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Meghalaya Cabinet Approves Key Infrastructure and Governance Measures

Story Highlights
  • Meghalaya Cabinet approves land acquisition to enhance connectivity in New Shillong Township.
  • State’s fiscal deficit ceiling raised to support developmental activities and streamline administrative processes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Meghalaya Cabinet Approves Key Infrastructure and Governance Measures

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Khaitan India Ltd. ( (IN:KHAITANLTD) ) has provided an update.

The Meghalaya Cabinet has approved several significant measures aimed at enhancing infrastructure and governance in the state. These include acquiring 35 acres of land in New Shillong Township to improve connectivity between Administrative City and Knowledge City, amending recruitment norms for Group D posts to resolve a long-standing ambiguity, and raising the state’s fiscal deficit ceiling to support developmental activities. Additionally, the reappointment of Justice Shivaji Pandey as President of the Meghalaya State Consumer Disputes Redressal Commission was confirmed, along with the establishment of its own recruitment board. These decisions are expected to bolster the state’s infrastructure development and streamline administrative processes, potentially benefiting various stakeholders involved.

More about Khaitan India Ltd.

Average Trading Volume: 1,099

Technical Sentiment Signal: Hold

Current Market Cap: 501.4M INR

Find detailed analytics on KHAITANLTD stock on TipRanks’ Stock Analysis page.

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