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Maha drafts plan to monetize govt land for bankrolling- Property News
Posted
August 19, 2016
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62
August 19, 2016
62
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5:20Now PlayingTaking a cue from the Chinese development model, the Fadnavis government has drafted an ambitious but controversial plan to monetize government land for bankrolling work on ongoing irrigation and infrastructure projects.
The state hopes to mobilize up to Rs 2 lakh crore to meet expenditure on widening the Mumbai-Nagpur expressway, building dams for irrigation, strengthening state highways and reducing power transmission losses from 14% to 8%.
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