Regional Growth Summit at Indore, land availability in three districts to be shown
: The Madhya Pradesh govt will showcase lands available in Indore, Ujjain, and Dewas to attract big investors to fulfil their infrastructure-related needs at a
Regional Growth Summit
scheduled on May 16 at Brilliant Convention Centre."Indore,
Ujjain, and Dewas are three big cities of MP, which are adjacent and have witnessed rapid development in all sectors.
Simhastha 2028 has further boosted growth in this region," principal secretary Sanjay Shukla said. There is a need for land for investors, industries, and commercial establishments in almost every sector. So, the state govt has decided to hold a regional growth summit to showcase the availability of land in Indore Ujjain and Dewas, he said."There are some central govt agencies that have developed industrial parks, and their land bank will also be showcased in the summit to attract investors," he said. Various agencies, including Indore Development Authority (IDA), Ujjain Development Authority (UDA), Dewas Development Authority (DDA), housing board, MPIDC, municipal corporations, CREDAI, tourism board, and Smart City Development Limited, have been roped in to hold the summit.Participants from various cities, including Indore, Gwalior, Dewas, Bhopal, Ujjain, Mandsaur, Jabalpur, and Neemuch, are expected to attend the summit, which will be inaugurated by chief minister Mohan Yadav. He will also hold one-on-one discussions with potential investors.Apart from showcasing
land availability
, the govt agencies are likely to provide information on land use and market rates, official sources said adding that following success of this summit, similar events will be held in other regions.
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The 42-year-old Air Force veteran drives to his father's every day for a shower and a meal. A hole in the wall of his own home is covered by a tarp. 'I've had a litter of kittens in my house,' he said. 'I don't own a cat.' All told, Louisiana's guaranty association has taken over 42,000 pending home-insurance claims from insurers that collapsed between 2021 and 2023, said Executive Director John Wells. About 1,700 of those claims, including some from Lighthouse and Maison, still aren't resolved, he said. Long delays in adjudicating those claims mean policyholders frequently pay out of pocket, even if they eventually win their cases, said Verret's lawyer, Cate Biggs Vosbein. Wells, the association's executive director, said the organization has to balance protecting policyholders with ensuring that payouts are reasonable. He said the association is working with the policyholders' lawyers, mediators and the courts to resolve the remaining 1,700 claims. He declined to comment on individual cases still before the courts. Kevin Verret's home in Westlake, La., was pummeled by hurricanes in 2020. His insurer collapsed while he was disputing the payout, he said, leaving him unable to complete repairs. Verret's lawsuit against his insurer was taken over by the Louisiana Insurance Guaranty Association. Hart said she has been entangled in a yearslong back-and-forth with the state guaranty association, which is contesting her lawsuit seeking a higher payout. 'It's horrible,' she said. 'It's just something I want to get past.' She had purchased her home in LaPlace in 2020, the first she's ever owned, using a payout from an accident at work that left her permanently disabled. Hurricane Ida, she said, left it with more than $150,000 in damages. Her insurer Lighthouse disputed her damages claim, paying just $10,380 before it collapsed, and the guaranty association has so far paid only $7,201 more, according to her lawyer. Lawyer Mark Montiel, who is representing Hart, said insurers heading toward insolvency often lowball damage estimates, leaving the policyholder to fight with the guaranty association that takes over the claim after the company fails. Hart said she's used all the money that was left over from her workplace payout to repair some of the damage that Lighthouse didn't cover. She said repairs to her roof, walls and windows—'some not opening, some not locking, some cracked'—remain stalled. 'It was a beautiful home,' she said. 'Ida took everything away from me.' Write to Jean Eaglesham at Susan Pulliam at and Caitlin Ostroff at A Tiny Company Is Vouching for Risky Insurers in Hurricane Country A Tiny Company Is Vouching for Risky Insurers in Hurricane Country A Tiny Company Is Vouching for Risky Insurers in Hurricane Country A Tiny Company Is Vouching for Risky Insurers in Hurricane Country A Tiny Company Is Vouching for Risky Insurers in Hurricane Country
