Delhi's 2041 master plan offers $ 100 bn opportunity

21 Sep 2023 CW Team

The think tank reported that the Delhi Master Plan 2041, which is still pending final government clearance, was expected to generate economic opportunities totalling $ 100 billion over the next two decades. According to the analysis by the think tank, Delhi Consortium, it was anticipated that the Delhi Master Plan would unlock real estate opportunities in 165 Delhi villages. This had the potential to raise Delhi's per capita income to Rs 0.4 million, marking a 47% increase from the Rs 02.72 million per capita income reported in the 2022-23 Economic Survey of Delhi.

The founder-director of the think tank, Ramesh Menon, pointed out that there was an urgent need for the approval of Delhi Master Plan 2041. He mentioned that the Delhi Land Reforms Act 1954 posed the largest obstacle to the planned development of Delhi. He also expressed concern about the discretionary use of the 1954 law by administrative officers in the revenue department, which did not instill confidence among stakeholders.

Also read:

MMRDA plans 350 sq km Town in Mumbai Harbour

Dwarka comes up with mega convention space, Yashobhoomi

Infrastructure Energy

19 Sep 2025

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..