Maha govt announces housing concessions for EWS

Image
Press Trust of India Mumbai
Last Updated : Jun 28 2016 | 8:43 PM IST
Maharashtra government today decided to offer various concessions to the economically weaker sections (EWS) for projects under its ambitious "housing for all" scheme.
"Land for such affordable housing projects will be allotted to the government housing agencies at nominal rates as per this cabinet decision," said an official from the Chief Minister's Office.
He said a 50 per cent concession will be given in the surveyor and development cost while stamp duty is being fixed at Rs 1,000 for houses meant for the EWS.
In another decision, the cabinet also decided to bring down the retirement age for teaching and non-teaching staff in Higher and Technical Education department to 60 from 62.
"Retirement age for the post of Principal has been kept as it is at 65, subject to a performance review as mentioned in the earlier decision," said an official from Education department.
The cabinet also decided to introduce new Maharashtra Electricity Duty Act 2016 replacing earlier law of 1958.
"The Act is necessary in view of new concepts like power trading, exchange of power, open access, de-licensing of electric generation," said an official from Energy department.
He claimed that the new law will benefit the state exchequer as several consumers were using electricity from various service providers who are currently out of ambit of power duty.
The cabinet also decided to set up 'Punyashlok Ahilyadevi Holkar Government Agriculture College' at Halgaon in Ahmednagar district.
*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: Jun 28 2016 | 8:43 PM IST

Next Story