Minister Piyush Goyal warns builders, officials over delays in Mumbai redevelopment projects
Live Events
(You can now subscribe to our
(You can now subscribe to our Economic Times WhatsApp channel
Union Commerce & Industry Minister Piyush Goyal has issued a stern warning that builders and officials causing delays or disruptions in redevelopment projects in the country's financial capital Mumbai will face stringent consequences, including blacklisting and potential imprisonment.'True development is not just about GDP figures. It begins with ensuring every citizen has a safe, permanent, and dignified home. Until the last person in society lives with security and self-respect, our work remains incomplete," he said while handing over new homes to around 150 families under a Slum Rehabilitation Authority (SRA) scheme in Mumbai's Kandivali suburb.He acknowledged the timely and quality completion of this specific project by the developer but made it clear that the government will not tolerate negligence, corruption, or delays in SRA redevelopment.'Builders who abandon projects, stop rent payments, or deliver substandard work will be blacklisted. In severe cases, they may face imprisonment. I also demand action against government officials who collude with such builders," he said.Goyal further insisted that beneficiaries must have the right to choose their developer, with no political or administrative interference, and that the SRA process must be fully transparent. He stressed the importance of maintaining fairness and transparency in ensuring that the projects meet their intended goals.'In the next five years, 3 crore families will receive free pucca homes. No Indian should be left behind in the journey to a developed and self-reliant nation," the minister said while reiterating the government's commitment to housing for all
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
8 minutes ago
- Hindustan Times
‘They won't give me because…': Trump on being nominated for Nobel Peace Prize by Pak
US President Donald Trump reignited his calls for a Nobel Peace Prize soon after Pakistan nominated him for the prestigious award. Claiming that he played key diplomatic efforts across several global conflict zones, including India-Pakistan and the Congo-Rwanda crisis, Trump said that he should have won the prize 4-5 times by now. Pakistan Field Marshal Asim Munir met US President Donald Trump during his Washington trip. "They should give me the Nobel Prize for Rwanda and if you look, the Congo, or you could say Serbia, Kosovo, you could say a lot of them," Trump told reporters Friday. "The big one is India and Pakistan. I should have gotten it four or five times." The Pakistani government formally nominated US President Donald Trump for the 2026 Nobel Peace Prize, citing his "decisive diplomatic intervention and pivotal leadership" during the recent conflict between India and Pakistan. In a post on X, Pakistan's Foreign Ministry said, 'President Donald J. Trump deserves the Nobel Peace Prize in 2026 in recognition of his decisive diplomatic intervention and pivotal leadership during the recent India-Pakistan crisis.' Trump has long claimed that he helped de-escalate tensions between the two nuclear powers, a claim that Indian government has dismissed numerous times. In his Friday comments, Trump also alluded to a peace agreement he said would be signed on Monday, aimed at ending hostilities between the Democratic Republic of the Congo and Rwanda - a long-standing regional conflict that has seen renewed violence in recent months. Details of the treaty remain unclear, and no independent verification of US involvement has been released. 'I should have gotten it four or five times,' Trump reiterated. 'They won't give me a Nobel Peace Prize because they only give it to liberals.' Trump has previously received multiple Nobel Prize nominations from supporters, particularly for his role in facilitating normalization agreements between Israel and several Arab states under the Abraham Accords. However, he has not been awarded the prize. The Nobel Peace Prize is awarded annually by the Norwegian Nobel Committee, which selects recipients based on their efforts to promote peace and resolve conflicts. The committee has never publicly commented on Trump's candidacy.
India.com
19 minutes ago
- India.com
Israel Iran war: What does India import from Iran? THESE kitchen essentials may get costlier if war escalates
Tensions between Iran and Israel are at their highest peak right now. Both countries are attacking each other with missiles and drones and it seems like a full-fledge war could break out at any time. Thoight India may not be directly involved in the Iran-Israel conflict, but its economy could suffer if things get worse. Therefore, it's important to understand how it might impact India. India has trade relations with both Iran and Israel. This means India buys and sells many goods to and from both countries. So, if war breaks out between them, it will not create problem for the Middle East but India could also feel the heat, especially in terms of prices and supply disruptions. What India buys from Iran In the past, Iran was one of the biggest suppliers of crude oil to India. But after US sanctions in 2019, India stopped importing oil from Iran. However, India imports liquefied petroleum gas (LPG) and liquefied natural gas (LNG) from Iran, the fuels used in homes and industries. India also imports dry fruits like almonds, pistachios, and dates from Iran. Along with that, Iranian saffron is considered one of the best in the world, India imports that too. Vegetable products such as gums, resins and lacquers are also imported. Iran is also famous for its handmade carpets and handicrafts. Besides this, India imports methanol, petroleum bitumen, and other chemicals from Iran, which are used in industries and construction work. It also imports Salt, sulphur, clay, stone, plaster, lime and cement. What India sells to Iran Iran is one of the biggest buyers of Indian Basmati, having purchased over 8.55 lakh metric tonnes in 2024–25, worth nearly Rs. 6,374 crore. In strong trade years, Iran has made up 30 to 35 per cent of all Basmati exports from India. On the other hand, India exports several important items to Iran including basmati rice, tea, sugar, medicines, and machinery. Rice (Basmati), tea, sugar, and fresh fruits are significant export items. A notable quantity of drugs and pharmaceuticals are also exported to Iran. India exports various types of machinery, electrical machinery, and electronic equipment to Iran. Artificial jewelry, rubber products, and certain chemicals are also part of the export basket. Processed minerals are another category of goods that India exports to Iran. What could go wrong if war breaks out If the conflict between Iran and Israel turns into a full-blown war, global oil prices could shoot up. That would directly affect India, since we import most of our crude oil from other countries. This could make petrol and diesel more expensive, and when fuel prices go up, the cost of transporting goods also rises. This would lead to higher prices for food, groceries, and daily essentials. In short, even though the war would be happening far away, its impact could be felt in every Indian household through higher inflation and supply shortages.
Time of India
20 minutes ago
- Time of India
BNP: Indian policymakers trying to rehabilitate Awami
Representative Image DHAKA: Bangladesh Nationalist Party (BNP) Friday accused India of conspiring to "rehabilitate" Awami League, labelling it a "fascist" party. "Indian policymakers cannot accept the downfall of Sheikh Hasina . Following the meeting between Muhammad Yunus and Tarique Rahman (BNP) in London, the neighbouring country began orchestrating targetted conspiracies," said senior BNP member Ruhul Kabir Rizvi. Rizvi said that while the people of Bangladesh have begun their journey toward democracy, key challenges remain. "Conspiracies are not over. Many BNP activists - both at the grassroots and national levels - are still missing. Others continue to face harassment through false cases and arbitrary arrests." Describing the Awami govt as authoritarian, Rizvi said, "Although we can speak more freely today, the conspiracies resumed the moment Yunus and Tarique met." He further said Awami League had embezzled public funds over past 16 years and laundered the money to countries such as Canada and Malaysia. "Hasina has tried to manipulate public opinion through media control, but 180 million people cannot be silenced. " Meanwhile, a nine-member BNP team, is scheduled to depart for China on Sunday at the invitation of Communist Party of China.
