Rajya Sabha Unstarred Question No. 2252 to be answered on 22nd March, 2017

GOVERNMENT OF INDIA
MINISTRY OF COMMERCE & INDUSTRY
(DEPARTMENT OF COMMERCE)

RAJYA SABHA
UNSTARRED QUESTION NO. 2252
TO BE ANSWERED ON 22nd MARCH, 2017

REDEVELOPMENT OF PRAGATI MAIDAN 

2252. SHRIMATI VIJILA SATHYANANTH:

Will the Minister of COMMERCE AND INDUSTRY be pleased to state:

(a) whether  it  is a  fact  that Government  has approved a  proposal  to  redevelop  Pargati Maidan  by  setting  up  a  world  class  integrated  exhibition‐cum‐convention  centre  at  a  total  cost  of  ₹  2254 crores; 

(b) if so, the details thereof; 

(c) whether the ITPO will utilize ₹1200 crores out of its free reserves towards funding of the project; 

(d) whether Government has fixed any time‐frame to complete the proposed redevelopment; and 

(e) if so, the details thereof?

ANSWER

THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY
(INDEPENDENT CHARGE)
(SMT. NIRMALA SITHARAMAN)

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(a) & (b): Yes Sir. The Government has accorded its approval for the redevelopment of Pragati Maidan into a new world class Integrated Exhibition-cum-Convention Centre (IECC) at a total cost of ₹ 2254 crores. The proposal is to re-develop an Integrated Exhibition-cum-convention Centre (IECC) at Pragati Maidan, New Delhi in two phases i.e. Phase-I & Phase-II. In Phase-I the following is envisaged:

  • Exhibition facility – 1,19,445 sq.mts.
  • Convention Centre – about 7000 PAX
  • Basement Parking – 4800 vehicles
  • Administration Block – 8857 Sq. mts.

(c): Yes Sir.

(d) & (e): Yes, Sir. The completion time for Phase-I is proposed as 24-30 months from the date
of award of work to the Project Executor including the time taken in obtaining all the necessary
statutory approvals from the local authorities.

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