Recently, the Cabinet of Haryana has gave approval to the ‘Samadhan se Vikas’, a one-time settlement scheme for the recovery of long-pending dues on account of External Development Charges (EDC). It is modeled on the central scheme ‘Vivad se Vishwas-2020’.
Daily Current Affairs Quiz 2020
Key-Points
The new scheme called ‘Samadhan se Vikas’ is modelled on the central scheme of ‘Vivad se Vishwas-2020’.
The scheme will be applicable to the full outstanding EDC including interest as well as penal interest.
Several real estate giants in Haryana have not deposited hundreds of crores of rupees worth mandatory EDC for the residential and commercial colonies they have built across Haryana. In a bid to recover this massive sum, Haryana government introduced this scheme.
The developer is supposed to pay EDC to civic authorities for maintenance of civic amenities within the periphery of the developed project including construction of roads, water and electricity supply, landscaping, maintenance of drainage and sewage systems, waste management etc. The EDC is decided by the civic authorities.
It is the charges paid by the real estate developer to the state government for development of major infrastructure projects across the state, which include construction of transportation networks including highways, bridges etc.
As per terms and conditions of the Haryana Development and Regulation of Urban Areas Rules, 1976, a licensee (developer) has to pay the EDC as per schedule of payment.