The pandemic has brought a great loss for us in all directions…many lost their jobs amidst financial breakdowns of their firm. To cope with this loss many new ventures and job opportunities have to be created, employment rate should be increased. Now the Kejriwal government thought of a great idea to boost the development of Delhi and increase the employment rate.
In a big move to boost the local economy at a time when the country is crawling back from the coronavirus pandemic-induced slowdown, the Delhi government on Monday announced its decision to redevelop five key markets in the national capital – Lajpat Nagar, Kamla Nagar, Sarojini Nagar, Khari Baoli and Kirti Nagar. The move will not only amp up struggling businesses but also generate lakhs of jobs in the country as it battles a high unemployment rate. All these markets are located at strategic locations in Delhi, and draw lakhs of visitors on a daily basis.
नई पहचान के साथ अब तरक्की की तरफ़ आगे बढ़ेंगे दिल्ली के बाज़ार। दिल्ली की बड़ी मार्केट्स को लेकर महत्वपूर्ण घोषणा | LIVE https://t.co/ZLyrnAy6Ph— Arvind Kejriwal (@ArvindKejriwal) June 13, 2022
The Kamla Nagar market is popular as a youth hangout zone, while Khari Baoli is famous for top-quality spices and traditional products from the Mughal era. The Lajpat Nagar market is known as a high-end street fashion hub, and a one-stop destination for wedding planners. The Sarojini Nagar market is famous for its fast-fashion collections, while the Kirti Nagar market is a popular destination for furniture and house decor, Delhi chief minister Arvind Kejriwal said in a virtual address on Monday.
This is in accordance with the announcement in Delhi government in Delhi government Rozgar Budget 2022- 23 to create more job avenues. There will be a design competition to finalize the redevelopment plan. However, the details and modalities are still kept secret.
Arvind Kejriwal stated, “Markets in Delhi will be redeveloped in terms of infrastructure; they’ll be branded in a phase-wise manner. We are taking 5 markets in phase-1 – Kamla Nagar, Khari Baoli, Lajpat Nagar, Sarojini Nagar, and Kirti Nagar… employment will increase.”
Markets in Delhi will be redeveloped in terms of infrastructure; they'll be branded, in a phase-wise manner. We are taking 5 markets in phase-1 – Kamla Nagar, Khari Baoli, Lajpat Nagar, Sarojini Nagar, and Kirti Nagar… employment will increase: Delhi CM Arvind Kejriwal pic.twitter.com/Xbe8YKTyov— ANI (@ANI) June 13, 2022
The Chief Minister revealed that the redevelopment will not only enhance football and business in these markets but will also help in generating employment. The roads of the markets will be strengthened, and sewer lines and water lines will be streamlined along with the beautification of the markets.
The chief minister and Aam Aadmi Party convener said his government selected the five markets after consultations with market associations. The government invited proposals from all markets and later formed an eight-member selection committee consisting of government officials and traders to choose five prominent pockets for redevelopment under ‘Rozgar Budget 2022-23’.
The committee zeroed in on nine markets, visited them, interacted with stakeholders and identified the scale and scope of redevelopment, and finally, recommended these five options. An official said that the decision to select the five markets was based on multiple factors. “Unique selling points, footfall, the scale of business, existing civic infrastructure, revenue generation, heritage value, and space for parking were among the criteria in the selection. These five markets are not only highly popular in Delhi, but also in the entire NCR, and their redevelopment holds significant potential for jobs generation,” said an official, requesting anonymity.
The committee comprised of representatives of the School of Planning and Architecture (SPA), Public Works Department, and Delhi Jal Board, along with Brijesh Goyal (chairman of Chamber of Trade and Industry) and Harsh Vardhan Bansal of Shopping Centres Association. The committee is headed by Pawan Kumar, chief project manager of Delhi Tourism and Transport Development Corporation (DTTDC). The Delhi government has allocated ₹100 crores for market redevelopment plans in FY 2022-23, and the government estimates that over 1.5 lakh job opportunities will be created through this.