Cabinet Clears Revised Jharia Master Plan with Rs 59.40 Bn Outlay

30 Jun 2025 CW Team

The Cabinet Committee on Economic Affairs has approved the Revised Jharia Master Plan (JMP), designed to address long-standing issues of underground fires, land subsidence, and the rehabilitation of affected families in the Jharia Coalfield. The total financial outlay for the revised plan is Rs 59.40 billion.

The plan follows a phased approach, prioritizing the most vulnerable sites for fire control, subsidence mitigation, and family resettlement. In addition to providing housing, the revised plan places strong emphasis on sustainable livelihood generation for displaced families.

As part of the rehabilitation measures, skill development programmes will be introduced to improve the employability of displaced individuals. Both Legal Title Holders (LTH) and Non-Legal Title Holders (Non-LTH) will be eligible for a Livelihood Grant of Rs 1 lakh and can access institutional credit support of up to Rs 3 lakh.

Infrastructure development is a key component of the plan, with provisions for roads, electricity, water supply, sewerage systems, schools, hospitals, skill development centres, and community halls at all resettlement sites. These components will be implemented based on the recommendations of the Committee for Implementation of the Revised Jharia Master Plan to ensure a comprehensive and humane resettlement process.

A Jharia Alternative Livelihoods Rehabilitation Fund will also be created to finance livelihood initiatives, and skill development will be carried out in collaboration with Multi-Skill Development Institutes in the region. These steps aim to promote self-reliance and long-term income generation for affected families, marking the revised JMP as a critical step toward sustainable socioeconomic development.

News source: DD News

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..