Ujjain Municipal Corporation debates fresh loan for stalled housing project
What happened
A proposal for a Rs 15 crore loan to complete the Manchhaman Multi-housing project in Ujjain was debated at a special meeting of the Ujjain Municipal Corporation. Mayor Mukesh Tatwal stated the fresh loan would enable beneficiaries to receive their homes, as construction has remained stalled since a Rs 30 crore loan was approved in 2024. Leader of the Opposition Ravi Rai questioned why a new proposal was necessary given the previous approval.
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Why it matters
The debate centers on municipal funding and the completion of housing projects under the Pradhan Mantri Awas Yojana. The corporation plans to generate approximately Rs 9 crore through beneficiary contributions and the sale of shopping complexes to support the project.
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Who's involved
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The entities involved
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Rai
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