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States to have greater say in three flagship schemes

-PTI The Prime Minister on Thursday launched three missions on Smart Cities, Atal Mission for Rejuvenation and Urban Transformation, and Housing for All. States and Union Territories will have a greater say in implementation of the three flagship schemes for urban development launched by Prime Minister Narendra Modi on Thursday, as per the guidelines issued. Operational guidelines for implementation of Smart Cities, Atal Mission for Rejuvenation and Urban Transformation (AMRUT) and Housing for...

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Realty sector: Getting the foundation right

-The Indian Express As several steps taken by the Centre for the sector hangs fire, clarity and implementation of ‘Housing for All’ scheme would be the key for its success. The Union Cabinet approved its flagship ‘Housing for All’ scheme this week, with a 2022 target and a renewed emphasis on the low-income group categories by way of relaxed income limits and higher interest subvention. While the government seems to have struck...

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Figures don’t lie: Housing loans for poor declining -Dipak K Dash

-The Times of India NEW DELHI: Terms like inclusive growth and roof-for-all may have gained political currency in the recent years, but trends show how public sector banks and Housing Finance Corporation (HFC) are reluctant to provide housing loans to the poor and lower middle class. The data that was presented before MPs at the consultative committee of urban development and housing alleviation on Wednesday highlighted how the outstanding housing loans up...

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Cabinet recommends re-promulgation of land ordinance

-ANI/ The Times of India NEW DELHI: The Union Cabinet on Saturday recommended re-promulgation of the controversial Land Acquisition Ordinance. The land ordinance will be issued for the third time. The Ordinance was promulgated for the first time in December last year to amend the 2013 Act. Despite being passed in Lok Sabha, the government did not take it to Rajya Sabha as it lacked numbers there. The Ordinance was re-promulgated in March...

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Can’t blame UPA Land Acquisition Bill for stalled projects: RTI

-The Economic Times NEW DELHI: The land acquisition law passed by the previous government may not be the villain of the piece when it comes to stalled projects, according to data generated by a Right to Information (RTI) query. The Modi government's determination to amend the land acquisition law in the teeth of resistance from farmers and political parties has stemmed from the legislation's apparent role in just this — bringing projects...

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