section 42
Creation of Metropolitan Development Fund
The Madhya Pradesh Metropolitan Region Planning and Development Act, 2025General202564 sections
Statutory text
- (1) The Government shall create a Metropolitan Development Fund with a seed capital of Rupees 200 crores for the purpose of administering this Act.
- (2) The Government shall create a Revolving Fund for the Metropolitan Region Development Authority with a fund of Rupees 100 crores for the purpose of performing its functions under this Act and allocate finances based on the plans and programmes of the local bodies for undertaking development of amenities and infrastructure facilities as per plan programmes.
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