Gurugram: DTCP Approves ₹1,000 Crore EDC Payment for Infrastructure Funds Support Urban Development Projects; GMDA Receives ₹333 Crore
DTCP Approves ₹1,000 Crore EDC Payment for Infrastructure Development in Haryana
In a significant boost for urban development in Haryana, the Department of Town and Country Planning (DTCP) has approved a staggering ₹1,000 crore earmarked for the External Development Charges (EDC). This allocation is poised to enhance infrastructure and support various urban development projects across the state.
Allocation Breakdown: GMDA and Beyond
Among the beneficiaries, the Gurugram Metropolitan Development Authority (GMDA) is set to receive ₹333 crore. This funding is expected to expedite ongoing projects and initiate new ones, thereby improving connectivity and overall urban living standards in the region.
Impact on Urban Development Projects
The infusion of ₹1,000 crore into infrastructure development is not just a financial boost; it’s a commitment to creating a more sustainable and livable environment. With the rapid urbanization in Haryana, the importance of robust infrastructure cannot be overstated. This funding will aid in enhancing roads, public transport, and essential services that cater to the growing population.
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The Road Ahead
As the infrastructure projects kick off, residents can expect improved connectivity and enhanced living conditions. The ₹1,000 crore EDC payment is just the beginning, and with effective implementation, Haryana is set to become a model for urban development in India.
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