In order to find a permanent solution to the frequent traffic congestion at Pantha Chowk, Chief Minister Mufti Mohammad Sayeed Tuesday released Rs. 10 crore as compensation for acquisition of 13 kanals of land and structures on the main Highway from Pantha Chowk to Zewan Junction.
The Planning & Development Department, which is under the charge of the Chief Minister, released the funds under the Special Area Development Programme (SADP) to fast-track the acquisition so that the work on widening of the road stretch is taken up on priority to avoid huge traffic jams that usually occur from Pantha Chowk to Zewan, causing great inconvenience to the people and commuters.
The total cost of the project is Rs. 23.18 crore, out of which only Rs. 4.00 crore had been released so far. The funds released by the Government will help acquisition of land and structures as well as shifting of the essential utilities.