Govt launches survey to find new 'enemy properties'

Image
Press Trust of India New Delhi
Last Updated : Mar 25 2016 | 5:42 PM IST
With an aim to find new enemy properties, the government has launched a survey in five states, including Delhi, for identification of movable and immovable assets once held by people who migrated to Pakistan.
"The survey work has started in five states -- Uttar Pradesh, West Bengal, Madhya Pradesh, Kerala and Delhi -- for identification of new enemy properties," a Home Ministry official said.
In order to detect more enemy properties in the states by conducting the survey in an organised manner, the Home Ministry has appointed 65 personnel for the task that include 50 surveyors and 15 accountancy and management personnel.
After the Indo-Pak war of 1965 and 1971 many people migrated to that country subsequent to which Indian government, in accordance with the Defence of India Rules framed under the Defence of India Act, took over the properties and companies of such persons who had taken Pakistani nationality.
These 'enemy properties' were vested by the central government in the Custodian of Enemy Property for India.
Among the enemy properties under the jurisdiction of custodian of Enemy Property of India in Mumbai are Rs 310 crore worth fixed deposits, treasury bill and government stock, Rs 177.6 crore worth bank balance and Rs 37.54 lakh gold and silver jewellery, as on December 31, 2015.
Officials said there are several thousand crores of rupees worth of 'enemy properties' spread across the country.
The survey was ordered before the Enemy Property (Amendment and Validation) Bill, 2016, which sought to amend the Enemy Property Act, 1968, was referred to a Rajya Sabha House Committee for detailed scrutiny last fortnight.
The proposed amendments include that once an enemy property is vested in the Custodian, it shall continue to be vested in him as enemy property irrespective of whether the enemy, enemy subject or enemy firm has ceased to be an enemy due to reasons such as death etc.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 25 2016 | 5:42 PM IST

Next Story