No subsidy, Karnataka government plans to pay housing loan interest

News Network
November 27, 2019

Bengaluru, Nov 27: The state government plans to revisit existing affordable housing schemes that offer subsidies on home loans and replace them with interest-free home loans.

This is part of the government’s mission to promote PM Modi’s ‘housing for all’ scheme. The government plans to build 19 lakh houses in 30 months.

If everything goes to plan, the government will do away with existing housing subsidies and pay the interest on principal of up to Rs 12 lakh in urban areas and Rs 6 lakh in rural areas.

As per the draft, beneficiaries must repay only the principal to banks. The state will bear the interest for a period of 15 years (maximum loan tenure). The government will pay interest of 6.5% a year on the Rs 12 lakh loan (urban areas) and 8% a year on the Rs 6 lakh loan (rural areas).

Loans for houses under three models

Any principal or interest above the limit will have to be borne by the beneficiary. The houses will have carpet area ranging between 330sqft and 450sqft. Karnataka Housing Board, urban local bodies, Nirmithi Kendras and Karnataka Road Infrastructure Development Corporation and empaneled units will be the implementing agencies.

The loans will be offered under three models. First, loans will be provided by combining Rs 6 lakh from the central government and Rs 6 lakh from the state under Pradhan Mantri Awas Yojana in urban areas and Rs 6 lakh in rural areas.

The second is the public-private partnership model. Under this, the government and private agency will share sites on developed land and the beneficiaries will buy the developed house or construct their own through an association formed by them.

If the beneficiary opts to purchase a developed home which is more than the upper limit of the loan, then she has to pay remaining amount.

In the third model, a private agency will develop the land and hand over a 50% share of the land to the government, which will distribute it to the beneficiaries. The state has sought to increase the financial eligibility of beneficiaries for housing scheme to Rs 3 lakh from the present Rs 87,600 in urban areas and Rs 32,000 in rural areas.

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News Network
April 22,2020

Mangaluru, Apr 22: A team of officials raided the Big Bags International Pvt Ltd premises here on Tuesday following the apprehensions expressed by locals that the company has violated lockdown rules by resuming operations on April 20.

On Monday several workers of the firm from Kerala, Tumakuru and Bengaluru were reported to be at the premises to resume operations.

The raiding team asked the management to temporarily shut down operations and asked the workers to leave the place.

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News Network
April 9,2020

New Delhi, Apr 9: The Delhi Police has traced Tablighi Jamaat leader Maulana Saad Kandhalvi, who has been on the run after an FIR was registered against him for organising a religious gathering last month despite restrictions to combat the coronavirus, sources said on Wednesday.

The cleric has been traced to Zakir Nagar in southeast Delhi, sources said.

His lawyer Tauseef Khan, however, said Saad is under self-quarantine and will join investigation after his quarantine period is over.

On March 31, Delhi Police's Crime Branch lodged an FIR against seven people, including the cleric, on a complaint by Station House Officer Nizamuddin for holding the congregation here allegedly in violation of the orders against large gathering and not maintaining social distancing to contain the spread of coronavirus.

A day later, the Delhi Police's Crime Branch wrote to Saad and others, seeking the details under Section 91 of the Code of Criminal Procedure. A second notice was also issued to him this week.

"Saad is currently under self-quarantine and will join investigation once the period of 14 days gets over," his advocate, Tauseef Khan, told PTI.

Saad's quarantine is expected to end next week.

His lawyer said a reply to the second notice will be given soon.

In an audio message last week, Saad said he was exercising self-quarantine after several hundreds who visited the Tablighi Jamaat's Nizamudddin markaz tested positive for coronavirus.

Visited by thousands last month, the Nizamudddin centre also turned out to be a hotspot for spread of coronavirus not only in national capital and country.

According to the FIR, the Delhi Police contacted the centre on March 21 and reminded them of the government order that prohibited any political or religious gathering of more than 50 people.

However, no one paid any heed to the police's direction, it said. Moreover, an audio recording purportedly of Saad was found in circulation on WhatsApp on March 21, in which he was heard asking his followers to defy the lockdown and social distancing and to attend the religious gathering of the Markaz.

On March 24, the government ordered 21-day nationwide lockdown and restricted any social, political or religious gathering.

The same day a meeting was held at Hazarat Nizamuddin police station between SHO and officer bearers of the centre.

The meeting was attended by Saad, Mohammad Ashraf, Mohammad Salman, Yunus, Mursaleen Saifi, Jishan and Mufti Shehzad and they were informed about lockdown orders.

So far, several hundred cases of COVID-19 cases across the country have been found to be linked to the Tablighi Jamaat congregation held in Delhi last month.

More than 25,500 Tablighi members and their contacts have been quarantined in the country after the Centre and the state governments conducted a "mega operation" to identify them.

At least 9,000 people participated in the religious congregation in Nizamuddin. Later, many of the attendees travelled to various parts of the country.

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News Network
May 4,2020

The government of India today said it will begin evacuating its nationals stuck abroad due to the coronavirus pandemic from May 7 in a phased manner. This facility would be made available on payment basis. 

A Standard Operating Protocol has been put in place and the travel would be arranged by aircraft as well as naval ships and will be available on a payment-basis, the government said.

"Medical screening of passengers would be done before taking the flight. Only asymptomatic passengers would be allowed to travel. During the journey, all these passengers would have to follow the protocols, such as the health protocols, issued by the ministry of health and the ministry of civil aviation," it said in a statement.

Specifying the protocols upon entry in India, the government said the returning Indians would be medically screened and will have to be quarantined for 14 days, either in a hospital or in an institutional quarantine on payment-basis, by the respective state government.

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