According to the official news released the Cabinet has approved the master plan for Greater Ranchi and that the corpus fund of the Greater Ranchi Development Authority (GRDA) was increased to Rs 500 crore from the existing Rs 50 crore.
Urban development secretary Arun Kumar Singh, while talking to reporters, said the blueprint proposes the acquisition of 652 sq km of land, including 184 villages under the Ranchi Regional Development Authority (RRDA).
“The proposed road widening programmes will ensure that people are not displaced,” said Singh, adding that a meeting has been convened for drafting the state housing policy for developing low-cost houses for underprivileged families.
The state cabinet also approved a tripartite agreement between the Centre, state government and Jharkhand Discom under the Ujwal Discom Assurance Yojana (UDAY). The arrangement will enable the state discom to waive off 60% of its payment surcharge to power distribution companies like Damodar Valley Corporation (DVC) and Coal India Limited, which currently stands at Rs 2,200 crore.