Comments
The edit, ‘Downside of federalism’ (May 4) is a good commentary on the the realty sector. As urbanisation picks up, the inaction of the majority of the States will cause avoidable problems. People are at the mercy of land sharks and become victims in the absence of a tough legal framework against exploitation. RERA would mitigate their sufferings to a great extent. Stakeholders must prevail upon the State governments for early adoption of this Act without subjective exceptions and loopholes for fair play. There is an urgent need for both the Centre and the States to emerge out of their political shadows and display conviction, an action plan and execution on all fronts.
B Rajasekaran
Bengaluru
RERA is expected to mitigate malpractices by real estate developers and builders and benefit the common man through greater transparency in transactions. It’s not surprising that even in the nine States that this Act has been notified, many crucial guidelines have been watered down since most real estate developers are politicians. The Centre should ensure its proper implementation at least in States governed by the BJP.
K Ashok Kumar
Kolkata
Nomination won’t do
This refers to ‘Why bequeathing vehicle matters, too’ by LN Revathy (May 4). Yes, there is a practical problem whenever the vehicle owner dies as ownership has to be passed on to the legal heirs in the books of State registration authorities and insurance companies. But is nomination the solution as in the case of bank deposits?
Bank deposits or mutual fund investments are part of actionable claims and financial assets. These can be transferred by book entries. Nomination provides settlement by making payment to the nominees. In no way does the nominee become the owner of such assets. The nominee’s right is only to receive, not to appropriate. The nominee is supposed to return the assets to the actual legal heirs. Hence nomination cannot be a system for vehicle transfer; there should be a different method to pass on ownership upon the death of the vehicle owner.
S Kalyanasundaram
Raw deal for the salaried
It’s learnt that 1.52 lakh casual and 45,000 part-time jobs were lost post-demonetisation. This only suggests that the Modi government did not plan things well. In India, 1 per cent of the population owns over 50 per cent of the country’s resources. But demonetisation by the Government affected millions of poor and salaried. This was a serious blunder.
As if this was not enough, nationalised banks lower interest rates on time deposits (the main source of income for senior citizens) as and when they please. While the poor and salaried suffer, the top 1 per cent of the population rule the economic roost.
S Ramakrishnasayee
Ranipet, Tamil Nadu
Just greedy
The avaricious owners of multiplexes across Karnataka have defied the Government order to cap movie ticket prices at ₹200, excluding taxes, and continue to fleece movie-goers. To take the battle further owners have threatened to shut down theatres on Friday as a mark of protest. Besides, multiplexes also charge a bomb for snacks, water and parking, and it is pertinent that these issues are addressed too. The Government must penalties or withdraw the licence if multiplexes refuse to toe the line.
NJ Ravi Chander
Bengaluru
Where’s your conscience?
The lynching of 60-year-old Ghulam Ahmed in Bulandshahr after a Hindu girl eloped with a Muslim boy makes you wonder what kind of India we now live in. This kind of brutality does not happen in a civilised society. Yet, the incident does not seem to have stirred the nation’s conscience.
India’s tragedy is that religion and caste have become barriers to relationships. Self-styled protectors of the purity of gene pools are totally insensitive to the purity of love. It is mortifying to have to witness an unprecedented increase in violent crimes against Muslims.
G David Milton
Maruthancode, Tamil Nadu
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