The Union Cabinet chaired by Prime Minister Narendra Modi has given ex-post facto approval for transfer of land of Rashtriya Chemicals & Fertilizers Ltd. (RCF) to Mumbai Metropolitan Regional Development Authority (MMRDA), according to an official statement.
The Cabinet also proposed approval for transfer of land of Rashtriya Chemicals & Fertilizers Ltd. (RCF) to Municipal Corporation of Greater Mumbai (MCGM) and for selling of Transferable Development Right (TDR) Certificate received against the transfer of land to MMRDA/MCGM.
RCF is a leading fertilizer and chemical manufacturing company in India in the Public Sector.