The Union Cabinet approved on September 21 a proposal for merger and modernization of 17 Government of India Presses (GIPs) into five GIPs located at Rashtrapati Bhavan, Minto Road and Mayapuri in New Delhi, Nashik in Maharashtra, and Temple Street in Kolkata. According to an official release, the exercise is aimed at undertaking important confidential, urgent and multi-color printing work of the Central Government Offices all over the country. It stated that there will be no extra cost as these 5 Presses will be redeveloped and modernized by monetization of their surplus land. Freed land of 468.08 acres of the other merged Presses will be given to Land and Development Office under the Ministry of Urban Development. Another parcel of freed land measuring 56.67 acres of the Government of India Text Books Presses (GITBPs) at Chandigarh, Bhubaneswar, and Mysuru will be returned to the respective State Governments. The release said the whole redevelopment exercise will be carried out at zero cost to the exchequer and without any retrenchment.