[ad_1]
Prime Minister Narendra Modi on Tuesday praised the Work from Home (WFH) mannequin, saying it proved extremely helpful to the city middle class during the Covid-19 pandemic.
“The rules framed for WFH during the corona period made the lives of the urban middle class much easier,” he mentioned after inaugurating the Transforming Urban Landscape Conference-cum-Expo organised by the Union housing and concrete affairs ministry.
The three-day occasion showcases the potential transformative city missions and is a part of the Azadi@75 celebrations.
In one of many uncommon events when Modi spoke on points confronted by the middle class, he claimed the central authorities had undertaken a slew of measures to alleviate the challenges and issues confronted by them.
Referring to the Real Estate Regulatory Act (RERA), he mentioned it was aimed toward assuaging the most typical grievances confronted by the middle class relating to the last word dream of proudly owning a everlasting home.
“RERA has facilitated in timely dispense of justice to the aggrieved people, and prevented the spectre of distrust and fraud in the real estate sector. We have also created a special fund worth several thousands of crores to help the middle class,” the PM mentioned, including the Centre was offering funds and curiosity subsidy for housing initiatives.
“We have also framed the Model Tenancy Act and circulated it among the states. I am happy to share that Uttar Pradesh has already implemented it,” Modi mentioned, including the Act won’t solely resolve the long-pending difficulties confronted by the landlords and tenants, but in addition facilitate simpler tenancy offers and promote funding within the housing sector.
Dear Reader,
Business Standard has all the time strived arduous to supply up-to-date data and commentary on developments which are of curiosity to you and have wider political and financial implications for the nation and the world. Your encouragement and fixed suggestions on tips on how to enhance our providing have solely made our resolve and dedication to those beliefs stronger. Even during these troublesome occasions arising out of Covid-19, we proceed to stay dedicated to protecting you knowledgeable and up to date with credible information, authoritative views and incisive commentary on topical problems with relevance.
We, nonetheless, have a request.
As we battle the financial influence of the pandemic, we want your assist much more, in order that we are able to proceed to give you extra high quality content material. Our subscription mannequin has seen an encouraging response from a lot of you, who’ve subscribed to our on-line content material. More subscription to our on-line content material can solely assist us obtain the targets of providing you even higher and extra related content material. We consider in free, truthful and credible journalism. Your assist by way of extra subscriptions will help us practise the journalism to which we’re dedicated.
Support high quality journalism and subscribe to Business Standard.
Digital Editor
[ad_2]