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2mo ago

UP Cabinet Dissolves JPNIC Society, Transfers Centre to LDA

The state will treat the ₹821.74 crore already disbursed as a 30-year loan to the LDA.

Major confrontation between Samajwadi party chief Akhilesh Yadav and Lucknow Development Authority for entry into Jai Prakash Narain International Centre (File)
Image
The JPNIC in Lucknow’s Gomti Nagar (HT Photo)
Chief minister Yogi Adityanath presided over the meeting of the state cabinet that also decided to dissolve the committee constituted earlier to run the JPNIC. (Ht file)

Overview

  • The Uttar Pradesh Cabinet approved the dissolution of the Jayaprakash Narayan International Centre managing society and handed the stalled project to the Lucknow Development Authority.
  • State Finance Minister Suresh Kumar Khanna announced that ₹821.74 crore spent so far will be reclassified as a 30-year loan to the LDA.
  • The LDA is authorised to solicit private operators through a request for proposal process for the centre’s completion and long-term management.
  • A high-level committee of senior officials will be formed to inspect existing structures, assess pending work and finalize cost and timeline estimates.
  • The 20-acre JPNIC project envisions a state-level auditorium, convention centre, modern sports complex, multipurpose courts and a 750-vehicle parking facility.