Urban development ministry hands over Rs.330 crore to finance
M. Venkaiah Naidu handing over the cheque of Rs. 330.61 crore to the Union Minister for Finance, Corporate Affairs and Defence, Arun Jaitley, in New Delhi on June 05, 2014.
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New Delhi , 05 Jun 2014
The urban development ministry Thursday handed over Rs.330.61 crore - the surplus amount generated from housing projects in the national capital -to the finance ministry."The Urban Development Minister M. Venkaiah Naidu presented a cheque of Rs.330.61 crore to Finance Minister Arun Jaitley," said a ministry official.AThe surplus was generated from the redevelopment of Netaji Nagar and Moti Bagh projects in New Delhi area. The project was completed in phases from March 2009 to March 2012. This amount will be deposited in the Consolidated Fund of India.