Enemy properties now for ‘public use’

Enemy properties now for ‘public use’

AgenciesUpdated: Wednesday, May 29, 2019, 01:19 AM IST
article-image

New Delhi: The Centre has allowed state governments to put to “public use” some enemy properties that were left behind by people who migrated to Pakistan since the Partition and to China after the 1962 Sino-Indian war, officials said. The move comes amid the central government’s efforts to sell more than 9,400 enemy properties, worth over Rs 1 lakh cr and Rs 3,000 cr worth of enemy shares.

The guidelines for disposal of the Enemy Property Order, 2018, has been amended to facilitate “usages of enemy property by for public use”, according to a notification issued by the Home Ministry. Enemy properties are those left behind by the people who took citizenship of Pakistan and China.

RECENT STORIES

Bridging The Gap: How Technology Transforms Regulatory Compliance In Finance

Bridging The Gap: How Technology Transforms Regulatory Compliance In Finance

Mastering Network Operations: A Deep Dive Into Professional Growth In The Tech Sector

Mastering Network Operations: A Deep Dive Into Professional Growth In The Tech Sector

Mumbai: Sustainable Housing Gives Real Estate Sector A Boost In MMR

Mumbai: Sustainable Housing Gives Real Estate Sector A Boost In MMR

Divorce Disputes Spill Over To Board Room: Nawaz Modi Alleges Gautam Singhania; Uses Personal...

Divorce Disputes Spill Over To Board Room: Nawaz Modi Alleges Gautam Singhania; Uses Personal...

Meta Shares Crash Over 10% As Anxiety Over Success Of AI Surges

Meta Shares Crash Over 10% As Anxiety Over Success Of AI Surges