from Sector 14 to Sector 14A, underground parking slots in Film City Sector 16A and sectors 1, three and five, and multi-purpose indoor stadium in Sector 21A,” mentioned Rajeev Tyagi, basic manager of Noida Authority.

For civil engineering paintings like development and maintenance of bridges, underpasses, increased roads and drains, Rs 1,474.67 crore was set aside by way of the Noida Authority.

While no resolution was taken on floor-wise registry of homes, defaulting developers have been given a significant aid. They can now clear their dues to the Authority by way of May below the re-schedulement scheme. Under this amnesty scheme, a builder can deposit 10% (if the land dues is Rs 500 crore or extra) of the dues and get occupancy certificates.

For residential sectors, the Authority, in its board assembly, agreed to give 50% subsidy on energy expenses for working compost machines for the primary 12 months and 25% for the second 12 months.

In addition to these, Rs 51 crore has been assigned for good visitors control device, Rs 251 crore for sanitation paintings, Rs 251.45 crore for well being, Rs 431.13 crore for water, Rs 429.65 crore for electric paintings, and Rs 34 crore for circle-wise repairs.

The Noida Authority board also took up the farmers’ land issues in its assembly and made up our minds to put their demand prior to the state govt for attention.

The Supreme Court had in May 2015 upheld a 2011 order of the Allahabad top court docket directing the Authority to distribute 10% of advanced plots in lieu of land acquired from farmers for urbanisation and pay them 64.7% further reimbursement. While GNIDA has already authorised the verdict, Noida is yet to take a call.


The Authority’s resolution to provide their land reimbursement issue prior to the state govt brought on farmers to call off their 18-day protest in Sector 6. “We are happy with the Authority’s assurance. Following talks with Noida Authority, we called off our protest late on Friday night time,” farmers’ chief Sukhveer Singh Pahalwan advised TOI.


“The assembly with the protesting farmers ended on a positive note as in conjunction with the district administration now we have been persuading them for a discussion because the first day in their protest,” mentioned Rajesh Kumar Singh, OSD to Noida Authority.


Moreover, the board also made up our minds to return eight,500 sq. land to farmers of Hazratpur, Wajidpur, Azgarpur Jagir and Jhatta villages. “A gathering to this impact was held earlier with further CEO RK Mishra as well as the district Justice of the Peace,” mentioned Singh.




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