-The Times of India NEW DELHI: The devastation in the Garhwal Himalayas was pretty much on predicted lines and man-made. An environmental assessment of the Bhagirathi and Alaknanda rivers three years ago by the Comptroller and Auditor General (CAG) had warned of severe hazards both for natural ecology and stabilization of hill slopes along the riverbed, erosion of which has resulted in hundreds of casualties in the flash floods. The report --...
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Union Cabinet approves regulator for real estate, lays down norms to help home buyers
-The Times of India NEW DELHI: The Union Cabinet on Tuesday cleared a legislation to set up a long-pending real estate regulator aiming to protect home buyers from unscrupulous Developers and builders. A real estate regulator - to be set up in every state - will ensure that private Developers get all their projects registered with it before sale and only after obtaining all necessary clearances. "It will be mandatory for Developers under...
More »In recent times, every scam’s trail has led to dubious deals in real estate -Ravi Teja Sharma & Viney Sharma
-The Economic Times NEW DELHI and CHANDIGARH: It is not without reason that the quintessential real estate firm has become the epicentre in all scams in India in recent times. From Satyam to 2G, Vadra to Saradha and now Railgate - every scam's trail leads to fraudulent investments and dubious deals in the real estate sector. Not only does the barely regulated sector allows rampant transactions in black money allowing scamsters...
More »Sunny future -Sujay Mehdudia
-The Hindu As a sun-swept country, India should have been a pioneer in the use of solar power with a photovoltaic panel on every roof. Good policy can help make up for lost time. Solar is the most secure of all energy sources, since it is abundantly available in India. With crippling electricity shortages, the price of electricity traded internally touched Rs. 7 a unit for base loads and Rs. 8.50 during...
More »Where there is a will, not bill, there is a way
-The Telegraph Two companies running investment schemes have been shut down in Bengal within 48 hours of little more than an assertion by the chief minister, raising questions why the Trinamul government dragged its feet on Saradha by citing lack of legislation and complaints. Police have sealed some offices of MPS Greenery Developers Ltd and Prayag Infotech Hi-Rise Ltd following complaints of cheating. Both figure on a list of companies against which...
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