Maharashtra continues to dole out sops to struggling real estate sector

first_imgAs part of the series of concessions being granted to the real estate sector, which is facing a credit crunch, the State government aims to help relax the ban on construction in the buffer zone around flamingo sanctuaries in Mumbai and Thane.Ahead of the Assembly polls, the State government is pushing the Union Ministry of Environment, Forest and Climate Change (MoEFCC) to notify Eco Sensitive Zones (ESZs) around the sanctuaries. The notification will help real estate developers seek a relief from the ban imposed by the apex court on construction within the buffer zone. Real estate bodies have submitted an affidavit to the courts on the need to lift the ban for the benefit of the industry. ‘Fast-track proposal’According to the Supreme Court directive dated December 11, 2018, unless the State government notifies ESZs, a 10-km buffer has to be marked from the boundaries of flamingo sanctuaries. As per the directive, construction will be banned within or around the buffer zone. Real estate representatives have demanded the proposal to declare the sanctuaries as ESZs be put on the fast track. An environment department official said, “We have done our bit to mark out the ESZs and forwarded the proposals to the (MoEFCC) from the Mangrove Cell of the Maharashtra Forest Department. The developers have moved the courts seeking relief from the ban, which will become easier once ESZs are marked.”In the recent past, the government has relaxed a variety of environmental permissions while lifting cess and premium charges on projects to support the real estate sector. Twelve demands made by industry associations have been approved, including the submission of development proposals simultaneously to the planning authority and the Maharashtra Coastal Zone Management Authority (MCZMA). According to the existing practice, proposals in Coastal Regulation Zone (2) area are submitted first to the planning authority and later to the MCZMA. The government has decided to exempt real estate projects from an online system, which monitors commercial, information technology and green building projects. The Project Proponent (PP) will no longer be made responsible for operation and maintenance of pollution control systems in a housing society. Maharashtra Pollution Control Board regulations mandate that the PP be held responsible for five years for systems installed after the formation of a housing society in a residential project.Last week, Chief Minister Devendra Fadnavis had approved a slew of fiscal concessions to the struggling construction sector, setting the State exchequer back by ₹800 crore. Among the measures were the removal of development cess on the additional floor space index component. The premium charged in case of residential projects was reduced to 35% from 50%, while the commercial charges in the category were brought down to 40% from 60%. The premiums on construction of information technology parks, redevelopment of Maharashtra Housing Area Development Authority structures too was reduced by 50%, officials said.last_img read more

Tiger Pataudi- the born leader

first_imgM.A.K. Pataudi, who passed away on Thursday in Delhi, was a born leader – someone who defied the odds to emerge as one of India’s most successful captains.After 12 captains in a decade and half, there was a crying need for a stable, unbiased, charismatic captain in the 1960s. It is at this stage that Pataudi made his entry on the national scene. With the seniors unwilling to take on the responsibility, a 21-year-old Tiger, just three Tests old, suddenly found himself installed as the team’s skipper in March 1962.Though few knew it then, a new era in Indian cricket had begun – the Pataudi era.Even with his visual impairment, he showed the foresight of a champion.After becoming the youngest captain in the world, he made some bold moves that went on to define his leadership. In a first in world cricket at that time, it was Pataudi who had the guts to employ the spin quartet.Against conventional thinking, as had become customary with him, Pataudi regularly used three spinners against the opposition, realising India’s only chance lay in playing to their strengths.The Nawab of Indian cricket led India in 40 off the 46 Tests he played between 1961 & 71, leading India to nine famous victories to make him India’s most successful leader for a long time to come.Fittingly, it was under his captaincy that India clinched their first Test series win on foreign soil, when they defeated New Zealand 3-1 in 1967-68.Sixties was the decade when Indian cricket started becoming a force to reckon with. Be it the formation of the famous spin-quartet or the ushering in of a vast improvement in the fielding or the forging of a winning spirit in a disarrayed team, Mansur Ali Khan Pataudi was at the head of them all.advertisementHe was called Tiger not for nothing. It wasn’t just a name, it was an attitude.last_img read more

Gujarat was a major example of helplessness: Former President K.R. Narayanan

first_img“Naik has become khalnaik.” Suresh Pachouri, Congress leader, on Union Petroleum Minister Ram Naik, after the petrol pump allotment scamVOICES “A s a president, I often felt helpless when delegations told me their woes and I couldn’t do anything about it. Gujarat was a major example of helplessness.” K.R. Narayanan,,”Naik has become khalnaik.” Suresh Pachouri, Congress leader, on Union Petroleum Minister Ram Naik, after the petrol pump allotment scam VOICES “A s a president, I often felt helpless when delegations told me their woes and I couldn’t do anything about it. Gujarat was a major example of helplessness.” K.R. Narayanan, former President “Let us not have any assumption that an election is the key to the solution. That is over-optimistic.” Karan Singh, former Union minister, on the elections in Jammu and Kashmir “It was the duty of the Weightlifting Federation of India to fully inform lifters about the rules pertaining to doping tests.” Uma Bharati, Union sports minister, after two weightlifters failed the dope tests at the Commonwealth Games “They go to Dubai on chartered flights and entertain the dons. All these threats are because of this.” M.N. Singh, Mumbai Police chief, on a section of the film industrylast_img read more