The Gwalior Development Authority (GDA) has presented its Budget with estimated figures of income and expenditure. In the budget a net profit of Rs 3,46,23000 has been shown. The GDA made provisions for several development projects in the budget.
The board of directors of GDA meeting was held under the chairmanship of Divisional Commissioner KK Khare in which an income of Rs 372.81 crore has been shown in various scheme while an expenditure of Rs 369.35 crore was shown. In the next year many new housing and professional schemes would be implemented.
In the meeting collector P Narhari, DFO Atul Khera, in charge CEO VK Sharma and other officers were present. For the schemes a contract with land owners for acquisition of land would be made in which the GDA has said that 50 % of the development of land would be allotted to the land owner and its contract would be made with the land owner.
The proposed schemes include a provision of estimated budget of Rs 129.10 cr for Atal housing scheme for weaker sections of Jadeuria Morar. Duplex housing and lIG and MIG apartment for economically weaker section on Sachin Tendulkar Marg, Anil Bhatia housing premises in Shatabadipuram, Bhan Shab enclave scheme, duplex houses in Jadauria under Rajmata Scindia scheme KushaBhau Thaker north South link road scheme and Narian Krishna Shejwalkar scheme in Gola Ka Mandir.