Noida was conceived in the 1970s and went on to transform the Western UP's landscape for good. Akin to the New Okhla Industrial Development Authority (Noida), the Yogi Adityanath government has instituted the Bundelkhand Industrial Development Authority (BIDA) with its epicentre in Jhansi.
The commerce and industry ministry is in talks with state governments to prepare guidelines for setting up local governance bodies inside these tax-free industrial enclaves. Sources said these bodies may either be modelled on the lines of townships developed by state industrial development authorities like the New Okhla Industrial Development Authority (Noida) in Uttar Pradesh, or follow a Jamshedpur-like model, where a corporate house takes care of civic infrastructure.
The Allahabad high court recently pulled up the Uttar Pradesh government over non-compliance of its stern order for the removal of two top officials of the New Okhla Industrial Development Authority. But the state administration is still dilly-dallying over the issue. Undue influence wielded by a NOIDA industrialist was stated to be the main reason behind Chief Minister Akhilesh Yadav's reluctance in removing the two officials.
The New Okhla Industrial Development Authority (NOIDA) will soon have to return a huge chunk of prime land along the UP-Delhi border, to Uttar Pradesh irrigation department from which it was transferred to NOIDA during the previous Bahujan Samaj Party regime headed by Mayawati.
Unable to pay for the largest ever land deal in India, valued at Rs 5,006 crore, realty player BPTP Ltd has applied for surrendering it to the New Okhla Industrial Development Authority. "Following the UP government policy announcement, BPTP has made an application to the Noida authority for (the) surrender of (the) plot and is awaiting NOIDA's decision," BPTP Ltd Director Sudhanshu Tripathi said in a statement in New Delhi.
The Mayawati-led Uttar Pradesh Cabinet decided to refer the 1,200-acre SEZ proposal to New Delhi as it violated the contiguity norms laid down by it.
The high court had ordered demolition of Supertech's two under-construction towers in the real estate firm's Emerald Court project.
Supertech Managing Director Mohit Arora said the company will file a review petition in the SC.
And learn what not to do from the so far jinxed Navi Mumbai International Airport.
With just 10 detectives under his leadership and in about three weeks' time, Senior Superintendent of Police of Uttar Pradesh's Special Task Force Amit Pathak cracked an online digital racket that swindled 600,000 people and is now worth Rs 3,700 crore and counting.
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