Rekha Gupta Unveils Rs 40-Billion Plan for Delhi’s Future
ECONOMY & POLICY

Rekha Gupta Unveils Rs 40-Billion Plan for Delhi’s Future

Delhi Chief Minister Rekha Gupta on Wednesday announced a massive Rs 40-billion (Rs 4,000 crore) development push for the national capital, laying out a long-term, 100-year vision to transform the city into a future-ready and sustainable hub.

Speaking at the 120th anniversary celebration of the PHD Chamber of Commerce and Industry (PHDCCI), Gupta called for stronger collaboration between the government and the business community. “I hope that the people of PHDCCI will work together with the Delhi government, which will lead to revenue generation in Delhi and create more employment opportunities,” she said.

The chief minister outlined broad focus areas such as cleaning the Yamuna, improving education, health, tourism, and transportation. “We aim to transform the old image of Delhi and build the city from scratch,” she added.

As part of this infrastructure drive, Gupta also announced that the Delhi Jal Board (DJB) has approved water-related projects worth Rs 30 billion (Rs 3,000 crore).

Acknowledging the hurdles faced by Delhi’s business ecosystem, Gupta — who hails from a business family — said that industrialists are often held back by administrative red tape, outdated policies, and poor infrastructure. “Business investments depend on these three factors. If they are in place, industries come. If not, they leave,” she said, urging reforms to make the capital business-friendly.

Reiterating her long-term planning approach, Gupta said her government is committed to executing a 100-year development model, designed to ensure sustainable growth for generations to come.

Delhi Chief Minister Rekha Gupta on Wednesday announced a massive Rs 40-billion (Rs 4,000 crore) development push for the national capital, laying out a long-term, 100-year vision to transform the city into a future-ready and sustainable hub. Speaking at the 120th anniversary celebration of the PHD Chamber of Commerce and Industry (PHDCCI), Gupta called for stronger collaboration between the government and the business community. “I hope that the people of PHDCCI will work together with the Delhi government, which will lead to revenue generation in Delhi and create more employment opportunities,” she said. The chief minister outlined broad focus areas such as cleaning the Yamuna, improving education, health, tourism, and transportation. “We aim to transform the old image of Delhi and build the city from scratch,” she added. As part of this infrastructure drive, Gupta also announced that the Delhi Jal Board (DJB) has approved water-related projects worth Rs 30 billion (Rs 3,000 crore). Acknowledging the hurdles faced by Delhi’s business ecosystem, Gupta — who hails from a business family — said that industrialists are often held back by administrative red tape, outdated policies, and poor infrastructure. “Business investments depend on these three factors. If they are in place, industries come. If not, they leave,” she said, urging reforms to make the capital business-friendly. Reiterating her long-term planning approach, Gupta said her government is committed to executing a 100-year development model, designed to ensure sustainable growth for generations to come.

Next Story
Infrastructure Transport

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Next Story
Real Estate

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..

Next Story
Infrastructure Energy

Government to Launch Coal Gasification Urea Policy

The government will unveil a coal gasification based policy for urea production within one month, aiming to promote the use of domestic coal feedstock in synthetic fertiliser manufacture. The move seeks to enhance self reliance in fertiliser supply and to provide an alternative route to natural gas based synthesis. Officials said the policy will set out technical standards, permitting norms and incentives for projects that adopt coal gasification technology. It will aim to attract investments from both public sector undertakings and private manufacturers. The scheme will address logistical and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement