TIL Desk/National/New Delhi/ Delhi Chief Minister Arvind Kejriwal announced on Wednesday that the government will bear 90 per cent of the cost to transform all 26 non-conforming industrial areas in the city into conforming industrial areas, with the remaining 10 per cent to be contributed by the industries themselves.
This redevelopment initiative is expected to generate six lakh jobs. Kejriwal emphasised the significance of this project for the growth and progress of Delhi’s industrial sector. Once the transformation is complete, these areas will be granted the coveted conforming area status, providing a conducive environment for businesses to thrive, a statement said.
During a high-level meeting, the chief minister and officials discussed the progress made so far, identified challenges, and devised strategies to expedite the redevelopment process.
The meeting also shed light on the reasons behind the existence of non-conforming industrial areas. Due to the inability of the Delhi Development Authority (DDA) to keep pace with the city’s development, unauthorized colonies emerged, leading to the utilization of residential land for industrial purposes. This resulted in the creation of non-conforming industrial areas, officials said.
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