NDA government
With the government working closely with real estate companies to influx a renewed interest into the sector as a whole, Indian real estate companies are seeking a single window clearance mechanism from the government to streamline their projects across the country. With a relaxation in FDI norms in the real estate sector, a large number [...] Continue Reading »
Sitaram Yechury, the CPI (M) Polit Bureau member opines that the BJP government can acquire land only if 80 per cent of farmers give consent. The land pooling system under which the state government acquires lands from farmers and other land owners has come under fire as the CPI (M) Polit Bureau member and MP [...] Continue Reading »
The new land reform policies brought by the Land Acquisition Act shall be pushed irrespective of whether a consensus is reached or not. The NDA government is working on implementing fresh measures to ensure the execution of the new Land Acquisition Act. Finance Minister ArunJaitley in a recently mentioned that the government shall be implementing [...] Continue Reading »
The Indian stock markets has been on a dream Bull Run cycle with both the Sensex and Nifty50 reaching their record highs. Such has been the positive impetus of the Indian stock markets that the Bombay Stock Exchange or BSE has been one of the best performing global indexes in recent times. Amid all the [...] Continue Reading »
Clearing the decks for land acquisition under the UPA-enacted land acquisition law, the NDA government has notified the rules for its implementation. The new rules notified last month, while bringing clarity in the process of social impact assessment and reducing the scope for litigations, also addresses some of the concerns of the industry. Under the [...] Continue Reading »
The NDA government, in the Supreme Court, blamed the Congress-led UPA regime for the delay in setting up of an independent environmental regulatory authority which would help to monitor compliance of the green laws while asking for three more months to take a final call. Even as the Supreme Court had on August 4 rejected [...] Continue Reading »
The ‘Pradhan Mantri Jan Dhan Yojna’, to be launched on August 28, will provide a vital missing link in achieving the objective of “housing for all” by enhancing the access of urban poor to cheap credit through the formal banking system, a senior official said here. The government should play a role of enabler and [...] Continue Reading »
The land act has been in muddy waters ever since it was passed by the erstwhile UPA government. The Centre led by the NDA government is likely to set up a specialized agency to chart the resettlement and rehabilitation plan for families displaced by land acquisition. The agency, tentatively called the `R&R Board’, will take [...] Continue Reading »
Narendra Modi government’s ambitious plan of ‘Housing for All by 2022′ may be named after SardarVallabhbhai Patel. This choice was made keeping in mind the secular and strong image of the late ironman of India. Rajiv AwasYojna (RAY), named after the late former PM, will also get subsumed as all the existing housing schemes by [...] Continue Reading »
The NDA government’s vision for India includes amongst other things, the creation of around 100 smart cities. As India struggles with infrastructure problems around a focus on smart cities is turning out to be one of the best ways forward to mend this. It is important however, to define a ‘smart city’. The three prerequisites [...] Continue Reading »
