Big DDA gift from Modi govt for Delhi shopkeepers, home buyers, businessman and flat allottees
"The @narendramodi Govt has done it again. #DDA has abolished conversion charges for shops in 100+ markets in #Delhi. It is a huge relief for over 50,000 shopowners. Now they can work honestly without fear or favoour".
It's a big bonanza and gift from Modi government for shopkeepers, home buyers, businessman and flat allottees in the national capital. Delhi Development Authority (DDA) has taken key decisions, including removal of conversion charges for over 100 markets in Delhi. The decision will impact more than 50,000 shopkeepers. The DDA meeting chaired by Lieutenant Governor Anil Baijal has abolished conversion charges for shops in over 100 markets, as report in IANS said.
Traders and shopkeepers have been protesting against sealing of shops in the capital.
The sops are also important as the trading community is feeling threatened with the advent of online marketplaces and a weak consumer sentiment which has hit business. Traders say that this year's Diwali was perhaps the most dull and low on sentiment seen in many years, the report added.
HUGE RELIEF! Modi govt has done it again!
Information and Broadcasting and Environment Minister Prakash Javadekar tweeted, "The @narendramodi Govt has done it again. #DDA has abolished conversion charges for shops in 100+ markets in #Delhi. It is a huge relief for over 50,000 shopowners. Now they can work honestly without fear or favoour".
The @narendramodi Govt has done it again. #DDA has abolished conversion charges for shops in 100+ markets in #Delhi. It is a huge relief for over 50000 shop owners. Now they can work honestly without fear or favour. @BJP4Delhi @BJP4India
— Prakash Javadekar (@PrakashJavdekar) November 15, 2019
मोदी सरकार का एक और बड़ा कदम, दिल्ली के 100 बाजारों में स्थित दुकानों के लिए 'कन्वर्जन चार्ज' को समाप्त कर दिया है।
यह 50000 से अधिक व्यापारियों के लिए एक बड़ी राहत है। अब वे बिना किसी डर के अपना रोजगार चला सकते हैं। #DDA #Delhi @BJP4India @BJP4Delhi— Prakash Javadekar (@PrakashJavdekar) November 15, 2019
Master Plan Delhi-2021
The DDA meeting also took other key decisions, including modification of the Master Plan Delhi-2021 to ease setting up of household and services industries and ease of disposing big-ticket plots.
LG Anil Baijal said in a tweet: "Chaired @official_dda Authority meeting. Authority recommended modification of MPD-2021 to simplify setting up of household/service industries & liberalise mode of disposal of institutional category plots to freehold basis".
Chaired @official_dda Authority meeting. Authority recommended modification of MPD-2021 to simplify setting up of household/service industries & liberalise mode of disposal of institutional category plots to freehold basis. pic.twitter.com/o8FRsXceCF
— LG Delhi (@LtGovDelhi) November 14, 2019
DDA flats booked online
The DDA will also amend the Master Plan to allow amalgamation of residential plots and and more time for payment of DDA flats booked online.
Key decisions also include proposed amendments in MPD-2021 to allow amalgamation of residential plots upto 200 sqm & Extension of Time (EOT) for payment for flats booked through online scheme to facilitate allottees.
— LG Delhi (@LtGovDelhi) November 14, 2019
"Key decisions also include proposed amendments in MPD-2021 to allow amalgamation of residential plots upto 200 sqm & Extension of Time (EOT) for payment for flats booked through online scheme to facilitate allottees", LG said in another tweet.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
10:37 AM IST