Hindustan Times-UP approves ₹4164 cr seed capital for urban expansion
The UP cabinet on Friday approved seed capital of ₹4164.16 crore under 14 government schemes to nine development authorities, including the LDA and the UP Housing Development Board, for urban expansion. This would help towards well planned development of urban areas and provide housing facilities to the urban population.
Chief minister Yogi Adityanath presided over the meeting of the state cabinet that approved the proposal to enable the development authorities meet 50% of the land acquisition cost from the seed capital to be given to them for 20 years.
