In order to maintain biodiversity parks, wetland and green parks in Delhi, land owning agency have constituted an autonomous body, which will be known as “Biodiversity Mission and DDA Green”.
“A special Purpose Vehicle (SPV) is being created for futuristic development, operation and maintenance of all the DDA Greens,” said DDA official. DDA Vice Chairman Arun Goel and Emirate Professor , CR Babu will be member of committee , official said further.
The SPV shall be managed by a board of Directors (in total 15) with Chairman lieutenant-Governor Najeeb Jung. The Board of Directors shall be representatives from diverse professional backgrounds. The CEO will be appointed and shall be responsible for achieving the objectives of the strategic vision set by Board of Directors. “It is an autonomous, non-profit Section 8 Company formed under section 8 of Companies Act 2013 by DDA for implementation of the above mission and objectives. It is fully funded either in the form of endowment or annual grants or both by the DDA,” said the official.
A part from this, there are some modification also made in Delhi Urban Heritage Foundation.