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Real Estate Forum on Niti Aayog

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Q: This model law will offer flexibility to land owners and tenants to decide on the term of lease and rent.

Latest Answer: Not only this Richa, this will also open up way to the provision of land for industrialization, which is fully within the state's jurisdiction and allow the landowner to retain ownership of land. It is a significant step after the Land Acquisition Act of 2013 that got stuck in Parliament.
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Q: Government has set up a committee to push innovative collaboration joint ventures involving investment of over 2000 crore with a view to create jobs, encourage exports and increase the prospective of revenue to the fund.

Latest Answer: Right Jack, The selected committee would analyze the proposal with regard to its appeal in public interest, having regard to employment generation and revenue generation for Government, import reduction, export promotion and similar social/economic ideas.
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