The Noida Authority on Friday announced its annual budget for 2019-20 at ₹5,827 crore, up from last fiscal’s ₹4,900 crore.

The Authority also announced releasing its share in the funding for the upcoming international airport at Jewar, according to an official statement released after its 196th board meeting here.

“The board has also approved the proposal for providing 10% developed plots, maximum to the size of 450 square metres, to farmers. We will send the proposal to government for its final approval,” the official added.

Fund for Jewar airport

“The authority has given in-principle approval for releasing funds of ₹1,069.50 crore for the construction of Noida International Green Field Airport at Jewar. The funds will be used for land acquisition and providing compensation to farmers,”it said.