Decks cleared for world-class convention centre in Capital

The government on Wednesday cleared the decks for construction of world-class exhibition-cum convention centre in the city at Dwarka by approving transfer of 89.72 hectares of land to the DIPP. The decision to give special directions to the DDA to transfer the land to the Department of Industrial Policy and Promotion (DIPP) for a nominal sum of Re 1 within six weeks was taken by the Union Cabinet chaired by Prime Minister Narendra Modi. 

“The Cabinet has given its approval for transfer of land measuring 89.72 hectares in Sector 25, Dwarka, New Delhi, free from all encumbrances, to the DIPP for creation of a world class state-of-the-art exhibition-cum Convention centre,” an official statement said. “This is a special case so that directions can be granted to DDA under...the Delhi Development Act, 1957” for transfer of land, it said adding the project is expected to generate spending of over Rs 2 lakh crore per annum after commissioning of the second phase of the project and is estimated to generate over 5 lakh employment opportunities.