The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi on Tuesday, approved the proposal of the India Trade Promotion Organisation (ITPO) to redevelop Pragati Maidan into a world class Integrated Exhibition-cum-Convention Centre (IECC) at a cost of ₹2,254 crore.
The redevelopment project is envisaged in two phases. The first phase is expected to be competed by May 2019, and will be capable of hosting global conferences and exhibitions.