Need to Boost Trans­parency

The Economic Times - - Economy: Macro, Micro & More -

The Union Bud­get has pro­posed sev­eral mea­sures to boost trans­parency in real es­tate. And in tan­dem what is re­quired are con­crete steps to re­move opac­ity in the award of con­struc­tion per­mits. We do need to put in place norms to shore up con­struc­tion ac­tiv­ity, by duly ra­tio­nal­is­ing sys­tems and pro­ce­dures. It would bet­ter to co­ag­u­late funds on the ground and con­sid­er­ably im­prove the over­all ease of do­ing busi­ness.

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