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Haryana Cabinet approved ‘Samadhan se Vikas’ to Recover External Development Charges dues

Haryana-government-brings-in-‘Samadhan-se-Vikas’-scheme-to-recover-EDC-duesThe Haryana Cabinet 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’.

  • The scheme is applicable in respect of the full amount outstanding on account of the EDC and on interest and penalty interest.

Note– Many colonisers and builders, mostly in Gurgaon and Faridabad failed to pay the state government over Rs 10,000 crore as EDC.

Key Info

75% interest and penal interest waived:

If a coloniser deposits 100% of the outstanding(o/s) principal amount against EDC and 25% of interest and penal interest  within six months from the date of notification of the scheme,the balance 75% of the accumulated interest and penal interest will be waived.

50% of interest and penal interest waived:

If a coloniser deposited at least 50 % of the outstanding principal amount against EDC and 50%  of interest and penal interest within six months, the balance 50% of interest and penal interest will be waived

Remaining 50% principal amount will be recovered:

The remaining 50% of the outstanding  principal amount will be recoverable in four 6-monthly installments. The amount will be recovered with an interest of 8 % per annum on delay of the payment  and 2 per cent per annum on default of the payment 

Deposit

The first 6 month for the deposit of first instalment will begin from  the date of deposit of 50% principal plus 50%  interest and penal interest component.

Original EDC will come into effect

i.If the coloniser does not clear all EDC dues within the prescribed 2 years, the waiver of the balance 50% of the accumulated interest and penal interest will be cancelled and the original EDC schedule will come into effect.

ii.If any amount of the 50% outstanding principal amount with interest is not deposited within the prescribed period, the coloniser will lose all benefits under this policy and the original EDC schedule will come into effect.

Few Other Cabinet Approvals

i.Revision of rates of various fees and charges for grant of licence and change of land use (CLU) permissions in Panchkula.

ii.Establish Baba Banda Singh Bahadur, Lohgarh Foundation (Trust), to promote research, archaeological discoveries and development of museums, memorials and literature

iii.Introduction of  the Industrial Disputes (Haryana Amendment) Ordinance 2020

About Haryana:
Capital– Chandigarh
Governor– Satyadeo Narain Arya
Chief Minister– Manohar Lal Khattar

Recent Related News:

i.Andhra Pradesh CM YS Jagan Mohan Reddy launches ‘Jagananna Chedodu’ scheme to provide financial assistance to tailors, barbers and dhobis(washermen).

ii.Uttar Pradesh Govt Decides to Adopt Flatted Factory Model to ensure the availability of industrial land which means that non-polluting industries can operate in Multistoried buildings.