MP to raise funds from auction of land parcels
The Madhya Pradesh government, which has sustained its economy by auctioning key minerals, now plans to sell valuable land worth almost a billion rupees belonging to the Public Works Department (PWD) in Bhopal, Indore and Jabalpur to breathe new life into the drained treasury. The land will be e-auctioned and the government will sign contracts with private institutions for commercial use of the properties. A three-member committee will be former to implement the decision taken at a high-level ministerial committee meeting. The land to go under the hammer is in the prime locations of Jawahar Chowk in Bhopal (14 acres), at the departmental workshop near Palasia in old Indore (4 acres) and another 3.5 acres near the Civil Lines in Jabalpur.
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