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firstBHK.com > News > Jammu and Kashmir profits ₹100 crore with simple land registration process

Jammu and Kashmir profits ₹100 crore with simple land registration process

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The online shifting of entire land registration process in Jammu and Kashmir from the judiciary to the department of registration created within the aftermath of invalidation of Article 370, has brought in earnings of income worth ₹100 crore in stamp duty and registration charges, as indicated by Home Ministry sources.

Jammu-and-Kashmir-profits-₹100-crore-with-simple-land-registration-process

Since then the creation of another new division of enlistment in J&K a year ago as a part of progress from state to Union Territory, 77 sub-registrars have been designated and nearly about 25,000 land registrations has been registered. The complete registration process is being digitized and moved online. Likewise, the procedure of stamp duty administration is being totally computerised while e-stamping guidelines have been confined. This has helped to improve and demystify land revenue organization in J&K, stated Home Ministry Officer.

One other key change introduced was the abolition of Lakhanpur toll. This toll tax was seen in opposition with keeping customer interest in mind, as it was pushing up the expense cost entering J&K. Power sector in J&K has additionally profited as a change pending for as far back as five years, the power distribution department was hived off into five self-sufficient enterprises with unbiased commands and obligations.

To guarantee and make sure the quicker execution of civil works post-Article-370. At the moment the local body committees and councils are enabled to accord administrative endorsements for new projects up to ₹5 crore.

To fight against corruption, the central information commission which directly supervises over state for anti-corruption bureau – and central administrative court currently have jurisdiction over J&K has been seen with transparency in past. ACB has worked upon fraud bank cases, including the J&K Bank corruption case that prompted some prominent arrests. Further ACB has seized reserves of amount ₹187 crore in the J&K State Cooperative Bank loan fraud case.

Source: TNN

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Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. firstBHK.com does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
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