For promoting a planned and healthy real estate development of colonies and apartments in big cities, union housing and urban poverty alleviation ministry has drafted a bill and invited suggestions from experts.
Noted housing finance expert Deepak Parekh will head an eight-member committee appointed on Tuesday by the ministry of housing and urban poverty alleviation to discuss the draft guidelines of government's ambitious Rajiv Awas Yojana which aims to make the country slum-free.
Union Tourism and Housing and Urban Poverty Alleviation Minister Kumari Selja said, "The thrust area for the government will be creation and improvement of tourism infrastructure, promotion and publicity of India as a preferred destination in overseas markets, promotion of domestic tourism and most importantly employment generation." On housing and urban poverty alleviation, the JNNURM with approval of projects of nearly Rs 50,000 crore is reshaping our cities, she said.
On the action taken by the government to construct more houses for the poor, she informed the House that a new scheme has been launched for providing interest subsidy to make housing affordable and within the repaying capacity of the economically weaker section and low income group.
A study conducted by CBRS reveals there are abundant homes lying vacant in urban India.
Aiming at empowering the urban poor with legal rights, the United Progressive Alliance (UPA) government is initiating steps to provide property entitlements to them.
This could bring down the average approval time from the current 196 days to 45-60 days.
The real estate sector wants "high-impact" measures, like special schemes and tax breaks for developers, to revive the fortunes of the affordable housing segment in the country, multiple executives told Business Standard. This segment has been struggling since the Covid-19 outbreak, in contrast to larger and costlier homes which have been selling like hot cakes. The demand comes at a time when the government is taking suggestions from industry players before tabling the General Budget in the Parliament next month.
Private players may soon be roped in for developing slums under the Manmohan Singh government's ambitious Rajiv Awas Yojna.
Concept of a real estate Bill has been around in the government for almost 10 years now.
My aim will be to get the Real Estate (Regulation and Development) Bill, recently cleared by the cabinet, tabled and passed in Parliament, says Girija Vyas.
The Union ministry of housing & urban poverty alleviation has refused to dilute the penalties to be imposed on non-compliant promoters in the final version of the Real Estate (Regulation and Development) Bill, despite industry opposition to the concept of sending the offender to jail.
UN-Habitat is an important organ of the UN system dealing with all issues relating to human settlements.
UD Ministry will also give priority to linking of twin cities and infrastructure development of satellite towns and cleaning of religious cities across the country.
As many as 2,508 cities in 26 states have been selected under 'Pradhan Mantri Awas Yojana' for providing affordable houses to the urban poor.
The government has no proposal at present to release the report of the caste census carried out in 2011, the Rajya Sabha was informed on Wednesday.
Under the proposed scheme, there will be tripartite agreement with member, bank/housing agency and EPFO for pledging future PF contributions as EMI payment.
Full list of the rejigged Union Council of Ministers
Realty players want single window clearance for all affordable projects, reports Karan Choudhury.
While data can empower communities, it reinforces identities, making local politics more caste-centric, with decisions increasingly contested on the grounds of representation.
Such dynamics could lead to shifting alliances and, in the worst case, local governance getting paralysed as each group demands proportional power-sharing, explain Amitabh Kundu and Mehebub Rahaman.
Parrikar also said that if anybody decides to attack India, he will not remain silent.
For those in the EWS and LIG category who wish to take a loan up to Rs 600,000, there is an interest subsidy of 6.5 per cent for a tenure of 15 years.
Thirty eight per cent of slums are in big cities.
There will be tripartite pact with member, bank/housing agency and EPFO.
As per the norms, sanction for prosecution has to be decided within four months time of the CBI seeking such a permission.
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The Monsoon Session of Parliament will begin on August 5 and the Bill, after its introduction, is likely to be referred to the Standing Committee of Parliament for examination.
Sanitation is always clubbed with other departments, which lead to its neglect, says Devanik Saha.
Modi govt pushed very hard the concept of smart cities in 2014.
Minority Affairs Minister Najma Heptulla, who had crossed 75 years, resigned on Tuesday from the Union Cabinet along with Minister of State for Heavy Industries G M Siddeshwara.
The list has been sent to Governor Ram Naik for approval.
The Bharatiya Janata Party on Tuesday brushed aside former Union Minister Arun Shourie's statement that Prime Minister Narendra Modi 'managed headlines instead of economy', saying that the former had made such a remark since he was in pain for not being a part of the NDA government anymore.
Pradhan Mantri Awas Yojana envisages housing to 20 mn households by 2022.
'Wasn't it the PM's duty to reach out to the daily wagers of whom he claims to have been a part?' asks Jyoti Punwani.
Hours after 21 ministers took the oath of office and became a part of Prime Minister Narendra Modi's ministry, speculation began on which minister would be handed which portfolio. However, all speculation ended after the list was announced.
From Bollywood strong men to cricketing greats, celebrities upped the glam quotient this poll season. Some we will see as future MPs, the others just have to get back to business. Rediff.com takes a look at some popular faces, who fought Election 2019 and here's the verdict on them.
On Sunday, Prime Minister Narendra Modi expanded his Cabinet and inducted 21 new ministers. Of these, 4 - Manohar Parrikar, JP Nadda, Suresh Prabhu and Birender Singh were appointed as Cabinet ministers. Other than this, Modi has inducted 17 other ministers of state. Here's a quick look at them:
Indian economy about to take-off
President Pranab Mukherjee on Monday addressed the first joint sitting of Parliament as mandatorily required under the Constitution after the general elections. The address is the political, economic and foreign policy road map of the Narendra Modi government and covers virtually all crucial areas.
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