It will be three cheers for the steel city this Holi.

Chief minister Raghubar Das, who came to his hometown on Monday, said the state would show the green light to three major projects during the first post-Budget cabinet session to be held on March 5.

"We will give the go-ahead to eastern corridor project, the medical college of Tata Steel in association with Karnataka-based Manipal Academy of Higher Education at Ardeshir Dalal Memorial Hospital, Baridih, and regularisation of 86 urban slums," said the chief minister, who came to his hometown to review arrangements for the five-day Shrimad Bhagwat Katha to be addressed by Sadhvi Rithambara at Agrico Transport Ground from Tuesday.

The eastern corridor will be constructed on public-private-partnership (PPP) mode. Tata Steel will begin construction by April this year. The government will allow the steel major to collect toll tax.

For a project stuck in bureaucratic red tape for the last four years, this news could not have been more welcome.

In 2011, Tata Steel had proposed the eastern corridor project and optimistically given a two-year deadline. However, bureaucratic hurdles and land acquisition hassles delayed the Rs 1,323-crore project that envisaged flyovers and arterial roads linking Tatanagar station and NH-33 since then.

When it comes up, the corridor will lessen the load of commercial heavy vehicles on city roads and in the process decrease the chances of accidents and traffic snarls inside Jamshedpur.

For the Tuesday's religious discourse, the East Singhbhum district administration is making all necessary security arrangements.

Around 12 CCTV cameras and four metal detectors have been installed at strategic locations.

The Surya Mandir Committee is organising the event. The committee expects a gathering of nearly 10,000 on each day of the five-day event. Four LED screens will also be installed on the venue to give the audience a better view.