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RBI to set up Innovation Hub for finance sector in India


Prakash Ramiah12 hours ago


Suggestion1,make title insurance compulsory.suggestion2,as charge of housing,ask rera to share all project details ,fsi,j v ratio,circle ratio,bankers involved, and cost of land and cost of construction in housing from ladak to cape and sonata to tripura and let 32 states,and fsi sanctioning 4000 authorities,1,2,3 tier cities monitered.suggestion 3 compulsory regn and bankers for hsg activities of more than 3 units,more than 2400 sq ft and more than 10 feet high building activities under rbi,rera .suggestion 4 please come with district wise limited purpose exclusive construction banks for builders,contractors,equipments,wages,materials,logistics under rbi,rera suggestion 5 like stock exchange mechanism construction materials,wages weekly payment settlement mechanism of no pay,no work and no work no pay with architects and cost accountants certification suggestion 6.come with exclusive first,second mortgage and guarantee corporation to absorb assets under creation. Rbi governor said banks cannot fund infra,but this will help infra,housing.suggestion 7.come with massive land compensation bonds for infra,hsg with cap gains,tax free,gst free,assignment rights bharat bonds aaa with bse,nse listed using rera brokers ,ready reckoned one acre one crore 5 percent,5 years and reduce public debt and central,state,municipal land comp bonds suggestion 8.revamp present clss pmay aff hsg and distribute basic fsi at 400 to 1200 sq ft for 10 to 39 lacs flats by dial priced,and rmobetered.

RBI to set up Innovation Hub for finance sector in India RBI to set up Innovation Hub for finance sector in India Reviewed by TechCO on 8/07/2020 Rating: 5

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