New Delhi, Sept. 22 -- Delhi Chief Minister Rekha Gupta announced a landmark decision to reduce rental charges of all major stadiums in Delhi by 40-50%, paving the way for the city to emerge as a global hub for live events and concerts.

The initiative, undertaken under the guidance of Prime Minister Narendra Modi, has been made possible with the support of Union Minister for Youth Affairs & Sports Mansukh Mandaviya and the Sports Authority of India (SAI).

Rekha Gupta said the move will not only accelerate the hosting of national and international concerts and events, but also give a significant boost to cultural activities, tourism, employment, and the local economy. She termed it a milestone step in redefining Delhi's place on the glob...