He said the lift would be constructed by state Tourism Department with assistance of Asian Development Bank at a cost of Rs 6.50 crore.
The lift will link the cart road with mall road.
The CM said it would facilitate tourists and local people. The old lift would also be renovated, he said.
Earlier, laying the foundation stone for a Primary Health Centre in New Shimla, he said the basement parking constructed by people will be opened soon to ease congestion caused by idle parking.
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The Chief Minister announced construction of moder crematorium in new Shimla and laying ofa separate drinking water pipeline for providing potable water to the residents who are getting water only from one source at Ashwani Khud.
The Chief Minister announced release of Rs 5 lakh for construction of Sarai (inn) of Jwala Mata Temple anddirected the authorities concerned to take upmetallingof Tipra- Jagroti roadwithin 15 days.
He also dedicated to public 33 KV-sub-station at Chamayana constructed at a cost of Rs 5 crore which would provide power to the residents of Bhatta Kufar, Patgehar, Vegetable Market Dhalli andsurroundingareas andbenefit 50,000 people of 15 villages.
He honoured Shashi Kala Negi, who bagged silver medal in National Boxing Championship in her category.
He later inaugurated 33 KV sub-station at Sankat Mochan constructed at a cost of Rs.5.80 crore to supply power to consumers of Taradevi,Chamrog, Badhai, Sankat Mochan, Chakkar, Dhaar, Tyari, Baag, Fayal, Tarari khud, Lagru, Kotla, Jajhar khud, Malog, Sheelgaon, Anji, Shagheen, Lower Tutikandi and surrounding areas.