Wednesday 16 April 2014
News updated at 1:12 PM IST
Weather
Max: 34°C
Min : 22.7°C
In Bangalore
Sunny day

Corp to develop Wakf properties on fast track

New Delhi, September 12, 2013, DHNS:

With elections fast approaching, the Centre has proposed  to set up a corporation to develop Wakf Board properties on fast track.

The proposal, initiated by the Ministry of Minority Affairs, calls for the creation of a National Wakf Development Corporation with an authorised capital of Rs 500 crore and a paid up capital of Rs 100 crore.

“We will soon move the proposal for consideration of the Union Cabinet,” Minority Affairs Minister K Rahman Khan told Deccan Herald.


He said the corporation would develop Wakf properties lying unutilised and were under threat of encroachment. The properties, spread all over the country, would be used to build hospitals, hostels, educational institutions, business establishments and even shopping complexes.

In Delhi, the properties identified for development are located in prime locations such as Hailey Road, Daryaganj and Civil Lines.

Under the scheme, people from minority communities will be provided assistance for treatment of life threatening ailments such as heart diseases, cancer and kidney disorders.

Go to Top

Photo Gallery
US actress Emma Stone poses for the media during the Germany premiere of the movie 'The Amazing ...

US actress Emma Stone poses for the media during the Germany premiere of the movie 'The Amazing ...

2013 Boston Marathon bombing survivor Erika Brannock, a pre-school teacher from the Baltimore ...

2013 Boston Marathon bombing survivor Erika Brannock, a pre-school teacher from the Baltimore ...

Family members and survivors of the 2013 Boston Marathon bombing walk down Boylston Street for a rem

Family members and survivors of the 2013 Boston Marathon bombing walk down Boylston Street for a rem

An injured passenger who was on a sinking ship, is rescued by South Korean maritime policemen ...

An injured passenger who was on a sinking ship, is rescued by South Korean maritime policemen ...

A passenger is rescued by South Korean maritime policemen from a sinking ship in the sea off ...

A passenger is rescued by South Korean maritime policemen from a sinking ship in the sea off ...

South Korea rescue helicopters fly over to rescue passengers from passenger ship Sewol ...

South Korea rescue helicopters fly over to rescue passengers from passenger ship Sewol ...

South Korean rescue helicopters fly over a South Korean passenger ship, trying to rescue ...

South Korean rescue helicopters fly over a South Korean passenger ship, trying to rescue ...

Britain's Kate, the Duchess of Cambridge meets with a girl during a walkabout in the Civic Square...

Britain's Kate, the Duchess of Cambridge meets with a girl during a walkabout in the Civic Square...

Britain's Prince William carries Prince George with his wife Kate, the Duchess of Cambridge ...

Britain's Prince William carries Prince George with his wife Kate, the Duchess of Cambridge ...

This multiple-exposure composite photo of the moon was made beginning at 1 a.m., CDT, Tuesday ...

This multiple-exposure composite photo of the moon was made beginning at 1 a.m., CDT, Tuesday ...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523