In an official release released on Tuesday evening, the Administration stated: “It was noted that the policies of the Government of India are likely to be changed in terms of financial support and model. It was felt that the introduction of government subsidies into the project will perhaps require complete reformatting of terms and conditions. The finance secretary desired that the Modern Terminal Market project should be approached afresh after it is considered by the state-level committee. Before proceeding further, the department will reconsider the detailed terms and conditions after the announcement of new policies by the Government of India.”

The UT State Agriculture Marketing Board had invited global tenders for setting up the Rs 53.67-crore Modern Terminal Market on 50 acres of land near Agro zone, Sector 39, for fruits, vegetables and other perishables. Tenders for the market were announced in January 2007 while construction was to be completed within 15 months from the date of contract. However, the Administration has not announced the qualified applicants for the project as yet. The matter has been postponed “till further notice”.

Regarding the Warehousing complex project, feedback was received from all consultants who participated in the pre-bid conference and it was decided that the proposed changes be re-advertised and put into public domain. Finance Secretary Sanjay Kumar emphasised that the revised advertisements be published as per the new terms and conditions, so that transparency is ensured.