Begin typing your search above and press return to search.
exit_to_app
exit_to_app
Homechevron_rightIndiachevron_rightParliament clears Waqf ...

Parliament clears Waqf amendment bill

text_fields
bookmark_border
Parliament clears Waqf amendment bill
cancel

New Delhi: Parliament Thursday approved the Waqf Amendment Bill that aims to make properties under the Waqf Board more commercially viable.

The bill, passed by the Rajya Sabha Aug 20, was passed by the Lok Sabha Thursday.

According to the bill, the government will maintain the record of Waqf properties and extend their lease period to a maximum of 30 years.

As per data, there are around four lakh registered Waqf properties across the country. If these are developed, more income can be generated, the government said.

Minority Affairs Minister K. Rahman Khan said the Waqf Amendment Bill, 2010, will ensure proper commercial utilisation of Waqf property and generate revenue for socio-economic development of the entire Muslim community.

The bill also aims to strengthen Waqf institutions and streamline their functioning.

The bill was referred to a select committee of Rajya Sabha on Aug 27, 2010.

IANS

Show Full Article
TAGS:
Next Story