Land development order

GURUGRAM: The GMDA has started identifying and demarcating all of its land assets through a process of GIS mapping, a senior official said.The process will include marking of survey monuments at every 500 metres which will allow the metropolitan authority to keep a track of all its land thereby checking the encroachments.The official added that the survey started has around a few weeks back and is expected to be completed by July end.“We face an issue every time there is an anti-encroachment drive because there are a lot of loopholes in the revenue records themselves. There are also differences between the land records of two government departments, hence, we have initiated this exercise to demarcate the land accurately,” he said.Other than the demarcation, the process will also lead to an online record of all GMDA’s lands in the city. The main objective, the official said, is to ensure that they don’t face issues while freeing land from encroachments and it can … [Read more...] about Gurugram development body to digitise its land records by July-end

Yogi Adityanath government in Uttar Pradesh has issued a notification for acquisition of over 48 hectares of land to relocate around 3,600 people affected by the Jewar International airport project.The move is an attempt to fast-track the construction of the airport.The notification issued under section 19 (1) of the Land Acquisition Act on July 11, also paves way for compensation to the people affected by the greenfield project. This is seen as an alternative to New Delhi's Indira Gandhi International (IGI) airport for the people living in the National Capital Region (NCR).The notification was issued by Special Secretary, Civil Aviation, Surendra Singh, and is for the acquisition of 48.097 hectares of land in Gram Jewar Bangar for which the Uttar Pradesh government had issued the preliminary notification on April 13, suggesting identification of land for relocation of the affected farmers.The land acquisition in Jewar had hit uncertainty in 2018 after farmers objected to it, citing … [Read more...] about Uttar Pradesh government orders relocation of farmers in Jewar airport project

China’s central bank, People’s Bank of China (PBoC), has dropped down its shareholdings in Housing Development Finance Corporation (HDFC) to below 1%. According to the details filed in the regulatory exchange, PBoC has dropped off a part of its stake in the Indian mortgage lender making its holding to be less than one per cent as of end-June.In the March 2020 quarter, China’s central bank bought 1.01% stake in HDFC which is 17.49 million shares.It is necessary that publicly-listed Indian companies should disclose their shareholdings more than one per cent at the end of every quarter. However, it is unclear if the Chinese Central bank continues to hold any stake in HDFC. As per some of the market sources, PBoC may have sold a part of their shares in the open market.In April, India had put strict rules on investments in companies from neighboring nations including China in order to reduce the risk of takeovers in the light of fall in share prices due to pandemic.As per … [Read more...] about China’s Central Bank cuts stake to less than 1% in HDFC

While he often shares posts with fringe and discredited views on a number of topics, Evans often stops short of endorsing them himself instead asking his followers to discuss their contents. Predictably, his posts bring a lot of conspiracy theorists out of the woodwork. … [Read more...] about Pete Evans new social media posts with bizarre COVID-19 claims

Third, external demand for various products (or goods or commodities) and services is better than expected. As the emerging world becomes the virus epicenter, it leaves a limited impact on China's exports compared to the previous period. The resumption of work in the United States, the increasing demand for work from home and the coronavirus prevention measures help maintain steady overseas demand. … [Read more...] about Economic recovery brightens mood, but uncertainty lingers