The eight-member committee formed by Delhi Government will select five prominent markets for redevelopment as per announcement made by Deputy Chief Minister Manish Sisodia in Rozgar Budget for 2022-23. The committee will submit its report by May 20. According to officials, the committee will comprise representatives of School of Planning and Architecture (SPA), the Public Works Department (PWD) and Delhi Jal Board (DJB) besides two traders' association representatives.
It will be headed by chief project manager of Delhi Tourism and Transport Development Corporation (DTTDC).Brijesh Goyal, chairman of Chamber of Trade and Industry (CTI) and one of members of committee, said panel will have its first meeting on May 17. Earlier, the Delhi Government had invited applications from various market associations to select five markets under redevelopment plan. The last date for submitting online applications was May 6. "Fifty market associations had applied under market redevelopment plan that will be considered in selection process.
Only those markets that have submitted applications will be considered for selection under redevelopment project," Goyal said.
The online application sought details like approximate number of shops in market; unique products, shops, food hubs in the market; five key infrastructural issues in market; how market association can assist Government in market redevelopment. The retail market redevelopment project announced in Rozgar Budget 2022-23 last month in Assembly seeks to upgrade five selected markets from all over Delhi in phase-1. The Government has allocated Rs 100 crore for programme in 2022-23 financial year and creation of over 1.5 lakh job opportunities is estimated through the initiative.
The DTTDC is implementing redevelopment project. The Government aims to redesign, decongest and redevelop selected markets to create job opportunities by stimulating business activities there.