Punjab Cabinet approves allotment of 25,000 EWS houses

24 Dec 2021 CW Team

Approval for the allotment of 25,000 economically weaker section houses has been given by the Punjab government. These dwelling units are expected to have a size of around 30 square meters and will be available on rent for families economically weaker than other individuals in the area. The applications for these dwellings as well as necessary documents should arrive from eligible applicants according to approved policy.

Nearly 25,000 EWS families of the state will be reaping benefits due to this scheme. The statement said 397.048 acres are currently available for housing development with local authorities and that 80 percent of each plot will be used for houses and 20 percent for a school, dispensary, playground, or community centre.

In every EWS pocket, the area set aside is 80% to build homes and 20% to build an educational facility such as a school or clinic.

On March 9, 2021, the Punjab cabinet gave the go-ahead to an EWS housing policy. It specified that 25,000 houses would be built by special urban planning and development authorities. The state cabinet also decided to reduce 10 percent simple interest plus three percent penal interest on outstanding dues of developers with a move that will give relief both for developers and the real estate sector in general.

The cabinet approved exempting contract carriage vehicles from motor vehicle tax during the COVID-19 pandemic period. The exemption will be applicable only to those who are registered under a contract as per their provisions, in terms of May 20th, 2020 till December 31st, 2020, and March 23rd, 2020 till December 31st, 2020 respectively.

Image Source

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..