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Govt set to amend Waqf law to usher in more transparency, gender diversity

Business Standard LogoBusiness Standard9h ago

Govt set to amend Waqf law to usher in more transparency, gender diversity - Business Standard

Quick Summary:

The government is all set to bring a Bill in Parliament to amend the 1995 law governing Waqf boards to ensure more accountability and transparency in their functioning and mandatory inclusion of women in these bodies, sources said.

The Bill to amend the Wakf Act, 1995, will make it mandatory for Waqf boards to register their properties with district collectors to ensure their actual valuation.

The sources on Sunday pointed out that the revenue generated by all Waqf properties is estimated at Rs 200 crore per annum.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-04 @ 22:28:14 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 724 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21918075

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 148 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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