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Uttarakhand government to reduce land circle rates by 50 %

Uttarakhand government to reduce land circle rates by 50 %
07 June 2016 Current Affairs:  The Uttarakhand government  has decided to reduce land circle rates in urban and peri-urban areas by around 50%.The state Cabinet gave its nod to a proposal recommending about 50% reduction in land circle rates, revising its own decision taken in January this year.

The state government had effected an increase of 10-30% in land circle rates in January this year, drawing flak from a number of quarters and Opposition Bharatiya Janata Party, which has since been demanding revision of circle rates to bring relief to the common man.

Circle rate is the minimum value fixed for land, house and other real estate transactions.

The move is seen as another populist decision by the state government with an eye on the state Assembly elections due in early 2017.The government has held a slew of Cabinet meetings to take decisions intended to please the masses, including regularisation of guest teachers.

 


March 2017 Current affairs
23 MAR
NEWS
22 MAR
NEWS
21 MAR
NEWS
20 MAR
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18 MAR
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17 MAR
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February 2017 Current affairs
28 FEB
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27 FEB
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25 FEB
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24 FEB
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23 FEB
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22 FEB
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January 2017 Current affairs
31 JAN
NEWS
30 JAN
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28 JAN
NEWS
27 JAN
NEWS
25 JAN
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24 JAN
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December 2016 Current affairs
31 DEC
NEWS
30 DEC
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29 DEC
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28 DEC
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27 DEC
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26 DEC
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November 2016 Current affairs
30 NOV
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29 NOV
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28 NOV
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26 NOV
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25 NOV
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