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UP Cabinet clears 1% stamp duty cut for women, plan for Chitrakoot Link e-way

UP Cabinet clears 1% stamp duty cut for women, plan for Chitrakoot Link e-way

Indian Express4 days ago
THE STATE Cabinet on Tuesday approved a proposal to provide a 1 per cent rebate in stamp duty on purchase of properties worth up to Rs 1 crore in the name of women. A plan for the Chitrakoot Link Expressway project also got the green signal during the meeting.
Cabinet Minister Anil Rajbhar told mediapersons later that the decision regarding the rebate in stamp duty was made from the 'point of view of women empowerment.' Rajbhar said that so far, this exemption was applicable only on property up to Rs 10 lakh in the state, in which a maximum discount of Rs 10,000 was available. Rajbhar said the move would benefit women from middle-class families in particular.
The Cabinet also cleared a proposal for the start of the Monsoon session of the Assembly from August 11. The previous (budget) session of the UP Assembly had taken place from February 18 to March 5.
In another significant decision, the Cabinet cleared a proposal for the construction of a four-lane, 15-km Chitrakoot Link Expressway.
Industries Minister Nand Gopal Gupta 'Nandi' informed that the project would be completed using the Engineering-Procurement Construction method at an estimated cost of Rs 939.67 crore. He said the 15.172 km expressway would start from Bhartikup and go up to Ahmedganj village. It would connect with the Varanasi-Banda National Highway (NH-35/76) and establish connectivity with National Highway 135 BG, said Nandi.
He said the project was aimed at promoting tourism in Chitrakoot as devotees and tourists coming from far-flung areas would also get 'smooth and fast traffic facility to the district.' The construction work will be completed in 548 days and after this maintenance work will be done for five years. There would be no financial participation of the Centre in this project, said Nandi.
The Cabinet also cleared a plan to upgrade 121 polytechnic institutes across Uttar Pradesh with the help of Tata Technology Limited (TTL). Cabinet Minister Ashish Patel informed that in collaboration with TTL, these institutes would get a fillip through 'Tata Technology Excellence Centre.'
He said the estimated cost of the project would be Rs 6,935 crore, of which Rs 6,034.20 crore would be borne by TTL, while Rs 1,063.96 crore would be spent by the state government.
The state government will spend an additional Rs 858 crore for infrastructure development and establishment of basic facilities. He said that in the first phase, 45 polytechnic institutes would get an upgrade as a pilot project.
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