Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, made headlines on Friday as she virtually launched a series of infrastructure projects collectively worth over Rs 1,000 crore from the national capital. These projects are poised to significantly enhance various aspects of infrastructure across different sectors.
One of the key highlights of the event was the laying of the foundation stone for the Departmental Residential Complex by the Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance. Situated in Sector 28 of Faridabad, Haryana, this complex will comprise 198 quarters of Type-II and III, providing essential housing units for officials of the Income Tax Department.
Additionally, Sitharaman inaugurated another residential complex in Sector 53 of Gurugram, featuring 214 quarters of Type-II to VI. This initiative aims to cater to the housing needs of officers and officials of the Income Tax Department.
Furthermore, the Union Finance Minister also unveiled a departmental residential complex for the Central Board of Indirect Taxes and Customs (CBIC) in Sector-9 of Dwarka, New Delhi. This complex, comprising 256 quarters of Type-IV, V, and VI, is designed to accommodate middle and senior-level officers of the department.
In addition to these residential projects, Sitharaman inaugurated several key infrastructure developments in Gujarat’s GIFT City, including the new local head office building of the State Bank of India, the International Business Centre building of the Life Insurance Corporation of India, and Canara Bank’s IFSC Banking Unit. Furthermore, the new head office building of United India Insurance Company Ltd. in Chennai was also inaugurated.
Speaking at the event, Sitharaman emphasized the importance of timely completion of infrastructure projects, urging departments to ensure adherence to timelines. She also highlighted the significance of such initiatives in boosting morale and confidence among officials, reaffirming the government’s commitment to their welfare and nation-building endeavors.