Monday, November 3, 2014

Pay 20-80% more for your water bill

It is a cold water jolt from the BWSSB. The average Ben galurean will now have to pay up to a whopping 80 per cent more on her previous water bill.While the BWSSB has increased water tariff in the range of 19% to 80% depending on consumption pattern, the mid-level consumers who use between 25,000 and 50,000 litres will be the hardest hit. The tariff revision comes after nine years, the last one being in February 2005. Here's how the bills have been upped: minimum water tariff (08,000 litre monthly consumption) has been increased by 17%, that is from Rs 48 to Rs 56 for domestic users. For those consuming between 8,000-25,000 litres, the per 1,000 litre tariff has been increased from Rs 9 to Rs 11 (22%). 

Similarly, for those consuming between 25,000-50,000 litres of wa ter, the per 1,000 litre tariff has been hiked from Rs 15 to Rs 26 (73%). And, for those consuming above 50,000 litres, the per 1,000 litre tar iff is Rs 45, clubbing two slabs be tween 50,000-75,000 litres and 75,000 litres and above. 

Earlier, the per 1,000 litre tariff for those consuming between 50,000 75,000 litres was Rs 30 which has now been increased by 50% to Rs 45 and for the second slab, the per 1,000 litre was Rs 36, which has now been increased by 25% to Rs 45. 

Overall, close to 6.7 lakh do mestic users will be affected, but BWSSB maintains that the actual hike in minimum tariff is less than what it wanted to increase. In No vember last year, the board had pro posed a minimum hike of 50%. 

"What the common man wants is BIPASA — bijlee, pani and sadak.Any government who provides these services is the best managed government. Unfortunately the people of Karnataka have never seen those days," said Jacob Crasta, co-chairman, Assocham, Southern Council. 

"In Europe you can drink tap water but drink BWSSB water and one gets typhoid or jaundice. Some 40% of water is not billed. One bottle of mineral water cost Rs 20. Any hike in water tariff should be done only if they can qualify to supply drinking water. They should quit harassing the common man if they cannot manage it properly. If any professional company does not manage properly, the management changes its CEO. The government should follow suit for its agencies," added Crasta.


Source TOI 3-11-14

Tuesday, October 14, 2014

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Wednesday, September 17, 2014

CM Siddaramaiah government makes buying farmland easier in Karnataka

BANGALORE: Karnataka has made life a lot easier for investors by doing away with the need for getting farmland converted for industrial use after a project is approved by the government.

"The agriculture land where an investor has proposed a project is deemed converted once it is cleared at the highest level," Chief Secretary Kaushik Mukherjee told ET. "This will open up flood-gates for good industrial development." A high-level committee chaired by the chief minister clears investment proposals above Rs 50 crore, and those below that are approved by a single-window committee, headed by the chief secretary.

The government of Chief Minister Siddaramaiah has pushed this significant change through an amendment to Section 109 of the Karnataka Land Reforms Act, 1962. The relief is applicable to educational institutions, housing and horticulture (green-house) projects as well as places of worship. Those investors failing to set up industries within the timeline prescribed will, however, have to surrender the land to the government.
"This is the single-most-important ingredient of the government's new industrial policy," the chief secretary said, adding that the government came under resistance while trying to push for this change. "There was a lot of corruption at lower levels and proposals often got stuck because of the conversion requirement," he added.

Corporates see this as a welcome relief. According to TV Mohandas Pai, chairman of Manipal Global Education Services, the amendment will empower farmers to sell their land directly to the highest bidder. "Because of the reduction in processes, farmers will get a better price while buyers a quicker conclusion of possessing the land," he said. According to Ramadas Kamath, executive vice president at Infosys, his firm has gone through the pain of land conversion for each of its projects in the past. Source
K R Balasubramanyam, ET Bureau Sep 15, 2014, 05.48AM IST

Monday, January 6, 2014

Bangalore break records in new home launches

Bangalore

The country’s IT capital saw the highest number of new residential property launches between January and September of 2013 among Indian cities. The final number for the year could be the highest ever for the city.

Bangalore is estimated to have accounted for a record 30% share of the 1.32 lakh units launched across the top eight cities in the country in the first nine months of 2013, a reflection partly of the positive sentiments in the IT industry through most of the year. NCR accounted for 23% of the overall pie, followed by Mumbai with 19.14%, Pune 11.29% and Chennai with 7.25%.

In the same period of 2012, Bangalore accounted for just 9.25% of the total 1.25 lakh new launches, while NCR had the largest share of 34%. So in 2013, Bangalore saw a whopping 205% growth over 2012. Chennai, NCR and Pune reported negative growth rates of 44%, 28% and 26% respectively. Mumbai had a modest growth of 19%.

Source: TOI, Bangalore