March 2, 2024: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman virtually launched seven infrastructure projects worth over Rs 1,000 crore from New Delhi on March 1.
In her address on the occasion, Sitharaman said that it was important to ensure that projects planned and completed without delays and the department concerned should ensure that construction begins on time and that the projects are completed within the given time frame. The FM also said that the projects like these renew confidence and boosts morale of the officials that the government continues to provide for their welfare and well-being.
Sitharaman further exhorted the officials to perform their duties diligently towards nation-building.
In his address on the occasion, Nitin Gupta, chairman, CBDT, said that the new buildings would be state-of-the-art and modern as per the green building norms and conform to the latest GRIHA-3 parameters (Green Rating for Integrated Habitat Assessment). They will also have common facilities like shops, control room for CCTV & security, community hall, yoga/gym/fitness centre and recreational room, etc. The building complex will be equipped with EV charging points, solar power plant, sewage treatment plant, rainwater harvesting, green area for children and elders.
In his address on the occasion, Sanjay Kumar Agarwal, chairman, CBIC, said that the CITRA Heights residential campus being inaugurated today was one of the tallest and landmark buildings in Dwarka, New Delhi, and the project is located at one of the most preferred locations in Delhi, near the IGI Airport. Giving more details about the project, Agarwal said that the project is spread over 17,800 sqaure metre and will cater to the accommodation needs of the officers of CBIC stationed at Delhi.
The FM laid the foundation stone for the construction of the Departmental Residential Complex comprising 198 quarters of Type-II and III for the officials of Income Tax Department, at Sector-28, Faridabad, Haryana, providing housing units for the officials of the department.
Sitharaman also laid the foundation stone of the residential complex at Sector-53, Gurugram, comprising 214 quarters of Type-II to VI for providing adequate residential houses for the officers and officials of the Income Tax Department.
She inaugurated the Departmental Residential Complex comprising 256 quarters of Type-IV, V and VI, for the officers of CBIC at Sector-9, Dwarka, New Delhi, providing for adequate residential houses for the middle and senior level officers of the Department.
The FM alo inaugurated State Bank of India’s new local head office building, Life Insurance Corporation of India’s International Business Centre building and Canara Bank’s IFSC Banking Unit at GIFT City, Gandhinagar, Gujarat, followed by the inauguration of the new head office building of United India Insurance Company in Chennai. These infrastructure initiatives will give a fillip to business activities in GIFT City and provide a state-of-the art headquarters building for United India Insurance Company for providing better customer services.
(Featured images sourced from the official Twitter handle of FM Nirmala Sitharaman)
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An alumna of the Indian Institute of Mass Communication, Dhenkanal, Sunita Mishra brings over 16 years of expertise to the fields of legal matters, financial insights, and property market trends. Recognised for her ability to elucidate complex topics, her articles serve as a go-to resource for home buyers navigating intricate subjects. Through her extensive career, she has been associated with esteemed organisations like the Financial Express, Hindustan Times, Network18, All India Radio, and Business Standard.
In addition to her professional accomplishments, Sunita holds an MA degree in Sanskrit, with a specialisation in Indian Philosophy, from Delhi University. Outside of her work schedule, she likes to unwind by practising Yoga, and pursues her passion for travel.
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