Union Finance Minister of India Nirmala Sitharaman on Friday virtually launched Seven Infrastructure Projects worth over Rs. 1,000 Crore that include Residential and Office Complexes for Government Officials. The Finance Minister also said that Projects like these can enhance confidence and boosts morale of the Officials that the Government continues to provide for their welfare and well-being.
Finance Minister also laid the foundation stone of the Residential Complex at Sector-53, Gurugram comprising 214 Quarters of Type-II to VI for providing adequate residential houses for the officers and officials of the Income Tax Department. For the Central Board of Indirect taxes and Customs (CBIC), the Finance Minister inaugurated the Departmental Residential Complex comprising 256 quarters of Type-IV, V and VI, for the officers of CBIC at Sector-9, Dwarka, New Delhi, providing for adequate residential houses for the middle and senior level Officers of the Department.
For the Department of Financial Services (DFS), the Finance Minister inaugurated State Bank of India’s new local head office building, Life Insurance Corporation of India’s International Business Centre building and Canara Bank’s IFSC Banking Unit at GIFT City, Gandhinagar, Gujarat followed by the inauguration of the new head office building of United India Insurance Company Limited, at Chennai.
These infrastructure initiatives will give a fillip to business activities in GIFT City, and provide a state-of-the art headquarters building for United India Insurance Company for providing better customer services. The launch was also attended by Senior Officials of the Finance Ministry. Nirmala Sitharaman said that it is important to ensure that projects planned and completed without delays and the Department concerned should ensure that construction begins on time and that the projects are completed within the given time frame.
