Cabinet approves the terms and conditions for transfer of 12 acres of land of Indu-6 Mill land
No: --- Dated: Aug, 03 2016
Cabinet approves the terms and conditions for transfer of 12 acres of land of Indu-6 Mill land vested in National Textile Corporation Ltd. to Government of Maharashtra for construction of a memorial of Dr. B.R. Ambedkar
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for the terms and conditions for transfer of 12 acres of National Textile Corporation Ltd. (NTCL), Indu-6 Mill land to Government of Maharashtra for construction of a memorial of Dr. B.R. Ambedkar.
Background:
The Chaityabhoomi of Bharat Ratna Dr. Babasaheb Ambedkar is situated in the vicinity of the land of Indu-6 Mill of National Textile Construction Limited (NTCL), Mumbai; a place of pilgrimage for millions of Indians.
The Union Cabinet had already approved the transfer of 12 acres of Indu-6 Mill land, vested in National Textile Corporation, to Government of Maharashtra for construction of a befitting Memorial for Dr. Babasaheb Ambedkar on payment of compensation as required under section 11A of the Sick Textile Undertakings (Nationalisation) Amendment Act, 1995 and ratified tripartite Memorandum of Understanding signed between Government of India, Government of Maharashtra and National Textile Corporation Ltd.
Background:
The Chaityabhoomi of Bharat Ratna Dr. Babasaheb Ambedkar is situated in the vicinity of the land of Indu-6 Mill of National Textile Construction Limited (NTCL), Mumbai; a place of pilgrimage for millions of Indians.
The Union Cabinet had already approved the transfer of 12 acres of Indu-6 Mill land, vested in National Textile Corporation, to Government of Maharashtra for construction of a befitting Memorial for Dr. Babasaheb Ambedkar on payment of compensation as required under section 11A of the Sick Textile Undertakings (Nationalisation) Amendment Act, 1995 and ratified tripartite Memorandum of Understanding signed between Government of India, Government of Maharashtra and National Textile Corporation Ltd.
Courtesy – Press Information Bureau, Government of India