Government spent Rs 238 cr on the new parliament building
ECONOMY & POLICY

Government spent Rs 238 cr on the new parliament building

The government has spent Rs 238 crore on a new Parliament building and Rs 63 crore on the Centre Vista Avenue construction, cites Lok Sabha.

Minister of State for Housing and Urban Affairs Kaushal Kishore informed the media that works on a new parliament building, estimated to cost Rs 971 crore, is underway and will be finished by October 2022.

He also informed that the redevelopment of Central Vista Avenue, which runs from Rashtrapati Bhavan to India Gate, will cost Rs 608 crore and take until November to complete.

The anticipated costs for these two projects for fiscal year 2022 are Rs 1,289 crore.

In response to another query, the minister clarified that the details of rental premises or area-wise hired by various establishments of the government, as well as the expense incurred on those private rental premises since the beginning of the lease agreement, are not kept centrally.

The government had previously stated that the current Central Vista redevelopment project, which includes the construction of ten new Secretariat buildings, will save the government Rs 1,000 crore in rent.

A new triangular parliament building, a common central secretariat, a 3 km long Rajpath from Rashtrapati Bhavan to India Gate, a new prime minister house and the Prime Minister Office (PMO), and a new Vice President Enclave are all part of the Central Vista reconstruction project.

Image Source


Also read: Central Vista project to continue amid second wave of Covid-19

Also read: Central Vista redevelopment: Govt to develop defence enclave

The government has spent Rs 238 crore on a new Parliament building and Rs 63 crore on the Centre Vista Avenue construction, cites Lok Sabha. Minister of State for Housing and Urban Affairs Kaushal Kishore informed the media that works on a new parliament building, estimated to cost Rs 971 crore, is underway and will be finished by October 2022. He also informed that the redevelopment of Central Vista Avenue, which runs from Rashtrapati Bhavan to India Gate, will cost Rs 608 crore and take until November to complete. The anticipated costs for these two projects for fiscal year 2022 are Rs 1,289 crore. In response to another query, the minister clarified that the details of rental premises or area-wise hired by various establishments of the government, as well as the expense incurred on those private rental premises since the beginning of the lease agreement, are not kept centrally. The government had previously stated that the current Central Vista redevelopment project, which includes the construction of ten new Secretariat buildings, will save the government Rs 1,000 crore in rent. A new triangular parliament building, a common central secretariat, a 3 km long Rajpath from Rashtrapati Bhavan to India Gate, a new prime minister house and the Prime Minister Office (PMO), and a new Vice President Enclave are all part of the Central Vista reconstruction project. Image SourceAlso read: Central Vista project to continue amid second wave of Covid-19 Also read: Central Vista redevelopment: Govt to develop defence enclave

Next Story
Equipment

Godrej Material Handling Leads East India with 21% Market Share

The Material Handling business of Godrej & Boyce, a part of Godrej Enterprises Group, is powering industrial growth in Eastern India marking over 60 per cent Y-o-Y growth in the Jamshedpur region for FY25. Solidifying its market leadership, the business commands a dominant 21 per cent market share in the Eastern region, serving as a crucial enabler for the region’s manufacturing sector. At the Indomach Expo in Jamshedpur, the business is showcasing its next-generation forklift to meet evolving needs of Eastern India’s industrial corridor. Jamshedpur, Eastern India’s industrial po..

Next Story
Equipment

Mecbo America Launches Scorpion Concrete Crawler Boom

Mecbo America, a division of Blastcrete Equipment LLC, brings a new product to its lineup: the Scorpion Concrete Crawler Boom. The Scorpion provides contractors working in piling, drilling, tunnelling or commercial construction with a flexible arm for placing concrete where needed without disrupting the jobsite. It is an economical enhancement for contractors who have a concrete pump but need an effective way to deftly move material to spots that are difficult or unsafe to reach using other methods.“As concrete contractors grow and the scope of their work changes, many recognize the need for..

Next Story
Infrastructure Urban

REC Flags off Mobile Medical Units Funded in Punjab

REC Limited, a Maharatna CPSE under the Ministry of Power and a leading NBFC, under its flagship CSR initiative Mobile Medical Units has committed Rs 42.9 million for the procurement and deployment of four Mobile Medical Units (MMUs) in 4 districts of Punjab. These units, handed over to the Indian Red Cross Society, Punjab, were flagged off by Hon’ble Governor Shri Gulab Chand Kataria Ji at Punjab Raj Bhawan.Serving as a lifeline for deprived communities, the MMUs will provide essential healthcare across four districts. REC Foundation continues to expand its CSR footprint, with various Mobil..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?