Why Huge Housing Scheme Named for Sardar Patel Will Annoy Congress
The ambitious new scheme - the Sardar Patel Urban Housing Mission - will trump and subsume several existing programs that are named after Congress leaders
Oct 17, 2014
Source : ndtv.com
Narendra Modi

 

New Delhi: After the Prime Minister listed a "roof over every Indian's head" by 2022 as a priority, sources in the government say a large component of the new housing-for-all scheme will be named after iconic Gujarat leader and freedom fighter Sardar Vallabhbhai Patel.

Sources said the ambitious new scheme - the Sardar Patel Urban Housing Mission - will trump and subsume several existing programs that are named after Congress leaders and former prime ministers Rajiv and Indira Gandhi, and are designed to provide low-cost housing to the urban poor.

The government's plans are likely to provoke the opposition Congress into reiterating charges that Mr Modi's administration appropriates the schemes and reforms of its predecessor; frequently, Congress leaders have alleged this reflects the new government "has no imagination."   

The fact that programmes named after its top leaders will now be rolled into an over-arching scheme will also be seen by the Congress as an insult. Then, there's the Congress' contention that Mr Modi has made a heavy-handed attempt to take possession of the legacy of Sardar Patel, a Congressman.

Mr Modi, after coming to office, has committed $33 million or overRs. 200 crores of government money to help fund the construction of the world's tallest statue, in honour of Sardar Patel at a river island in Gujarat.  

The elaborate project has been seen as a public reprimand by the BJP to the Congress for allegedly overlooking the contribution of a great leader by a party devoted to promoting and honouring only the Nehru-Gandhi dynasty.  


Recently, Urban Development Minister Venkaiah Naidu announced that the government is committed to the construction of 30 million new houses by 2022.

The government's big new scheme aims at providing cheaper housing loans and helping low-income residents in urban areas by providing a down payment. Sources say the construction laws will also be liberal - allowing more built-up space, for example - to draw real estate developers to build what will be council-type flats.

The Sardar Patel Urban Housing Mission proposal is being vetted by the Expenditure and Finance Committee of the government. Once the committee clears the proposal, a note will be prepared for the clearance by the Cabinet. 

Latest Realty News

Bangalore - BDA Sets New Sale Record
Oct 17, 2014
Bangalore : A BDA residential site sets a new sale record by attaining an incredible amount when the Bangalore Development Authority (BDA) set up theJayanagar plot for sale
UP govt to tighten noose of land mafias and fraudsters
Oct 16, 2014
To identify and end land frauds in GB Nagar, district administration has kicked off drive to identify such land
Guidance value to shoot up by 20-30% from November
Oct 16, 2014
Planning to buy a plot or flat? Hurry up, for the Karnataka government is set to increase guidance values by 20-30% from November
BDA to Hire Pvt Firm to Process Building Plans
Oct 16, 2014
Getting a building plan approved in the Capital is set to get simplified with the Bhubaneswar Development Authority (BDA) deciding to hire a private firm to deal with the applications
Realty body APREA seeks greater tax clarity for REITs, InvITs
Oct 16, 2014
Real estate industry body APREA has sought greater clarity on taxation issues for the newly created investment vehicles REITs and InvITs
DDA Housing Scheme Closes; 7.5 Lakh Applications Received
Oct 16, 2014
The DDA has received a total of 7.5 lakh applications for it flagship 'Housing Scheme 2014',
Committee searches for encroached plots
Oct 16, 2014
Six squads under the newly formed Central Enforcement Monitoring Committee have identified 55 encroached government plots in and around the city within two weeks
Office space: Polar Star Realty Trust files for a $100 million IPO
Oct 16, 2014
Polar Star Realty Trust, a REIT formed to own office and industrial property in Norway and Sweden, filed with the SEC to raise up to $100 million in an initial public offering
Canada offers to partner India in 'housing for all'
Oct 16, 2014
Canada expressed interest in participating in India's ambitious programmes of 'Housing for All' and building 100 'smart cities' and offered its technology in this regard
Centre reduces green zone, hope for Okhla home buyers
Oct 16, 2014
In a partial relief to about 30,000 home buyers, the environment ministry has issued a draft notification earmarking 100 metres to 1.27 km from the Okhla Bird Sanctuary as an eco-sensitive zone

Latest Realty News Of State

Realty Talk's