Fisheries Board to fund three modern fish markets in city

They will come up at Kukatpally, Nacharam and Begum Bazar

March 14, 2013 11:24 pm | Updated November 17, 2021 07:14 am IST

The messy fish markets being housed near dilapidated buildings will soon be a thing of the past with the government giving the go ahead to the GHMC for taking up construction of three wholesale and modern fish markets in the twin cities.

Rs. 100-cr. project

The National Fisheries Development Board will be funding 90 per cent (Rs. 67 crore) of the total project cost of little more than Rs.100 crore for all the three modern markets which are going to come up at Kukatpally, Nacharam and Begum Bazar.

Site details

The site details and necessary reports were sent to the NFBD which had offered to fund the construction. The Board had cleared three of the markets with the condition that the balance 10 per cent or any other additional cost will have to be borne by the civic body.

The Kukatpally fish market is estimated to cost Rs.27.8 crore with the NFDB funding Rs.25 crore and balance of Rs.53.20 lakh by the GHMC.

The Nacharam fish market is estimated to cost Rs.24.9 crore with the NFDB to fund Rs.24.4 crore and the GHMC Rs.29.40 lakh. Begum Bazar fish market is estimated to cost Rs.52.5 crore with the NFDB providing Rs.25 crore and the GHMC bearing the rest.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.