Delhi govt to start redevelopment of markets, providing 20 lakh jobs in next 5 years

New Delhi, 15 June 2022: The Deputy Chief Minister of Delhi, Manish Sisodia has stated the Delhi govt will start the assessment of the first five markets in the national capital for redevelopment under the Rozgar Budget.

With the intention to create 20 lakh jobs for the people in the next five years, the authorities will begin with the Kamla Nagar market where they will interact with the shopkeepers about the same.

“In March, we promised Delhi bold steps to provide 20 lakh jobs & boost the economy under Rozgar Budget. Today, we’re taking on this challenge with conviction. Redeveloping our iconic markets is key to brand them as global shopping destinations & provide large-scale employment,” he stated.

Regarding the redevelopment plan, the Deputy Chief Minister said, “They will visit 5 markets under Phase 1 Redevelopment over the coming weeks. Will interact with locals to build a deeper understanding of their unique needs, as we move towards implementation. Delhi’s economic growth is at the forefront of our priorities.”

Sarojini Market, Lajpat Nagar, Kamla Nagar, Kirti Nagar and Khari Baoli are the first five markets taken into consideration under the redevelopment project. About Rs 100 crores have been devoted to the project in 2022-23 which will generate over 1.5 lakh employment opportunities.