LALIT PATIL 18070 INTRODUCTION The City and Industrial Development Corporation of Maharashtra (CIDCO) is an Indian city planning agency and richest government authority in India which is formed and controlled by the Government of Maharashtra. CIDCO was formed on 17 March 1970 under the Indian Companies Act of 1956; its purpose at the time of its creation was to develop a satellite town to Mumbai, Maharashtra, and now functioning as New Town Development Authority (NTDA) and Special Planning Authority (SPA) of Government of Maharashtra for development of New Towns by planning and developing entire urban infrastructure, providing municipal services, executing large scale infrastructure projects including Navi Mumbai International Airport, Navi Mumbai Metro. CIDCO also launched India's first smart city project. CIDCO has ownership of all plots in new cities, underutilised funds about Rs 40,000 crore and reserved Land Bank; which makes CIDCO richest Government Authority. ORGANIZATION
The corporation is controlled by a board of directors appointed
by the state government. Day-to-day management is provided by the vice chairman and managing director supported by a team of joint managing directors, made up of the chief administrator (New Towns), the heads of various departments and personnel from various technical and non-technical disciplines, including officers, engineers and subordinate staff. The corporation is managed according to the Companies Act and the Memorandum of Articles of Association of the Corporation. Decisions are made through a democratic process including department-head meetings, committee meetings, board meetings and general meetings. Annual reports on the working and affairs of the company, with audit reports, are regularly laid before the houses of the state legislature. The Board of Directors of CIDCO meets at least once a month. OBJECTIVES of CIDCO
CIDCO was given a mandate to undertake all development as works
and recoup the cost of development from the sale proceeds of land and constructed property. Based on the mandate, CIDCO set several broad objectives for itself. It aims to prevent population influx into Mumbai, diverting it to the new town, by providing an urban alternative which will lure citizens wishing to relocate to a city of peace and comfort. Immigrants are to be absorbed from other states and efficient and rational distribution of industries is promoted by preparing a ground for them who otherwise could have opted for Mumbai. CIDCO plans to provide basic civic amenities to all and elevate standards of living for people of all social and economic strata. Moreover, it wants to offer a healthy environment and energizing atmosphere in order to utilize human resources at their fullest potentials. COURSE of ACTION
In order to achieve these goals, CIDCO started to
develop land and provide the required physical infrastructure such as roads, bridges, drainage and sewerage system, drinking water system and street lights. It has built a stock of houses supported by social infrastructure such as community centres, markets, parks, education institutes and playgrounds. It promotes commercial activities, warehousing, transportation and decentralisation of government administration. Lastly, it involves agencies in the development of public transport and telecommunication NAVI MUMBAI INTERNATIONAL AIRPORT
The new international airport, perhaps to be located
in the Kopar-Panvel area, may be built through public-private partnership (PPP), with a private sector partner having 74% equity while the Airports Authority of India (AAI) and the Maharashtra government (through City and Industrial Development Corporation or CIDCO) would hold 13% each. The International Civil Aviation Organization (ICAO) has already given techno-feasibility clearance to the Navi Mumbai International airport. CIDCO PROJECTS Besides Mumbai, CIDCO operates successfully in Aurangabad, Nashik, Latur and Nanded in Maharashtra state. Some very successful projects have been undertaken by CIDCO in Aurangabad. Aurangabad city's localities are named as Neighbourhood-One (N-1), Neighbourhood-Two (N-2) through N-12. The Aurangabad division has now been handed over to the Aurangabad Municipal Corporation. A new development in Aurangabad district is in Waluj. It is 12 km southwest of Aurangabad city and is well connected to the city. These projects are approximately sixteen times the size of those executed in Aurangabad city. One more CIDCO plant has been undertaken south of Aurangabad city, near Gevrai village beside the Sahara city project THANK YOU
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