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.
Read more about this topic: City And Industrial Development Corporation
Famous quotes containing the word objectives:
“Along the journey we commonly forget its goal. Almost every vocation is chosen and entered upon as a means to a purpose but is ultimately continued as a final purpose in itself. Forgetting our objectives is the most frequent stupidity in which we indulge ourselves.”
—Friedrich Nietzsche (1844–1900)