4 lakh houses will be built in Karnataka for the underprivileged: UT Khader

coastaldigest.com news network
December 10, 2018

Mangaluru, Dec 10: Urban development and housing minister UT Khader has said that the state government would build four lakh houses across Karnataka for the underprivileged sections of society, of which one lakh will be built in Bengaluru.

Affirming the Karnataka government’s commitment to the housing sector, he said that the government would render the process to obtain clearances for builders and developers simpler by introducing a single-window clearance system for no-objection certificates and licences. “This will be launched by chief minister HD Kumaraswamy in Bengaluru on December 15,” Khader said.

The minister said that he was looking to collect feedback to help improve living experience in urban spaces in the state. “As soon as I took charge of the urban development and housing department, I instructed officials to eliminate all middlemen and stressed the role of efficiency,” said Khader.

Elaborating on the nitty-gritty of the single-window system, Khader said, “The mechanism is supported by a software that will prevent builders from having to run from pillar to post to seek approval. Once the application is submitted to the system, the applicant will know if it has been accepted or rejected within seconds. The date of inspection will be sent to the applicant in 15 days, and the inspection itself will be completed within 30 days of the application’s submission.”

He said the government had identified an area of 1,000 acres in Bengaluru to construct one lakh houses for economically weaker sections of the society. “The CM will lay the foundation stone for the project on January 26,’ said Khader.

Comments

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2. mass murder 11 Jews at a Pittsburgh synagogue
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Hasan Zain
 - 
Monday, 10 Dec 2018

Great news for underprevilaged if it is completed on time as per announced. But sir what about middle Class, those who are living for ages and pay tax for their properties and still getting hard for ownership (Living on Atikraman Lands) especially in coastal karnataka. 

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News Network
April 29,2020

Bengaluru, Apr 29: Union Minister Ravi Shankar Prasad on Tuesday clarified that Department of Telecommunications has extended the relaxed terms and conditions for VPN till July 31.

"Wish to clarify that it is not extension of WFH. In response to IT Industry's request to facilitate WFH for OSPs, Department of Telecommunications, India had relaxed terms and conditions for VPN till April 30 After discussions with IT Ministers this relaxation in terms and conditions is extended till July 31," Prasad Tweeted quoting Deputy Chief Minister of Karnataka Dr Ashwath Narayan.

Earlier, the Karnataka government issued a press statement saying that the central government has given permission to IT professionals to work from home till July 31 in the view of COVID-19 pandemic.

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News Network
January 31,2020

Mangaluru, Jan 31: Mahesh Vikram Hegde, the co-founder of website 'Postcard News', known for spreading fake news on behalf of Sangh Parivar, was taken aback when he was asked to sing 'Vande Mataram' to prove his patriotism by a group of women activists at Mangaluru International Airport.

The video of the incident which occurred on Friday, days after editor-in-chief and co-founder of Republic TV Arnab Goswami was heckled by comedian Kunal Kamra on a flight, went viral on social media within hours.

Hegde was spotted by social activist Kavitha Reddy, and other young orators – Najma Nazeer and Amulya Leona – at the airport where he was waiting to board a plane to Bengaluru.

In a video, the three women are seen coercing Hegde to sing 'Vande Mataram' and prove his patriotism. In another video being circulated, the women are heard telling the journalist that he is getting an opportunity to become a 'hero' from 'zero' if he sings 'Vande Mataram.' However, he refused to open his mouth.

Reddy is seen asking Hegde whether he knew the time when Nathuram Godse assassinated Mahatma Gandhi.

Hegde was arrested in 2018 for posting a fake news aimed at creating communal conflict.

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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