Baghbari to be turned into agri market hub, says DM
2
Bhagalpur: The Bhagalpur district administration has drawn up a redevelopment plan to transform the defunct Baghbari premises at Aliganj, in the southern part of the city, into a modern Krishi Utpadan Bazar Samiti (KUBS).
The initiative is aimed at streamlining agricultural marketing, ensuring fair trade practices and boosting the district's farming sector.
On Monday, district magistrate Nawal Kishor Choudhary, along with officials from the agriculture department, building and bridge construction department and other district authorities, inspected the site and reviewed structural plans and modalities for the redevelopment.
Choudhary said the project would be executed in phases. "The Baghbari premises at Aliganj will soon be redeveloped into a contemporary KUBS. In the first phase, Rs 89 crore will be spent on building access roads, warehouses for storing grains, vegetables, fruits, spices and other perishables," he said.
The plan includes developing wholesale and retail shops, market yards, auction platforms and extensive storage facilities.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Brain tumor has left my son feeling miserable; please help!
Donate For Health
Donate Now
Undo
"Amenities such as canteens, lavatories, potable water, drainage and a solid waste management system will also be integrated to ensure smooth operations for farmers and other stakeholders," he added.
The DM said the KUBS would not only support fair trade and timely market information but also help implement govt schemes and strengthen farmer cooperatives. A structural diagram has already been prepared and officials have been asked to initiate work to benefit the farming community.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Today
19 minutes ago
- India Today
ED restitutes properties worth Rs 386 crore in Karnala Bank scam
The Enforcement Directorate(ED) in Mumbai has restituted immovable properties valued at Rs 386 crore to the Competent Authority under the Maharashtra Protection of Interest of Depositors (MPID) Act in connection with the financial fraud involving Karnala Nagari Sahakari Bank, Panvel. The restitution aims to compensate depositors who suffered financial losses due to a large-scale properties were earlier provisionally attached by the ED under Section 5 of the Prevention of Money Laundering Act (PMLA), following investigations that revealed the erstwhile chairperson, in collusion with other bank officials, orchestrated a fraud involving forged documents and bogus loan accounts. According to an FIR filed by the Economic Offences Wing (EOW), CID, Pune, on February 17, 2020, 63 fictitious loan accounts were created, through which Rs 560 crore was siphoned off for private investigations under PMLA established that the diverted funds were funneled into various entities linked to Vivekanand Shankar Patil and his relatives. The laundered proceeds were used to acquire immovable properties across Raigad District in Maharashtra. These assets, worth Rs 386 crore, were attached on August 17, 2021, and October 12, 2023. A prosecution complaint was filed on August 12, 2021, before the Hon'ble Special Court, PMLA, and the trial is currently ongoing. In response to a restitution application filed under Section 8(8) of PMLA by the RBI-appointed liquidator, the ED granted its consent. The PMLA Special Court, Mumbai, through its order dated July 22, 2025, directed the release of the property located at Karnala Sports Academy, Panvel, to the liquidator for auction. The court also instructed the Competent Authority, MPID, to auction land situated at Posari, Raigad, and distribute the proceeds among affected Nagari Sahakari Bank had over 5 lakh depositors with total deposits amounting to Rs 553 crore. These depositors lost their savings due to the fraudulent activities of the bank's management. In view of the scale of public loss and to expedite recovery for the victims, the ED has taken proactive steps resulting in the current restitution of assets.- Ends
Time of India
28 minutes ago
- Time of India
Now, 1% stamp duty relief to women buyers on properties up to Rs 1 crore
Noida: Women purchasing a house or land worth up to Rs 1 crore will now get 1% waiver on stamp duty, with UP cabinet last week revising the cap on properties eligible for the rebate from the previous Rs 10 lakh. In Noida and Ghaziabad, one has to pay 6-7% of the total cost of a flat in stamp duty and an additional 1% as a processing fee for registration. With the revised limit coming into effect on July 29, women can save up to Rs 1 lakh during property registration. AIG-2 (stamp department) Brijesh Kumar told TOI that nearly 30% of all properties registered per month in Noida are owned by women. Of the 1.8 lakh properties registered across the district in the 2024-25 fiscal year (FY), over 73,000 were owned by women. You Can Also Check: Noida AQI | Weather in Noida | Bank Holidays in Noida | Public Holidays in Noida In FY 2023-24, 1.5 lakh properties were registered, and nearly 60,000 were owned by women. Real estate experts said the rebate would benefit the mid-segment market, which mostly attracts first-time buyers. It would also encourage more families to register properties in the name of women, supporting the broader goal of financial inclusion and empowerment. "It not only incentivises women to take a more active role in property ownership but also signals a broader shift towards financial empowerment and gender equity in real estate. This initiative will encourage joint ownership, increase formal asset holding among women, and contribute to inclusive growth in the sector," Vipul Giri, president of CREDAI's Ghaziabad chapter, said. New Era Flat Owners Welfare Association (NEFOWA) president Abhishek Kuma told TOI that the rebate would benefit buyers who were waiting to register their properties, but new homebuyers may not feel the cushion as the cost of a 3BHK in Noida currently exceeds the Rs 1-crore threshold. "In Greater Noida, there are at least 30,000 flats in the range of Rs 60-70 lakh awaiting registry. So, a woman buyer could get a Rs 60,000 to Rs 70,000 rebate in stamp duty. However, the cost of flats in most new residential projects is now are above Rs 1 crore. The cap should have been at least Rs 2 crore for Noida, where affordable housing is an issue," Kumar said. Some homebuyers also pointed out that in Delhi, women pay only 4% stamp duty on the property value or circle rate, whichever is higher, while men are required to pay 6%, regardless of the property's price. Meanwhile, state stamp and registration minister Ravindra Jaiswal has directed all districts to revise circle rates to bring them on par with the prevailing market rate of properties. In Ghaziabad, the stamp department is currently conducting a survey to revise the circle rates. The final draft of the circle rates revision awaits approval from the district magistrate in Noida.
Time of India
33 minutes ago
- Time of India
11904 cases resolved in special revenue campaign
Indore: District administration on Wednesday announced that the mega campaign launched for swift resolution of revenue cases had achieved its target of resolving 100 percent cases pending till May 31, including those registered under RCMS (Revenue Case Monitoring System) and the Public Service Guarantee Act. "To ensure complete transparency and accountability, a reward of Rs 5,000 has been announced for any applicant who reports a revenue case from the period before May 31, 2025 that has not been resolved yet," Collector Asheesh Singh said, adding this amount would be recovered from the concerned revenue officer responsible for the delay. He said that the campaign, which ran across the entire district from June 16 to July 31, aimed to provide quick resolution to revenue-related issues and update land records for the citizens of Indore district. The target was to resolve all applications for mutation, partition, demarcation, sub-division, right-of-way disputes, possession disputes, and record corrections received through Public Service Centres or registered in RCMS by May 31, 2025. During the review, it was reported that within this period, a total of 5,079 cases of mutation, 642 cases of partition, 2,305 cases of demarcation, 1,994 cases of sub-division, 209 cases of right-of-way disputes, 271 cases of possession disputes, and 1,404 cases of record corrections were carried out. "In total, the campaign resolved 11,904 revenue cases across the district," he said.
