Nagpur: The Nagpur Metropolitan Region Development Authority (NMRDA) signed an MoU with the Institute of Chartered Accountants of India (ICAI) for strategic and advisory collaboration to develop a single window clearance system under its ambitious 11,300cr New Nagpur Business District project.The agreement was signed in New Delhi during the national conference on ‘16th Finance Commission and Local Public Finance System,’ organised by ICAI and Indian Institute of Public Administration IIPA. Through the collaboration, NMRDA aims to strengthen ease of doing business, digital governance systems and investor facilitation through transparent and technology-driven mechanisms.Metropolitan Commissioner Sanjay Meena attended the conference as chief guest and also chaired a panel discussion on ‘Innovative financial models for local self-govt bodies.” Meena highlighted growing importance of financially sustainable and technology-enabled urban governance systems amid rapid urbanisation across the country. He also shared details of NMRDA’s major infra initiatives, including New Nagpur Project, Outer Ring Road, multimodal connectivity infra corridors. The New Nagpur Business District project is being developed over 692.06 hectares and is expected to emerge as a major corporate and financial hub in central India. NBCC (India) Ltd is the consultant for planning and execution.
