NOIDA: The Greater Noida Industrial Development Authority (GNIDA) on Tuesday approved a budget of over Rs 5,100 crore for 2022-23, allocating Rs 2,000 crore from it for land acquisition and Rs 1,400 crore for development works in villages and residential sectors. This is the biggest budget for any fiscal year since 2017-18 for GNIDA, which held its 126th Board meeting on Tuesday, according to officials.
"The Board of GNIDA has approved the budget of Rs 5,104 crore for the financial year 2022-23. It has been approved in the board meeting held under the chairmanship of Industrial Development Commissioner and Noida-Greater Noida Authority Chairman Sanjeev Mittal," an official statement read.
