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Report on environmental clearance for Real Estate Projects 'not traceable' says ministry -Jayashree Nandi

-The Times of India NEW DELHI: The environment ministry has said that a report reviewing the requirement of environment clearance for Real Estate Projects and buildings is now "not traceable." This reply was given on an RTI enquiry filed in July that had asked for a copy of a committee report headed by K Kasturirangan, member, Planning Commission in 2013. The RTI had also asked for a report submitted by an expert...

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Builders may have to pay 11% interest on delayed projects -Prabhakar Sinha

-The Times of India NEW DELHI: Developers may have to pay 11.2 per cent interest to buyers for delay in handing over apartments and homes, according to draft rules unveiled by the government, a step seen as bringing relief to homebuyers reeling under the impact of delayed projects and mounting loan liabilities. The rules also say projects without a completion certificate will have to register with the Real Estate Regulatory Authority, to...

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12 important Bills that our lawmakers will seek to pass this Budget Session

-The Hindu The Budget Session of the Indian Parliament will be held from Feb. 23 to May 13, 2016 with 31 sittings in all. The agenda for this government, caught in the midst of various political storms such as Rohith Vemula’s suicide and the crisis at Jawaharlal Nehru University, would be to draw consensus among all MPs for 12 essential Bills. Most of them — listed below — have already been...

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Land pooling looks fertile, but Dholera farmers not reaping benefits -Namita Kohli

-Hindustan Times A little over a 100 kms south from the city of Ahmedabad, in the lush green cotton fields, speckled with creamy white cotton buds, locals will regale you with stories of farmers who sold their land and got rich. There is one about a few farmers in a nearby village, who sold their land to a corporate and bought the “chaar bangle waali car” (referring to the Audi logo)....

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Think different on infrastructure

-The Hindu When the going gets tough, public investment must be stepped up to pump-prime a slow-moving economy facing uncertain headwinds of low commodity prices and faltering international trade. When the going is good, the private sector would also have a role to play, Finance Minister Arun Jaitley has said, vowing to ramp up infrastructure investments in 2016-17. Ten months ago, in his first Budget for a full financial year, Mr....

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