Co-operative Societies Act to be amended to protect investors

'Single-window system would be introduced to simplify land conversion'

Co-operative Societies Act to be amended to protect investors

The Co-operation department is in the process of finalising certain amendments to the Karnataka State Co-operative Societies Act, which will protect the interest of investors and also put an end to procedural delays.

Addressing the media in Bengaluru on Monday, Co-operation Minister H S Mahadeva Prasad said the amendment bill would be tabled in the next legislature session.

He said a single-window system would be introduced to simplify land conversion processes and also help secure clearances from various agencies.

Presently, housing societies cannot purchase land directly from farmers. Once the separate chapter on housing societies is introduced in the existing Act, then societies can directly purchase land and get them converted. The single- window system will ensure NoCs from various agencies like forest, pollution control board, town planning, road authorities, BDA and others, under one roof. This would cut red tape and speed up the process, he said.

He said a penalty clause would be introduced to protect the interest of investors. Societies will be required to pay an interest on the amount deposited by a housing society member if he/she is not given a site even after two years of applying for it. The minister said a committee had been constituted to look into these aspects. The committee headed by the additional chief secretary of the department had studied government housing provisions in states such as Maharashtra and Tamil Nadu and submitted its proposals. The same would be finalised and placed before the Cabinet shortly, he said.

MM Hills and cattle
Recently, a decision was taken to stop the age-old practice of devotees donating cattle/ calves to the Male Mahadeshwara Hills temple in Chamarajanagar district.

The temple, which has a small goshala, was struggling to accommodate the hundreds of cattle donated by devotees. Also, a sting operation by a TV channel revealed that the donated cattle were being sold to slaughterhouses.“We have completely banned donation of cattle to the temple. If devotees want to make a donation, they are free to make offerings in kind,” said Prasad, who is the Chamarajanagar district in-charge minister. He said the Male Mahadeshwara Kshetra Development Authority, which manages the temple, will meet on January 1 to decide on whether or not to resume accepting cattle donations by expanding the existing goshala, he said.
 

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