Raipur: Chhattisgarh’s swanky new capital, Nava Raipur, is now in focus for all of the incorrect causes after Union Financial institution of India took ‘symbolic possession’ of a defaulter property of Naya Raipur Growth Authority (NRDA) after it didn’t repay a mortgage of Rs 317.79 crore.
The embarrassment has sparked a disagreement between opposition the BJP and the ruling Congress.
Union Financial institution of India’s mid-corporate department issued a public discover in newspapers on taking symbolic possession of two.659-hectare land of NRDA after issuing a requirement discover on August 2 final 12 months, in search of reimbursement inside two months.
Developed as a greenfield state-of-the-art capital of Chhattisgarh, the thought Nava Raipur was conceived by the then chief minister Ajit Jogi instantly after the state was carved out of Madhya Pradesh in November 2000. The Raman Singh authorities, which dominated the state for 15 years, executed the capital venture and developed large-scale infrastructure to make it a well-planned metropolis for the long run. NRDA manages the affairs of the capital venture.
“That is the Congress celebration’s Chhattisgarh mannequin, which goes down,” tweeted BJP vice-president and former CM Raman Singh, sharing a duplicate of the general public discover issued by UBI. “Now the financial institution is taking up authorities property for default of mortgage,: he mentioned, including that “the whole lot will get mortgaged due to this authorities’s behavior of spending lavishly by availing loans”. Opposition leaders identified that the state authorities is already deep in debt because it has availed loans of greater than Rs 51,000 crore between December 2018 and October 2021.

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