#Maharashtra State Board Evaluation Standard

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In a significant move towards reforming the evaluation system in Indian schools, the National Council of Educational Research and Training (NCERT) unit PARAKH has proposed the inclusion of marks from Classes 9, 10, and 11 in the final Class 12 report card. This initiative aims to create a more holistic and consistent evaluation process across various school boards in India. This article provides an in-depth analysis of the proposed changes, their implications, and insights from discussions with education authorities.

Understanding the Proposal

Background of the Proposal

PARAKH, an independent unit under NCERT, has submitted a report to the Union Education Ministry recommending that a student's performance from Classes 9, 10, and 11 be included in their final Class 12 marks. This suggestion is part of a broader effort to standardize assessment practices across all school boards in India.

Key Objectives

Consistency in Evaluation: To ensure uniformity in the assessment process across different school boards.

Holistic Assessment: To provide a more comprehensive evaluation of a student's performance over four crucial years of their education.

Detailed Breakdown of the Proposal

Weighted Marks Distribution

The proposed weightage for incorporating marks from Classes 9 to 12 in the final Class 12 report card is as follows:

Class 9: 15% of the final Class 12 marks

Class 10: 20% of the final Class 12 marks

Class 11: 25% of the final Class 12 marks

Class 12: 40% of the final Class 12 marks

Formative and Summative Assessments

The proposal includes a balanced approach between formative and summative assessments to ensure a well-rounded evaluation:

Class 9: 70% formative (ongoing assessments), 30% summative (end-term exams)

Class 10: 50% formative, 50% summative

Class 11: 40% formative, 60% summative

Class 12: 30% formative, 70% summative

Discussions and Feedback

Initial Discussions with State Authorities

PARAKH's proposal has been shared with various state education authorities, including those from Haryana, Maharashtra, Madhya Pradesh, Rajasthan, Uttarakhand, Uttar Pradesh, and Bihar. These discussions have provided valuable feedback and highlighted alternative suggestions.

Alternative Suggestions

Some state authorities have proposed alternative methods for incorporating marks from earlier classes:

Class 10 Score: 40% from Class 9 and 60% from Class 10

Class 12 Score: 40% from Class 11 and 60% from Class 12

These suggestions aim to simplify the process while still maintaining a comprehensive evaluation system.

Implications for Students and Parents

Benefits of the Proposed Changes

Continuous Assessment: Encourages consistent academic performance across four years rather than focusing solely on Class 12.

Holistic Development: Recognizes the importance of both academic achievements and continuous learning efforts.

Reduced Pressure: Distributes the academic load across multiple years, potentially reducing the stress associated with Class 12 board exams.

Potential Challenges

Implementation: Standardizing the evaluation system across diverse school boards may present logistical challenges.

Assessment Design: Developing effective formative assessments that accurately reflect student performance without adding undue stress.

Practical Insights for Parents and Students

Encouraging Consistent Performance

Parents can motivate their children to maintain consistent performance throughout their school years, emphasizing the importance of continuous learning and effort.

Utilizing Formative Assessments

Formative assessments, such as projects, group discussions, and ongoing classroom activities, should be seen as opportunities to develop and showcase skills beyond traditional exams.

Preparing for Summative Assessments

Students should be encouraged to prepare diligently for summative assessments, understanding that these contribute significantly to their final marks.

Expert Opinions and Recommendations

Educational experts generally support the move towards a more holistic assessment system. They recommend:

Balanced Approach: Combining formative and summative assessments to provide a comprehensive evaluation of student performance.

Parental Involvement: Parents should actively participate in their child's educational journey, providing support and encouragement throughout the academic years.

School Support Systems: Schools should offer guidance and resources to help students adapt to the new evaluation system.

Conclusion

The proposal to include marks from Classes 9, 10, and 11 in the final Class 12 report card represents a significant shift towards a more comprehensive evaluation system in Indian schools. While the initiative aims to create consistency and reduce academic pressure, its successful implementation will require collaboration and feedback from various stakeholders. Parents and students are encouraged to embrace this change, focusing on continuous learning and consistent performance across all school years.

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Dr. Kharkar's journey to becoming a leading seizure specialist began with rigorous medical training and a deep commitment to understanding neurological disorders. His extensive experience spans years of dedicated practice, during which he has successfully helped numerous patients manage and overcome seizure-related challenges.

One of the distinguishing factors of Dr. Kharkar's practice is his holistic approach to patient care. He believes in not only treating the symptoms but also addressing the underlying causes and improving overall quality of life. This patient-centered philosophy has earned him the trust and respect of both patients and peers in the medical community.

Patients seeking consultation with Dr. Kharkar can expect comprehensive evaluations tailored to their individual needs. He utilizes state-of-the-art diagnostic techniques and stays updated with the latest advancements in epilepsy research and treatment options. This ensures that each patient receives accurate diagnoses and personalized treatment plans that are both effective and evidence-based.

Beyond his clinical expertise, Dr. Kharkar is known for his compassionate demeanor and commitment to patient education. He takes the time to explain medical conditions and treatment options in clear, understandable terms, empowering patients to actively participate in their healthcare decisions.

Dr. Kharkar's clinic in Thane is equipped with modern facilities to provide a comfortable and supportive environment for patients. Whether you're seeking initial diagnosis, ongoing management, or a second opinion regarding seizures or epilepsy, Dr. Kharkar and his team are dedicated to delivering exceptional neurological care.

In addition to his clinical practice, Dr. Kharkar is actively involved in research and academic pursuits, contributing to advancements in neurology and epilepsy management. His contributions to the field have been recognized through publications in peer-reviewed journals and presentations at national and international conferences.

For those living with seizures or epilepsy in Thane and surrounding areas, choosing Dr. Kharkar means choosing a specialist committed to excellence, empathy, and the highest standards of neurological care. His reputation as a seizure specialist is built on a foundation of expertise, integrity, and a genuine passion for improving the lives of his patients.

To schedule a consultation with Dr. Kharkar or to learn more about his services, including telemedicine options for remote patients, please contact his clinic in Thane. Take the first step towards better neurological health and a brighter future with the guidance and expertise of Dr. Kharkar, your trusted seizure specialist in Thane.

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Dr. Kharkar has trained in India, USA and UK. He is a USA board-certified (American Board of Psychiatry & Neurology certified) Neurologist and with a full medical license in the states of Maharashtra, India & California, USA.

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Excellence Defined: Best MPSC Classes in Mumbai

The Maharashtra Public Service Commission (MPSC) test presents a formidable task, nevertheless, with adequate preparation, it can lead to a distinguished profession in the state government. Aspiring civil servants in Mumbai who are searching for the top MPSC lessons might get everything they need at Chanakya Mandal Pariwar. Established by the renowned Avinash Dharmadhikari Sir (IAS), Chanakya Mandal Pariwar has a distinguished history of providing exceptional training for competitive exams from 1996. Chanakya Mandal Pariwar is the most outstanding option for MPSC coaching in Mumbai for the following reasons: Acquire expertise in the MPSC syllabus: Their intricately designed MPSC Comprehensive Course covers every aspect in great detail. Their knowledgeable faculty provides comprehensive coverage of vital courses and current issues, ensuring that you have a comprehensive understanding of the examination landscape. Consistent review and frequent assessment exams strengthen your understanding and enhance your self-assurance. Chanakya Mandal Pariwar recognizes that individualized guidance is necessary at every stage. Their customized methodology offers specific attention and coaching, assisting you during each phase of your training. Seasoned mentors adeptly tackle your uncertainties and apprehensions, effectively assisting you in maintaining motivation and staying on course. Master simulated Tests with Assurance: Acquire essential knowledge and conquer exam apprehension through their frequent simulated tests. These simulations accurately mimic the style of the MPSC exam, enabling you to evaluate your progress, pinpoint areas of weakness, and cultivate effective tactics for success. Acquire the skill of effectively managing time and approach the exam with self-assurance, providing you with a significant advantage over other candidates. Achieving success in the MPSC goes beyond mere academic brilliance. Chanakya Mandal Pariwar's main objective is to enhance your personality, communication skills, and critical thinking capabilities. This will not only help you succeed in the written exam but also prepare you for the important interview stage. Their customized interview preparation package provides you with the necessary skills and knowledge to perform exceptionally well and make a memorable impact on the MPSC board. Established History of Achievement: Select an institution with a history of consistent success. The alumni list of Chanakya Mandal Pariwar includes a large number of accomplished MPSC officials, which serves as evidence of their dedication to achieving high standards of quality and ensuring the success of their students. Do not accept anything that is below the highest standard. Enroll in Chanakya Mandal Pariwar, the leading MPSC coaching center in Mumbai, and begin your path towards realizing your MPSC aspirations. With their extensive advice and unparalleled expertise, you will be fully prepared to excel in the exam and successfully pursue your preferred profession in the Maharashtra government. Achieve success in MPSC exams with Chanakya Mandal Pariwar's classes in Mumbai. Benefit from experienced faculty and comprehensive study materials. For further information, please visit our website at: https://chanakyamandal.org/

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Best junior colleges in Mumbai 2023-2024

edustoke is India’s most comprehensive school search platform. Playschools, PreSchools, Day Schools and Boarding Schools

Junior colleges in Mumbai offer education to students who have finished their 10th grade and educate them in 11 and 12 standards. These schools are affiliated to the state board for Maharashtra's higher secondary education.The list of junior colleges in Mumbai is the best in the country and offers courses such as science, commerce, arts, and vocational education. Students can choose their stream as per their preferences and career.The students who choose to study in the junior colleges in Mumbai have many options for choosing the medium of instruction, such as English, Marathi, Hindi, and other languages.We present here the list of junior colleges in Mumbai that have experienced and well-qualified teaching faculties who are dedicated to working till the bitter end and educating students to be very successful in their lives.They also offer extracurricular activities like sports, arts, debates, community service programmes, and other cultural activities to aid students at all levels of education. Some modern junior colleges may offer other new activities, such as coding, artificial intelligence, and others, to equip students with present knowledge.

The capital city Mumbai is the financial hub of Maharashtra and has a lengthy history in the nation. It is the most populous city in the country and contributes significantly to the Indian economy. The city is home to numerous excellent educational institutions, including many of the best junior colleges in Mumbai that give excellent education and assist students in pursuing higher education. The junior colleges in Mumbai are well-known for their offerings in areas such as science, arts, commerce, and other vocational studies. Let us now look at some of the junior colleges in Mumbai and evaluate their academics, infrastructure, and other aspects.

1.St. Xavier’s College

St. Xavier's College is a famous educational school in the heart of Mumbai, India. In October 2007, the institution applied for academic autonomy. After a review group from the University Grants Commission visited the college in early April 2010, the Commission evaluated the application at its meeting on May 4, 2010. The UGC granted clearance for autonomous status in early June, and the University of Mumbai subsequently recognised the college as autonomous for five years, commencing with the 2010–11 academic year.

2.Ramniranjan Jhunjhunwala College

Ramniranjan Jhunjhunwala College was founded in 1938 to meet the educational requirements of the Hindi-speak

ing community. It began as a small primary school, then grew into a full-fledged secondary school, and eventually became one of the best junior colleges in Mumbai. With its strong academic standards, the Hindi Power School has earned a niche among prominent secondary schools in Mumbai and among educational institutions giving Hindi teaching throughout Maharashtra.

3.Narsee Monjee College of Commerce and Economics

Narsee Monjee College of Commerce and Economics is also known as NM College. It was established in 1964 with the affiliation of Mumbai University and offers courses in commerce and economics. NM College is recognised as one of the best junior colleges in Mumbai for its excellent contribution to education. Its experienced faculties and well-designed curriculum provides students with overall development in their lives.

4.Jai Hind College

Jai Hind College, Churchgate, Mumbai, was founded in 1948 by a group of former D.J. Sind College, Karachi, professors and other eminent educationists under the registered name 'Sind Educationists Association' for the educational rehabilitation of the Sindhi community. Starting as a modest two-room institution offering the arts, it quickly expanded to include science in 1949, followed by commerce in 1980. Following the year 2000, the institution began various self-financed and vocational courses and was named one of the best junior colleges in Mumbai.

5.Kishinchand Chellaram College

KC College was founded in 1954 by the Hyderabad (Sindh) National Collegiate Board. The NAAC has reaccredited the college with an A rating in three consecutive cycles. In 2015, the University of Mumbai named it the Best College (Urban Area). The Department of Biotechnology, Government of India, awarded the college Star College Status and the Star Scheme in 2019. The college is supported by the DST (Department of Science and Technology) of the Government of India through the acclaimed FIST programme.

6.H.R. College of Commerce and Economics

HR College has been affiliated with the University of Mumbai since its foundation in 1960 by the HSNC Board. It has been named one of the best junior colleges in Mumbai and has evolved into a fine school of higher learning, notably in commerce. Its renown has spread far and wide, and its students have achieved remarkable success in industry, society, culture, and politics, leaving a distinct mark and presence.

7.Ramnivas Ruia Junior College

Ramnivas Ruia Junior College is one of the branches of Ramnarain Ruia Autonomous College, founded in June 1937 by Pune's Shikshana Prasaraka Mandali. It was the first educational institution administered by a private educational organisation in Mumbai. On December 3, 1937, H.E. Sir Roger Lumley, the then-Governor of Bombay, declared the college formally open. The college, which offers science, arts, and commerce, encourages students to research and innovate. The university offers a variety of activities to provide a holistic education to all students and assist them in becoming caring citizens.

8.K. J. Somaiya College of Arts and Commerce

K.J. Somaiya College is one of the most prestigious colleges on the Somaiya Vidyavihar campus. It is a school for linguistic minorities that is always affiliated with the University of Mumbai. The college is well-known among the best junior colleges in Mumbai for its high educational standards. It features an excellent faculty committed to passing on their skills and knowledge to their pupils. The college offers extracurricular activities such as sports, arts, and cultural events.

9.Wilson College

Wilson College, established in 1832 in Mumbai, is one of the oldest colleges in India. The National Assessment and Accreditation Council gave it an A rating in 2005. The college offers several subjects, such as arts, science, and commerce, and has exceptional faculty with extensive experience in their respective fields. It boasts excellent laboratories, a library, and other facilities, and anyone looking for the best education should consider this college.

The best junior colleges in Mumbai mentioned above have a lengthy history in education and are well-known for other reasons. They all have outstanding faculty, infrastructure, and a positive learning environment. They assist you in your growth and allow pupils to explore their hobbies and skills. Junior colleges also offer a variety of extracurricular activities such as athletics, the arts, and other related activities to help students grow in all aspects. Parents and students can select junior colleges based on their needs and preferences. For more information, go to edustoke.com.

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Maharashtra SSC Result 2022 date : MSBSHSE महाराष्ट्र बोर्ड दसवीं के नतीजे आज होंगे जारी

Maharashtra SSC Result 2022 date : MSBSHSE महाराष्ट्र बोर्ड दसवीं के नतीजे आज होंगे जारी

Maharashtra SSC Exam 2021: महाराष्ट्र बोर्ड कक्षा 10 के नतीजे होंगे।नतीजे जारी होने के बाद बोर्ड की आधिकारिक वेबसाइट mahresult.nic.in पर चेक किए जा सकेंगे। दोपहर एक बजे बोर्ड की आधिकारिक वेबसाइट पर नतीजे चेक किए जा सकेंगे।  पूरे राज्य में करीब 16 लाख छात्र 10वीं की परीक्षा के लिए रजिस्ट्रेशन कराया था। राज्य की शिक्षा मंत्री वर्षा गायकवाड़ ने नतीजो जारी होने की जानकारी दी। आपको बता दें कि इस साल…

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Maharashtra HSC Result 2021 Declared, Check MSBSHSE HSC Result 2021 Links  »   » Maharashtra HSC Result 2021: Check Maharashtra HSC Board Result 2021 Live Updates Updated: Wednesday, August 4, 2021, 11:27 [IST] The Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE) has released the Maharashtra HSC result 2021 on August 3. Maharashtra Education Minister Varsha Gaikwad has declared the Maharashtra Board HSC result 2021. Students are advised to get familiar with Maharashtra HSC result 2021 roll numbers at mh-hsc.ac.in before accessing the result. Earlier, the MSBSHSE has announced that Maharashtra Class 12th result 2021 will be prepared based on the alternative evaluation criteria due to the cancellation of the board exams. Candidates who have registered for Maharashtra board exams can access their results along with Maharashtra HSC (12th) marksheet download on the official portal. Students should use their login credentials to check Maharashtra 12th result 2021. The Board has recently released the Maharashtra SSC result 2021 on July 16. Check the Maharashtra HSC result 2021 latest updates below. Maharashtra HSC Result 2021 Board Maharashtra State Board of Secondary and Higher Secondary Education (MSBSHSE) Standard Class 12 Maharashtra HSC Exam Dates April 23 to May 19, 2021 Maharashtra HSC Result Date August 3, 2021 Maharashtra HSC Result Time 4 PM Official Website www.mahahsscboard.in Maharashtra HSC Result 2021 Live Updates Aug 4, 2021 11:26 AM Maharashtra 12th Result 2021: Girls Outperformed Boys Girls outperformed boys in Maharashtra HSC result 2021. Girls registered 99.73% compared to boys 99.54% pass percentage. Aug 4, 2021 9:31 AM MSBSHSE Releases Helpline Numbers The Maharashtra State Board has released the helpline numbers region wise to address any grievances related to the HSC results. Students can contact the board and resolve their issues. It is advised to visit the official site for region-wise helpline numbers. Aug 4, 2021 12:34 AM MSBSHSE To Address Discrepancy Regarding HSC Result Minister Varsha Gaikwad tweeted, "The MSBSHSE has instituted a grievance redressal mechanism for candidates having objection(s) / complaint(s) regarding the computation of marks in their HSC Result" Aug 4, 2021 12:16 AM Varsha Motivates HSC Students Students who aren't happy with their HSC result can appear for the improvement examination in the coming months to improve their scores. Minister Gaikwad tweeted, "Live life to the fullest. Never lose hope, always look ahead. All the very best." Aug 3, 2021 11:06 PM Varsha Gaikwad Wishes HSC Students Maharashtra Education Minister Varsha Gaikwad congratulated the students for their success in the HSC examinations. Aug 3, 2021 10:15 PM More Than 6 Lakh Students Got Over 75% Over 6.88 lakh students have scored more than 75% in the Maharashtra HSC result 2021. Aug 3, 2021 9:53 PM Maharashtra HSC Board Result 2021: 46 Students Gets Perfect Score As per the reports, over 90,000 students have obtained more than 90% marks. A total of 46 students have obtained the perfect score in the MSBSHSE Class 12th result 2021. Aug 3, 2021 7:47 PM Maharashtra HSC Result 2021: Commerce Stream Statistics A total of 3,49,354 students have registered for the Maharashtra HSC Commerce stream. Of which, a total of 3,49,062 students passed the exam. The overall pass percentage is 99.91 percent. Aug 3, 2021 7:33 PM Maharashtra 12th Result 2021: Division Wise Statistics As per media reports, a total of 6,88,730 students have secured 75% or above marks in MSBSHSE HSC result 2021. A total of 5,23,962 Students secured the first division. The total number of students with the second division are 99,615. Students who have secured 35% or above are 2,638. Aug 3, 2021 7:22 PM Mah 12th Result 2021: How Many Boys And Girls Registered? As per the reports, a total of 7,10,719 boys registered for MSBSHSE HSC exams 2021. The girl students are 6,09,035. The total number of students registered for Maharashtra HSC board exams 2020-21 are 13,19,754. Aug 3, 2021 6:46 PM Maharashtra HSC Result 2021 Pass Percentage Stream Wise The MSBSHSE has declared the Maharashtra Class 12th result 2021 stream-wise. The overall pass percentage is 99.63%. The stream-wise pass percentage is Science (91.45%), Commerce (99.91%) and Arts (99.83%). Aug 3, 2021 5:42 PM Maha 12th Result 2021: Konkan Division On Top The MSBSHSE has announced Maharashtra HSC result 2021. The Konkan division stands on top with 99.81% pass per... https://youtu.be/kEYgqaIP6D8

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Multi-Camera System Market 2021 | Business Size, Share, Industry Trends, Segmentation, Covid-19 Outbreak, Technologies, Applications, Verticals, Strategies and Regional Trends by Forecast 2023

During sports events, and for surveillance activities in any premises, all the action is captured by the multi-camera system. With events like Formula-1 race, FIFA World Cup guaranteed to be popular among masses in the current era and need for surveillance in every public place required, the market for multi-camera systems is set to stay strong. In the recent times, due to monitoring via camera becoming easier, and technology becoming advanced, its integration in vehicles such as advanced driver assistance systems, the market for the multi-camera system is growing significantly. Factors that are driving the market include rising safety concerns among individuals and increased emphasis by the insurance companies. Increasing demand for vehicles is resulting in the rising production. These two factors are also contributing to the growth of the multi-camera system market. Rapidly developing infrastructure around the world is certain to impact the multi-camera system market in a positive way. Government policies that are favorable to automotive manufacturers are also giving a boost to this market, and this is expected to continue during the forecast period. However, the market growth can faces hindrances due to high initial costs associated with multi-camera systems.

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Market Research Future (MRFR) has published a research report about the global multi-camera system market that evaluates massive upturn in this market between 2017 and 2023. This report comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects, offered by various industry experts. Providing deeper insights into the market and industry performance, the report studies and observes current and projected market size, in terms of macroeconomic factors and governing factors, value, research and development (R & D) and technological advancement, in the market. It also profiles the key players in the market.

The segmentation of the global multi-camera system market on the basis of the display, function, vehicle type, and lastly region. Based on display, the market segmentation of the multi-camera system covers 2-Dimensional (2D) and 3-Dimensional (3D). On the basis of function, this market has been segmented into advanced driver-assistance systems (ADAS) and Parking. ADAS are systems that help the driver in the driving process. Designed with a safe human-machine interface, they are intended to increase car safety and more generally road safety. The purpose of the parking function is to aid safe parking for the vehicle. By vehicle types, the market has been segmented on the basis of passenger vehicle and commercial vehicles. Vehicles like car, scooter, and motorcycles are some examples of passenger vehicles whereas bus, truck, Lorries, and trains are commercial vehicles.

The regional segmentation of the global multi-camera system market segments the market into regions namely North America, Europe, Asia Pacific and Middle East & Africa (MEA). Due to major manufacturers having a base in North America and Europe are the two leading regional markets for the multi-camera system. In North America and Europe, manufacturers receive heavy investment in R & D, which enables them to develop new products and techniques that tap the market in the near future. In North America, the biggest markets for the multi-camera system are the United States of America (USA) and Canada. In Europe, the biggest markets are France, Germany, Italy, Spain, and the United Kingdom (UK). Rest of European countries also serve as a sizable market for the multi-camera system.

Currently, Asia Pacific is the fastest growing market for the multi-camera system. Factors driving the market in this region include improving infrastructure in this region, improving living standards, and rising vehicle production. Due to increasing vehicle electrification in the Asia Pacific region, the multi-camera system market is expected to grow sharply in this region. The biggest markets for the multi-camera system are China, India, Japan, and South Korea, followed by the rest of the Asia Pacific region. Availability of cheap labor in this region also reduces the cost of production due to which vehicles made in this region can be sold on more nominal prices. In the MEA region, due to poor infrastructure and less technological advancement, the market is small and limited.

Key Players

The key players in multi-camera system include Ambarella (USA), Bosch (Germany), Clarion (Japan), Continental (Germany), Delphi (UK), Magna (Canada), NXP Semiconductors (Netherlands), OmniVision Technologies (USA), Samvardhana Motherson Reflectec (Germany), Texas Instruments (USA), Valeo (France), and Xilinx (USA).

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Key Questions Addressed by the Report

What was the historic market size     (2020)?

Which segmentation (Product/     Capacity) is driving market?

What will be the growth rate by     2023?

How are the key players in this     market?

What are the strategies adopted by     key players?

Latest Industry News

·         E-Con Systems has launched the 4K multi-camera system for NVIDIA Jetson TX1/TX2. This system features three 4-Lane MIPI CSI-2 camera boards and baseboard to interface with the J22 connector on a Jetson TX1 or TX2 development kit from NVIDIA. 27 JUNE 2018

·         Engineers from Continental Romania are working to Continental’s new virtual driving school technology. The purpose of this technology is to use Artificial Intelligence (AI) in order to give vehicle systems, human understanding. The series production of Continental's fifth generation of its multi-function camera is expected to begin in 2020. This camera will use neural networks alongside traditional computer vision processes. 2 JUL 2018

  TABLE OF CONTENT

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

 About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact Company Name: Market Research Future Contact Person: Abhishek Sawant Email: Send Email Phone: +1 646 845 9312 Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar City: Pune State: Maharashtra Country: India Website:  https://www.marketresearchfuture.com

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Bubble Wrap Packaging Market 2021: Industry Size, Share, End Users, Growth Analysis, Regional Outlook, Top Companies, Competitive Strategies and Forecast Research

Bubble Wrap Packaging Market Growing despite COVID-19 Pandemic

The Global Bubble Wrap Packaging Market is expected to exhibit a strong 7.84% CAGR over the forecast period till 2025, according to the latest research report from Market Research Future (MRFR). The global bubble wrap packaging market is expected to reach a valuation of close to USD 12.3 billion by 2025, according to the report. The report presents a detailed evaluation of the market's growth prospects over the forecast period. Major drivers and restraints affecting the global bubble wrap packaging market are profiled in detail in the report. Major players operating in the global bubble wrap packaging market are also profiled in detail in the report. The impact of the COVID-19 pandemic on the global bubble wrap packaging market is also assessed in detail in the report.

Bubble wrap packaging is a form of packaging that consists of two layers of polyethylene film, with air entrapped between the two layers to form air bubbles. It is widely used in various packaging applications due to its ability to keep packages safe from moisture and physical damage. Due to the entrapped air, bubble wrap packaging is highly effective in protecting packages from physical damage resulting from accidental drops and other such eventualities. The need to protect packages to a high standard has resulted in a growing demand for bubble wrap packaging from the packaging industry.

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The growing ecommerce sector is likely to be a major driver for the global bubble wrap packaging market. Bubble wrap packaging is widely used to package objects ordered from ecommerce portals, as it provides a highly effective way of packaging objects in order to protect them during transportation. The rising use of mobile devices for shopping and payment is likely to drive the ecommerce sector around the world over the forecast period. This is likely to remain a major driver for the global bubble wrap packaging market over the forecast period.

The development of biodegradable bubble wrap packaging is also likely to be a major driver for the global bubble wrap packaging market. Currently, the major restraint on the global bubble wrap packaging market is the fact that bubble wrap packaging is not biodegradable and thus can be a nuisance for the environment when dumped. The development of biodegradable bubble wrap packaging solves this issue, and is thus likely to become a major driver for the global bubble wrap packaging market over the forecast period.

Competitive Leader board:

Leading players in the global bubble wrap packaging market include Automated Packaging System, IVEX Protective Packaging Inc., Barton Jones Packaging Ltd., Smurfit Kappa, Pregis Corporation, Jiffy Packaging Co., Sealed Air Corporation, and Veritiv Corporation.

In May 2019, Sealed Air Corporation opened a new research lab in Singapore to provide thermal package design and testing solutions to the region's life sciences and food industries.

In June 2018, Sealed Air Corporation signed an agreement with Kuraray America Inc. to offer food packaging materials derived from its biobased resin, Plantic.

Segmentation:

The global bubble wrap packaging market is segmented on the basis of product, application, and region.

By product, the global bubble wrap packaging market is segmented into high-grade bubble wrap, general grade bubble wrap, temperature controlled bubble wrap, limited grade bubble wrap, and others.

By application, the global bubble wrap packaging market is segmented into ecommerce, automotive and allied industries, consumer goods, pharmaceutical, food and beverages, personal care products, and others. The ecommerce segment holds the largest share in the global bubble wrap packaging market and is likely to retain its dominant stake in the market over the forecast period due to the growing scope for ecommerce in the world's developing economies.

Browse complete report @https://www.marketresearchfuture.com/reports/bubble-wrap-packaging-market-1796

Regional Analysis:

Asia Pacific is likely to dominate the global bubble wrap packaging market over the forecast period due to the growing ecommerce sector in highly populous economies such as China and India. North America holds the second largest share in the global bubble wrap packaging market and is likely to retain an important share in the global market over the forecast period.

Table of Content

1 Executive Summary$ 1,350.00

2 Introduction$ 0.00

2.1 Definition 13

2.2 Scope Of The Study 13

2.3 Assumptions 13

2.4 Market Structure 14

3 Research Methodology$ 0.00

3.1 Research Process 15

3.2 Primary Research 16

3.3 Secondary Research 16

3.4 Market Size Estimation 16

3.5 Forecast Model 18

4 Market Dynamics$ 950.00

4.1 Drivers 20

4.1.1 Growing Trend Of The Online Shopping 20

4.1.2 Rapid Growth In Electronic Sector 20

4.1.3 Availability Biodegradable Bubble Wrap 21

4.2 Impact Analysis 22

4.3 Restraints 22

4.3.1 Availability Of Other Alternative Packaging 22

4.4 Impact Analysis 23

4.5 Opportunity 23

4.5.1 Rising Income Level Of Individual In Developing Countries 23

5 Market Factor Analysis$ 950.00

5.1 Porter’s Five Forces Analysis 24

5.1.1 Threat Of New Entrants 24

5.1.2 Bargaining Power Of Suppliers 24

5.1.3 Bargaining Power Of Buyers 25

5.1.4 Threat Of Substitutes 25

5.1.5 Rivalry 25

…………….

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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State: Maharashtra

Country: India

Website: https://www.marketresearchfuture.com

[backgroundverification]

7 crore Indians Are Addicted to Drugs

In excess of 7 crore Indians are accepted to be dependent on drugs. The latest report that was introduced in the RajyaSabha shows ten suicides happen in a day in India because of medication misuse. In 2014, as indicated by the National Crime Records Bureau, 3,647 suicide cases happened because of medication maltreatment with states including Maharashtra, Tamil Nadu and Kerala recording the most elevated number of medication-related suicides. The administration discharged information identified with medicating seizures which had expanded by 455% somewhere in the range of 2011 and 2013.

A portion of the unlawful medications seized incorporate cannabis, heroin, amphetamine, cocaine, hashish, ephedrine, heroin, methamphetamine, opium, morphine and methaqualone (mandrax) among others. Of these, ganja or cannabis, opium, dark colored sugar heroin and hashish are the most usually utilized illegal medications in India. In excess of 10 million individuals are evaluated to be dependent on cannabis or ganja while heroin clients are more than one million according to one gauge.

A lion's share of medication clients is in the age gathering of 25 to 35 years which is the prime profitable years throughout everyday life. These years are likewise the make and break a very long time undoubtedly. Studies led in the territory of Punjab found that 89% of medication addicts were instructed and utilized. And these medications are being misused today. These medications are strong enough to create a huge impact on human life.  

Sick impacts of medication misuse

The yearly human services costs for managing outcomes of medication misuse are as high as eleven billion dollars. Aside from the money related repercussions, drugs cause mental and physical medical problems including:

●     A sleeping disorder

●      

●     Poor fixation and memory

●      

●     Savagery or hostility

●      

●     Suspicion

●      

●     Self-destructive inclinations

●      

●     Gloom

●      

●     Cerebrum and other organ harm

●      

●     Skin diseases

●      

●     Weight reduction

●      

●     Respiratory and stomach related framework issue

●      

How medication misuse is affecting the work environment

A portion of the dangers at the work environment with sedate maltreatment incorporates a high danger of robberies, brutality, tranquilize accelerating, non-appearance, wounds and low spirits of representatives, all of which significantly affect profitability. Studies show that workers who are dependent on drugs:

· are behind schedule for work in any event thrice the same number of times as others

 profit debilitated leave thrice as much as others

· have a fourfold expanded danger of working environment mishaps

One out of five representatives who are non-addicts, state they needed to cover for the representative who was a junkie or that they have been harmed on account of the colleague's enslavement. Substance misuse has additionally been known to be a significant reason for brutality at the work environment.

Restorative activity: Drug misuse tests, employee background check and guiding

Managers should know about the enactment identified with tranquilizing abuse and unlawful belonging in the working environment. As per the Narcotic Drugs and Psychotropic Substances Act, the ownership, utilization, and offer of any sort and measure of illegal medications are culpable. The discipline can differ contingent upon the reality or degree of the wrongdoing. First-time guilty parties may not pull in the discipline. For these, directing and restoration administrations can help address the issue.

A work environment approach ought to be created as to sedate testing, background verification, and criminal verification before business and during the business. Irregular medication misuse tests can uncover any already obscure medication maltreatment among workers.

The medication testing conventions can identify with:

Pre-business medicate misuse test

Sensible doubt based medication misuse test

Follow up sedate maltreatment testing for affirmation or post-recovery

Routine test for wellness

Arbitrary substance misuse test

Disciplinary ramifications for recurrent guilty parties post medicate misuse test

This can also be performed with a well-built verification company. A few medication testing boards are accessible in standard configurations going from five to thirteen-board tranquilize testing with the number relating to the number of medications being tried. Of these, the five-board sedate testing is all the more generally utilized.

Source: 

7 Crore Indians are addicted to drugs

[vsplusonline]

A Welfarist Outlook | Maharashtra

New Post has been published on https://apzweb.com/a-welfarist-outlook-maharashtra/

A Welfarist Outlook | Maharashtra

Maharashtra Chief Minister Uddhav Thackeray looked visibly pleased as Deputy Chief Minister and Finance Minister Ajit Pawar presented the Maharashtra Vikas Aghadi government’s first budget on March 6. Four sectors that Thackeray has long supported — agriculture, urban development, transport and tourism — have all received significant consideration.

The state budget estimates total expenditure at Rs 1.15 lakh crore, of which close to 40 per cent — about Rs 42,588 crore — will be spent on social and community services. Another Rs 16,333 crore has been allocated to agriculture and allied services, while the transport department, overseen by the Shiv Sena’s Anil Parab, has got Rs 16,846 crore. This is almost Rs 800 crore more than the crucial water resources department, headed by the Nationalist Congress Party’s Jayant Patil. The government has also announced a 1 per cent stamp duty concession for two years in urban pockets, including the Mumbai Metropolitan Region, Pune, Pimpri-Chinchwad and Nagpur. This, it is hoped, will go some way in reviving sales in the real estate sector, which is overseen by the Sena’s Eknath Shinde.

Thackeray’s focus on social welfare is evident in two schemes — loan waiver to farmers (which gets Rs 22,000 crore; Rs 15,000 crore in 2019-20 and Rs 7,000 crore in 2020-21) and the Shiv Bhojan meal at Rs 10. The latter scheme, which has been allocated Rs 150 crore, has been an instant hit since its launch on January 26. The government has now doubled the daily number of plates served to 36,000 from 18,000 across 148 centres in the state and says it plans to increase that number to 100,000 per day. “The response to this scheme has been overwhelming,” says food and civil supplies minister Chhagan Bhujbal.

The opposition has derided the “freebie” culture inherent in power minister Nitin Raut’s plan to provide free electricity up to 100 units to domestic consumers. But he is determined to continue with the AAP government-inspired plan. A committee of three secretaries has been set up to chalk out a proposal.

In keeping with the Sena’s core bel­iefs, learning Marathi is now compulsory in all boards till Standard 10. “Syllabus evaluations will be our priority in the future,” says school education minister Varsha Gaikwad, from the Congress.

The environment has always been a big priority of the Thackerays, and the chief minister’s son and minister for environment and tourism, Aaditya Thackeray, has big plans. This includes a dedicated ‘Green Fund’, and promoting free ‘forest walks’ in areas other than wildlife reserves. “I am in talks with the forest department to make it a reality,” says Aaditya. His department will also get Rs 1,000 crore for a world-class aquarium to be constructed in Worli, his constituency. Mumbai also gets an annual Rs 100 crore for the development of tourism infrastructure.

Chief Minister Thackeray has reiterated that his government’s commitment is to make people’s lives comfortable. However, Devendra Fadnavis, leader of the opposition, says Thackeray is leading a “stay government” — a dig at Uddhav’s decision to put on hold some projects initiated in Fadnavis’s time.

Get real-time alerts and all the news on your phone with the all-new India Today app. Download from

Source link

[ishaacon]

Achieve MPSC Success: Top Training in Mumbai

The Maharashtra Public Service Commission (MPSC) examination may appear formidable, nevertheless, with appropriate preparation, it can lead to a coveted profession in the state government. Aspiring civil servants in Mumbai who are looking for the top MPSC classes can find them at Chanakya Mandal Pariwar. Established by the renowned Avinash Dharmadhikari Sir (IAS), Chanakya Mandal Pariwar has a distinguished history of providing exceptional training for competitive exams from 1996. Chanakya Mandal Pariwar is the most outstanding option for MPSC coaching in Mumbai for the following reasons: Acquire expertise in the MPSC syllabus: Their intricately designed MPSC Comprehensive Course covers every aspect in great detail. Their professional faculty provides comprehensive coverage of vital subjects and current issues, ensuring that you have a comprehensive awareness of the exam scenario. Consistent review and frequent assessment exams strengthen your understanding and enhance your self-assurance. Chanakya Mandal Pariwar recognizes that individualized guidance is necessary at every stage, as a one-size-fits-all approach is not suitable. Their customized methodology offers specific attention and coaching, assisting you at each phase of your training. Seasoned mentors adeptly tackle your uncertainties and apprehensions, effectively assisting you in maintaining motivation and staying on course. Master Mock Tests with Assurance: Acquire invaluable knowledge and conquer test-related stress through their frequent practice exams. These simulations accurately reproduce the format of the MPSC exam, enabling you to evaluate your progress, pinpoint areas of weakness, and formulate effective tactics. Acquire the skill of effectively managing time and approach the exam with self-assurance, providing you with a significant advantage over other candidates. Achieving success in the MPSC takes more than just academic brilliance. Chanakya Mandal Pariwar's main objective is to enhance your personality, communication skills, and critical thinking capabilities. This will not only help you excel in the written exam but also prepare you for the important interview stage. Their customized interview preparation package provides you with the necessary skills and knowledge to perform exceptionally well in high-pressure situations and make a memorable impact on the MPSC board. Established History of Achievements: Select an institution with a documented record of success. The alumni list of Chanakya Mandal Pariwar includes a large number of accomplished MPSC officials, which serves as evidence of their dedication to achieving high standards of quality and ensuring the success of their students. Do not accept anything that is inferior to the highest quality. Enroll in Chanakya Mandal Pariwar, the leading MPSC coaching center in Mumbai, and begin your path towards realizing your MPSC aspirations. With their extensive advice and unparalleled expertise, you will be fully prepared to excel in the exam and successfully pursue your preferred profession in the Maharashtra government. Excel in MPSC exams with the expert's at Chanakya Mandal pariwar coaching in Mumbai . Join us for top-notch preparation For further information, please visit our website at: https://chanakyamandal.org/

[rohanakriti00]

Maharashtra self-redevelopment scheme: All you need to know about it

 In urban areas like Mumbai, land is exceptionally scant however the interest for lodging is developing ceaselessly. In addition, a portion of the structures in Mumbai and in different urban areas, have outlasted their valuable life and represent a hazard to the lives of the inhabitants. So as to take into account the expanded interest for lodging, with the additional target of supplanting the old structures, the administration has been advancing and controlling the redevelopment of existing properties. 

The redevelopment of old structures has definitely changed the essence of Mumbai, over the most recent 25 years. The customary practice, is for redevelopment to be done through a designer, where the advantages of the extra floor space list (FSI) collecting to the structure, don’t give to the individuals from the general public. In addition, numerous structures that went for redevelopment have been relinquished halfway by the manufacturers, leaving the first level proprietors abandoned. 

You can invest into the upcoming properties such as Prestige Smart City Ittangur . Except Godrej Boulevard Which is in Manjari, Pune. Opt for the ones which is best suited for you.

So as to guarantee that the level proprietors get the advantages of expanded FSI and to let them have their state in the redevelopment of the structure, the bureau of the administration of Maharashtra, set up a specialist board of trustees on March 8, 2019, to analyze the issue and give proposals for self-redevelopment of structures by the lodging social orders in the province of Maharashtra. A Government Resolution (GR) dated September 13, 2019, was given, to actualize the recommendations of the elevated level board. 

What is self-redevelopment plan of Mumbai 

The Maharashtra Housing and Area Development Authority (MHADA) is the overseeing expert for this plan. Under this plan, the MHADA is required to give a solitary window framework, for all the essential consents required for self-redevelopment of the lodging society. This will guarantee that the essential consents are given speedier than it would some way or another take. MHADA is additionally required to make a board of draftsmen, venture the board specialists and contractual workers, to give decisions to the lodging society, to choose the imperative experts required for self-redevelopment. The Mumbai District Central Cooperative Bank (the Bank) will give the credit to self-redevelopment of the structures of the lodging society. 

Contrast among redevelopment and self-redevelopment 

Customarily, the lodging society moves toward a manufacturer and goes into a concurrence with it, for redevelopment of the structure. The manufacturer’s risk is to give the pads to the level proprietors, according to the understanding and he is allowed to discard the extra pads to anybody, including the individuals, at arranged costs. In the event that the redevelopment work is embraced by the general public itself, with the oversight of its individuals, it is known as self-redevelopment. 

Qualification standards for self-redevelopment 

Just enlisted helpful lodging social orders of Maharashtra, are qualified to profit of the advantages offered under this GR. Along these lines, any occupants’ government assistance affiliation, isn’t qualified to profit of the advantages of such self-redevelopment. This advantage is accessible just for structures which have finished 30 years. The land on which the structure is arranged, may either be government land or private land. In this way, as long as the structure of the general public is more seasoned than 30 years, it doesn’t have any effect regarding who claims the land, with the end goal of self-redevelopment. On the off chance that the lodging society claims more than one structure of various ages, the general public select self-redevelopment just for the structure which has contended 30 years. 

Single-window framework for all endorsements 

Redevelopment of any property requires endorsement from numerous divisions and government specialists, which can be very tedious. A portion of the endorsements are interlinked. 

So as to keep away from delays, emerging because of the different divisions dealing with the applications, the GR presented a solitary window framework for making applications and giving of endorsements. This will help lessen the time and cost for the redevelopment. 

Time limit for endorsement and its execution 

So as to maintain a strategic distance from delays in allowing of endorsements and arm contorting by authorities, the GR specifies that endorsements for applications for self-redevelopment, ought to be conceded inside a half year from the date of accommodation of the application. Additionally, to fit the bill for the advantages accessible under the GR and for quicker execution, the redevelopment of the structure must be finished inside three years from the date of the endorsement. 

Empanelment and arrangement of contractual workers 

The lodging society needs to select a temporary worker, for completing the redevelopment of the structure, from a board of contractual workers kept up by the endorsing authority. For empanelment, the contractual workers need to submit accounting reports throughout the previous three years. This necessity will guarantee that no transient temporary worker gets the chance to do crafted by redevelopment under this plan. The temporary worker can be expelled, if the panel established for checking the advancement of the undertaking reports unjustifiable postponement by the contractual worker, in execution of the venture. In such a circumstance, the temporary worker can likewise be boycotted, to make him ineligible for some other venture. This necessity will fill in as an obstruction and guarantee that the contractual workers are true, in the execution of the ventures attempted. 

Account and intrigue endowment for development advances taken 

Any lodging society that applies for development credits under this GR, will be qualified for an intrigue sponsorship of 4%, which will lessen the expense of obtaining from 12.50% to 8.50%. So as to let the moneylender bank have say in the redevelopment, the credit understanding must be a tripartite understanding between the lodging society, the loan specialist bank and the contractual worker, where the loan specialist will be qualified for delegate at least one part in the advisory group of three individuals. The other two individuals will be named by the lodging society. 

Credit qualification for the self-redevelopment plan of Mumbai 

For benefiting of a credit for self-redevelopment from the Bank, the lodging society must be arranged in Mumbai rural and is additionally required to have been enrolled, under the arrangements of the Maharashtra Cooperative Societies Act, 1960. It ought to likewise be an individual from the Bank, which the general public can become, by buying portions of the Bank. Along these lines, structures that are overseen by specially appointed level proprietors’ relationship without being enrolled as helpful lodging social orders, won’t have the option to benefit of the advance office under this plan. Besides, to be qualified under the plan the lodging society ought to have taken care of all administration obligations, before it applies to the Bank for the credit. All the individuals ought to likewise have paid the upkeep charges of the general public. Thus, the general public won’t be qualified for the advance, till the defaulting individuals pay all their unpaid debts, forward-thinking. 

Technique to profit credits under self-improvement plot 

The lodging society needs to get the composed assent of 100 percent of the individuals, to continue with self-redevelopment and for selling the property of the lodging society to the Bank, to profit of the credit. The general public needs to pass a goal in the uncommon general body meeting and forward the equivalent to the representative recorder of helpful social orders. The affirmation of the goal, as submitted to the appointee enlistment center, must be joined with the application structure endorsed by the bank, alongside different reports.

These archives incorporate duplicates of the enrollment declaration, refreshed byelaws of the general public, evaluated fiscal reports throughout the previous three years, rundown of advisory group individuals, and so forth. Furthermore, the general public should give duplicates of archives confirming responsibility for land and building, which remember the transport deed for case movement has been done, land buy understanding where land was bought by the general public, duplicate of property card, 7/12 concentrate and unique arrangement of the structure. The application structure ought to be went with a duplicate of the venture report of the proposed redevelopment, alongside a nitty gritty financial plan and separation of the expense of the task and duplicates of the endorsements got from the position approved to concede such authorizations. 

The general public will likewise need to outfit subtleties of the considerable number of individuals, with their street number, address of their local spots, Aadhaar card and PAN cards. It will likewise need to outfit the duplicates of annual assessment forms (ITRs) and compensation slips if there should be an occurrence of the individuals who are not recording their ITRs. Prior to moving toward the bank for subsidizing, the general public needs to choose a draftsman, legitimate guides, venture the board advisors, contracted bookkeepers, and so forth., and outfit the duplicates of the understandings executed with them. 

Advance sum and pace of enthusiasm for the self-redevelopment plan of Mumbai 

The greatest advance sum accessible under the self-redevelopment plot 2018, is topped at Rs 50 crores by the Bank. The credit under this plan is accessible for a long time, out of which two years is the ban time frame, during which no installment is required to be made to the Bank. For redevelopment ventures where the expense is more than Rs 50 crores, the advance residency will be 10 years and the underlying ban time frame will be three years. 

Be that as it may, when the ban time frame is finished, the collected intrigue must be paid on the double. When the unpaid debts of premium is paid, the bank will decide the measure of portions to be paid, towards reimbursement of the credit. It might be noticed that the advance can be reimbursed even before its unique residency and the Bank won’t charge any prepayment punishment. 

By and by, the bank charges enthusiasm at the pace of 12.50 percent per annum for advances conceded under this plan. The general public and its individuals need to contribute at least 15 percent of the venture’s expense and the staying 85 percent, subject to a limit of Rs 50 crores, will be subsidized by the Bank. As a security, the general public should execute an ‘English home loan’, in regard of the property of the general public with the Bank, including the structure proposed to be built. 

Stamp obligation concession for self-redevelopment 

For the current level proprietors of the lodging society, there will be no stamp obligation risk, concerning the pads designated to them in the new structure. Notwithstanding, for the extra pads that are being made accessible to the current individuals under the Prime Minister Awas Yojana, the stamp obligation will be limited to Rs 1,000 in particular, per level. The top on stamp obligation will be relevant, regardless of whether the part is dispensed higher zone than what he held already. As for the extra pads that are sold at open market value, the stamp obligation should be paid according to the stamp obligation reckoner rates. 

Advantage of extra FSI, concession on premium and refund on TDR 

In the event that the redevelopment is embraced by the lodging society, the general public will be qualified for an extra FSI of 10%, well beyond what it is qualified for under the improvement guidelines of the region. In any event, for Transfer of Development rights (TDS), the charges would be half of the typical charges payable by the general public. The general public will likewise be qualified for a rebate, in the installment of different premiums for benefiting of the extra FSI. 

Precautionary measures while choosing self-redevelopment 

As redevelopment of a structure includes managing enormous wholes of cash and granting agreements to different individuals, it is significant for the individuals from the lodging society to pick people of trustworthiness to be individuals from overseeing board of trustees. There have been various cases of claims of acts of neglect by the overseeing board of trustees individuals, prompting delays in the finish of the task and cost accelerations. 

What is simply the bit by bit methodology redevelopment? 

Stage 1: Obtain the consent from the general public individuals 

Getting the assent from the inhabitants/individuals from the general public is the initial step. This should be possible when the general public assembles a Special General Body Meeting everything being equal and the neighborhood enlistment center’s delegate will direct the gathering. According to Section 79A of the Maharashtra Cooperative Societies Act, 1960, 51% of the condo proprietors ought to concur for the remaking venture and sign the affirmation. A duplicate of this affirmation must be held, for sometime later. 

Stage 2: Get the plausibility study done 

When the affirmation is marked by the greater part of the complete inhabitants, society needs to recruit a draftsman, who will build up an attainability report, which ought to contain the current structure plan, floor space file, size of existing units, TDR, fungible FSI and absolute cost engaged with the venture’s execution. The report will likewise list the chance of any extra advancement as a deal part. It will be partitioned into three classifications – specialized, money related and different advantages of self-redevelopment. 

Stage 3: Document confirmation 

To proceed with the self-redevelopment, the general public must have a transport deed in its name. On the off chance that the land is claimed by the state authority or the Maharashtra Housing and Area Development Authority (MHADA), at that point, a no-protest authentication must be acquired from the proprietor. 

Other imperative records: 

Chain and Triangle Survey (CTS) plan 

7/12 concentrate 

Advancement plan 

Enrollment endorsement 

Rundown of council individuals 

Rundown of enhancements endorsed 

Difficulty zone subtleties 

Plot zone estimations 

Endorsed plans for redevelopment 

Inhabitance declaration 

Evaluated fiscal reports for in any event most recent three years 

Subtleties of all general public individuals, including their unit estimates according to the genuine arrangement 

Stage 4: Bring specialists ready 

You would need to employ a group of specialists, for example, a sanctioned bookkeeper and a lawful guide. You may need to look after records, personal duty and GST returns. A lawful consultant will help you in compliances and RERA enlistment. You may likewise need to recruit a temporary worker, who will deal with the development. You will likewise require an engineer, who will assist you with concluding the financial plan also. 

Stage 5: Get endorsements 

The Maharashtra government has begun a solitary window freedom framework, for self-redevelopment ventures. There are just about 55-60 clearances required for such activities, including NOCs from waterfront guideline zone, traffic, fire, protection, flying and different specialists. 

Stage 6: Get the assets 

The general public can get an advance from the bank for the redevelopment venture. For this, subtleties of all general public individuals, including Aadhaar card and PAN card must be submitted to the bank. Alongside this, understandings executed with designers, legitimate consultants and every single other master employed for the redevelopment venture, should be submitted to the bank. There ought to be no pending levy under the name of society or any remarkable upkeep charges from the occupants. At present, the advance sum that can be endorsed to social orders under the self-redevelopment plot, is topped at Rs 50 crores for a long time. 

Stage 7: Temporary courses of action 

When the assets are dispensed, you can begin the development work. In any case, brief plans for the stay of the inhabitants must be made, until the venture is finished. When the engineer gets the structure plan endorsed from the civil partnership, the general public needs to pay the top notch charge. The lawful counsel will get the venture enlisted under RERA, if new deal units are being included the undertaking.

from http://www.cityofgold.ind.in/2020/08/maharashtra-self-redevelopment-scheme.html from https://rohanakriti0.tumblr.com/post/626067930900267008

[rohanakritiprice]

Maharashtra self-redevelopment scheme: All you need to know about it

 In urban areas like Mumbai, land is exceptionally scant however the interest for lodging is developing ceaselessly. In addition, a portion of the structures in Mumbai and in different urban areas, have outlasted their valuable life and represent a hazard to the lives of the inhabitants. So as to take into account the expanded interest for lodging, with the additional target of supplanting the old structures, the administration has been advancing and controlling the redevelopment of existing properties. 

The redevelopment of old structures has definitely changed the essence of Mumbai, over the most recent 25 years. The customary practice, is for redevelopment to be done through a designer, where the advantages of the extra floor space list (FSI) collecting to the structure, don't give to the individuals from the general public. In addition, numerous structures that went for redevelopment have been relinquished halfway by the manufacturers, leaving the first level proprietors abandoned. 

You can invest into the upcoming properties such as Prestige Smart City Ittangur . Except Godrej Boulevard Which is in Manjari, Pune. Opt for the ones which is best suited for you.

So as to guarantee that the level proprietors get the advantages of expanded FSI and to let them have their state in the redevelopment of the structure, the bureau of the administration of Maharashtra, set up a specialist board of trustees on March 8, 2019, to analyze the issue and give proposals for self-redevelopment of structures by the lodging social orders in the province of Maharashtra. A Government Resolution (GR) dated September 13, 2019, was given, to actualize the recommendations of the elevated level board. 

What is self-redevelopment plan of Mumbai 

The Maharashtra Housing and Area Development Authority (MHADA) is the overseeing expert for this plan. Under this plan, the MHADA is required to give a solitary window framework, for all the essential consents required for self-redevelopment of the lodging society. This will guarantee that the essential consents are given speedier than it would some way or another take. MHADA is additionally required to make a board of draftsmen, venture the board specialists and contractual workers, to give decisions to the lodging society, to choose the imperative experts required for self-redevelopment. The Mumbai District Central Cooperative Bank (the Bank) will give the credit to self-redevelopment of the structures of the lodging society. 

Contrast among redevelopment and self-redevelopment 

Customarily, the lodging society moves toward a manufacturer and goes into a concurrence with it, for redevelopment of the structure. The manufacturer's risk is to give the pads to the level proprietors, according to the understanding and he is allowed to discard the extra pads to anybody, including the individuals, at arranged costs. In the event that the redevelopment work is embraced by the general public itself, with the oversight of its individuals, it is known as self-redevelopment. 

Qualification standards for self-redevelopment 

Just enlisted helpful lodging social orders of Maharashtra, are qualified to profit of the advantages offered under this GR. Along these lines, any occupants' government assistance affiliation, isn't qualified to profit of the advantages of such self-redevelopment. This advantage is accessible just for structures which have finished 30 years. The land on which the structure is arranged, may either be government land or private land. In this way, as long as the structure of the general public is more seasoned than 30 years, it doesn't have any effect regarding who claims the land, with the end goal of self-redevelopment. On the off chance that the lodging society claims more than one structure of various ages, the general public select self-redevelopment just for the structure which has contended 30 years. 

Single-window framework for all endorsements 

Redevelopment of any property requires endorsement from numerous divisions and government specialists, which can be very tedious. A portion of the endorsements are interlinked. 

So as to keep away from delays, emerging because of the different divisions dealing with the applications, the GR presented a solitary window framework for making applications and giving of endorsements. This will help lessen the time and cost for the redevelopment. 

Time limit for endorsement and its execution 

So as to maintain a strategic distance from delays in allowing of endorsements and arm contorting by authorities, the GR specifies that endorsements for applications for self-redevelopment, ought to be conceded inside a half year from the date of accommodation of the application. Additionally, to fit the bill for the advantages accessible under the GR and for quicker execution, the redevelopment of the structure must be finished inside three years from the date of the endorsement. 

Empanelment and arrangement of contractual workers 

The lodging society needs to select a temporary worker, for completing the redevelopment of the structure, from a board of contractual workers kept up by the endorsing authority. For empanelment, the contractual workers need to submit accounting reports throughout the previous three years. This necessity will guarantee that no transient temporary worker gets the chance to do crafted by redevelopment under this plan. The temporary worker can be expelled, if the panel established for checking the advancement of the undertaking reports unjustifiable postponement by the contractual worker, in execution of the venture. In such a circumstance, the temporary worker can likewise be boycotted, to make him ineligible for some other venture. This necessity will fill in as an obstruction and guarantee that the contractual workers are true, in the execution of the ventures attempted. 

Account and intrigue endowment for development advances taken 

Any lodging society that applies for development credits under this GR, will be qualified for an intrigue sponsorship of 4%, which will lessen the expense of obtaining from 12.50% to 8.50%. So as to let the moneylender bank have say in the redevelopment, the credit understanding must be a tripartite understanding between the lodging society, the loan specialist bank and the contractual worker, where the loan specialist will be qualified for delegate at least one part in the advisory group of three individuals. The other two individuals will be named by the lodging society. 

Credit qualification for the self-redevelopment plan of Mumbai 

For benefiting of a credit for self-redevelopment from the Bank, the lodging society must be arranged in Mumbai rural and is additionally required to have been enrolled, under the arrangements of the Maharashtra Cooperative Societies Act, 1960. It ought to likewise be an individual from the Bank, which the general public can become, by buying portions of the Bank. Along these lines, structures that are overseen by specially appointed level proprietors' relationship without being enrolled as helpful lodging social orders, won't have the option to benefit of the advance office under this plan. Besides, to be qualified under the plan the lodging society ought to have taken care of all administration obligations, before it applies to the Bank for the credit. All the individuals ought to likewise have paid the upkeep charges of the general public. Thus, the general public won't be qualified for the advance, till the defaulting individuals pay all their unpaid debts, forward-thinking. 

Technique to profit credits under self-improvement plot 

The lodging society needs to get the composed assent of 100 percent of the individuals, to continue with self-redevelopment and for selling the property of the lodging society to the Bank, to profit of the credit. The general public needs to pass a goal in the uncommon general body meeting and forward the equivalent to the representative recorder of helpful social orders. The affirmation of the goal, as submitted to the appointee enlistment center, must be joined with the application structure endorsed by the bank, alongside different reports.

These archives incorporate duplicates of the enrollment declaration, refreshed byelaws of the general public, evaluated fiscal reports throughout the previous three years, rundown of advisory group individuals, and so forth. Furthermore, the general public should give duplicates of archives confirming responsibility for land and building, which remember the transport deed for case movement has been done, land buy understanding where land was bought by the general public, duplicate of property card, 7/12 concentrate and unique arrangement of the structure. The application structure ought to be went with a duplicate of the venture report of the proposed redevelopment, alongside a nitty gritty financial plan and separation of the expense of the task and duplicates of the endorsements got from the position approved to concede such authorizations. 

The general public will likewise need to outfit subtleties of the considerable number of individuals, with their street number, address of their local spots, Aadhaar card and PAN cards. It will likewise need to outfit the duplicates of annual assessment forms (ITRs) and compensation slips if there should be an occurrence of the individuals who are not recording their ITRs. Prior to moving toward the bank for subsidizing, the general public needs to choose a draftsman, legitimate guides, venture the board advisors, contracted bookkeepers, and so forth., and outfit the duplicates of the understandings executed with them. 

Advance sum and pace of enthusiasm for the self-redevelopment plan of Mumbai 

The greatest advance sum accessible under the self-redevelopment plot 2018, is topped at Rs 50 crores by the Bank. The credit under this plan is accessible for a long time, out of which two years is the ban time frame, during which no installment is required to be made to the Bank. For redevelopment ventures where the expense is more than Rs 50 crores, the advance residency will be 10 years and the underlying ban time frame will be three years. 

Be that as it may, when the ban time frame is finished, the collected intrigue must be paid on the double. When the unpaid debts of premium is paid, the bank will decide the measure of portions to be paid, towards reimbursement of the credit. It might be noticed that the advance can be reimbursed even before its unique residency and the Bank won't charge any prepayment punishment. 

By and by, the bank charges enthusiasm at the pace of 12.50 percent per annum for advances conceded under this plan. The general public and its individuals need to contribute at least 15 percent of the venture's expense and the staying 85 percent, subject to a limit of Rs 50 crores, will be subsidized by the Bank. As a security, the general public should execute an 'English home loan', in regard of the property of the general public with the Bank, including the structure proposed to be built. 

Stamp obligation concession for self-redevelopment 

For the current level proprietors of the lodging society, there will be no stamp obligation risk, concerning the pads designated to them in the new structure. Notwithstanding, for the extra pads that are being made accessible to the current individuals under the Prime Minister Awas Yojana, the stamp obligation will be limited to Rs 1,000 in particular, per level. The top on stamp obligation will be relevant, regardless of whether the part is dispensed higher zone than what he held already. As for the extra pads that are sold at open market value, the stamp obligation should be paid according to the stamp obligation reckoner rates. 

Advantage of extra FSI, concession on premium and refund on TDR 

In the event that the redevelopment is embraced by the lodging society, the general public will be qualified for an extra FSI of 10%, well beyond what it is qualified for under the improvement guidelines of the region. In any event, for Transfer of Development rights (TDS), the charges would be half of the typical charges payable by the general public. The general public will likewise be qualified for a rebate, in the installment of different premiums for benefiting of the extra FSI. 

Precautionary measures while choosing self-redevelopment 

As redevelopment of a structure includes managing enormous wholes of cash and granting agreements to different individuals, it is significant for the individuals from the lodging society to pick people of trustworthiness to be individuals from overseeing board of trustees. There have been various cases of claims of acts of neglect by the overseeing board of trustees individuals, prompting delays in the finish of the task and cost accelerations. 

What is simply the bit by bit methodology redevelopment? 

Stage 1: Obtain the consent from the general public individuals 

Getting the assent from the inhabitants/individuals from the general public is the initial step. This should be possible when the general public assembles a Special General Body Meeting everything being equal and the neighborhood enlistment center's delegate will direct the gathering. According to Section 79A of the Maharashtra Cooperative Societies Act, 1960, 51% of the condo proprietors ought to concur for the remaking venture and sign the affirmation. A duplicate of this affirmation must be held, for sometime later. 

Stage 2: Get the plausibility study done 

When the affirmation is marked by the greater part of the complete inhabitants, society needs to recruit a draftsman, who will build up an attainability report, which ought to contain the current structure plan, floor space file, size of existing units, TDR, fungible FSI and absolute cost engaged with the venture's execution. The report will likewise list the chance of any extra advancement as a deal part. It will be partitioned into three classifications – specialized, money related and different advantages of self-redevelopment. 

Stage 3: Document confirmation 

To proceed with the self-redevelopment, the general public must have a transport deed in its name. On the off chance that the land is claimed by the state authority or the Maharashtra Housing and Area Development Authority (MHADA), at that point, a no-protest authentication must be acquired from the proprietor. 

Other imperative records: 

Chain and Triangle Survey (CTS) plan 

7/12 concentrate 

Advancement plan 

Enrollment endorsement 

Rundown of council individuals 

Rundown of enhancements endorsed 

Difficulty zone subtleties 

Plot zone estimations 

Endorsed plans for redevelopment 

Inhabitance declaration 

Evaluated fiscal reports for in any event most recent three years 

Subtleties of all general public individuals, including their unit estimates according to the genuine arrangement 

Stage 4: Bring specialists ready 

You would need to employ a group of specialists, for example, a sanctioned bookkeeper and a lawful guide. You may need to look after records, personal duty and GST returns. A lawful consultant will help you in compliances and RERA enlistment. You may likewise need to recruit a temporary worker, who will deal with the development. You will likewise require an engineer, who will assist you with concluding the financial plan also. 

Stage 5: Get endorsements 

The Maharashtra government has begun a solitary window freedom framework, for self-redevelopment ventures. There are just about 55-60 clearances required for such activities, including NOCs from waterfront guideline zone, traffic, fire, protection, flying and different specialists. 

Stage 6: Get the assets 

The general public can get an advance from the bank for the redevelopment venture. For this, subtleties of all general public individuals, including Aadhaar card and PAN card must be submitted to the bank. Alongside this, understandings executed with designers, legitimate consultants and every single other master employed for the redevelopment venture, should be submitted to the bank. There ought to be no pending levy under the name of society or any remarkable upkeep charges from the occupants. At present, the advance sum that can be endorsed to social orders under the self-redevelopment plot, is topped at Rs 50 crores for a long time. 

Stage 7: Temporary courses of action 

When the assets are dispensed, you can begin the development work. In any case, brief plans for the stay of the inhabitants must be made, until the venture is finished. When the engineer gets the structure plan endorsed from the civil partnership, the general public needs to pay the top notch charge. The lawful counsel will get the venture enlisted under RERA, if new deal units are being included the undertaking.

from http://www.cityofgold.ind.in/2020/08/maharashtra-self-redevelopment-scheme.html from https://ift.tt/2F786VL

[atomicdinosaurdonut]

Multi-Camera System Market 2020| Business Size, Share, Industry Trends, Segmentation, Covid-19 Outbreak, Technologies, Applications, Verticals, Strategies and Regional Trends by Forecast 2023

During sports events, and for surveillance activities in any premises, all the action is captured by the multi-camera system. With events like Formula-1 race, FIFA World Cup guaranteed to be popular among masses in the current era and need for surveillance in every public place required, the market for multi-camera systems is set to stay strong. In the recent times, due to monitoring via camera becoming easier, and technology becoming advanced, its integration in vehicles such as advanced driver assistance systems, the market for the multi-camera system is growing significantly. Factors that are driving the market include rising safety concerns among individuals and increased emphasis by the insurance companies. Increasing demand for vehicles is resulting in the rising production. These two factors are also contributing to the growth of the multi-camera system market. Rapidly developing infrastructure around the world is certain to impact the multi-camera system market in a positive way. Government policies that are favorable to automotive manufacturers are also giving a boost to this market, and this is expected to continue during the forecast period. However, the market growth can faces hindrances due to high initial costs associated with multi-camera systems.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/5357

Market Research Future (MRFR) has published a research report about the global multi-camera system market that evaluates massive upturn in this market between 2017 and 2023. This report comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects, offered by various industry experts. Providing deeper insights into the market and industry performance, the report studies and observes current and projected market size, in terms of macroeconomic factors and governing factors, value, research and development (R & D) and technological advancement, in the market. It also profiles the key players in the market.

The segmentation of the global multi-camera system market on the basis of the display, function, vehicle type, and lastly region. Based on display, the market segmentation of the multi-camera system covers 2-Dimensional (2D) and 3-Dimensional (3D). On the basis of function, this market has been segmented into advanced driver-assistance systems (ADAS) and Parking. ADAS are systems that help the driver in the driving process. Designed with a safe human-machine interface, they are intended to increase car safety and more generally road safety. The purpose of the parking function is to aid safe parking for the vehicle. By vehicle types, the market has been segmented on the basis of passenger vehicle and commercial vehicles. Vehicles like car, scooter, and motorcycles are some examples of passenger vehicles whereas bus, truck, Lorries, and trains are commercial vehicles.

The regional segmentation of the global multi-camera system market segments the market into regions namely North America, Europe, Asia Pacific and Middle East & Africa (MEA). Due to major manufacturers having a base in North America and Europe are the two leading regional markets for the multi-camera system. In North America and Europe, manufacturers receive heavy investment in R & D, which enables them to develop new products and techniques that tap the market in the near future. In North America, the biggest markets for the multi-camera system are the United States of America (USA) and Canada. In Europe, the biggest markets are France, Germany, Italy, Spain, and the United Kingdom (UK). Rest of European countries also serve as a sizable market for the multi-camera system.

Currently, Asia Pacific is the fastest growing market for the multi-camera system. Factors driving the market in this region include improving infrastructure in this region, improving living standards, and rising vehicle production. Due to increasing vehicle electrification in the Asia Pacific region, the multi-camera system market is expected to grow sharply in this region. The biggest markets for the multi-camera system are China, India, Japan, and South Korea, followed by the rest of the Asia Pacific region. Availability of cheap labor in this region also reduces the cost of production due to which vehicles made in this region can be sold on more nominal prices. In the MEA region, due to poor infrastructure and less technological advancement, the market is small and limited.

Key Players

The key players in multi-camera system include Ambarella (USA), Bosch (Germany), Clarion (Japan), Continental (Germany), Delphi (UK), Magna (Canada), NXP Semiconductors (Netherlands), OmniVision Technologies (USA), Samvardhana Motherson Reflectec (Germany), Texas Instruments (USA), Valeo (France), and Xilinx (USA).

Browse Report @ https://www.marketresearchfuture.com/reports/multi-camera-system-market-5357

Key Questions Addressed by the Report

What was the historic market size     (2020)?

Which segmentation (Product/     Capacity) is driving market?

What will be the growth rate by     2023?

How are the key players in this     market?

What are the strategies adopted by     key players?

Latest Industry News

·         E-Con Systems has launched the 4K multi-camera system for NVIDIA Jetson TX1/TX2. This system features three 4-Lane MIPI CSI-2 camera boards and baseboard to interface with the J22 connector on a Jetson TX1 or TX2 development kit from NVIDIA. 27 JUNE 2018

·         Engineers from Continental Romania are working to Continental’s new virtual driving school technology. The purpose of this technology is to use Artificial Intelligence (AI) in order to give vehicle systems, human understanding. The series production of Continental's fifth generation of its multi-function camera is expected to begin in 2020. This camera will use neural networks alongside traditional computer vision processes. 2 JUL 2018

  TABLE OF CONTENT

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

 About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact Company Name: Market Research Future Contact Person: Abhishek Sawant Email: Send Email Phone: +1 646 845 9312 Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar City: Pune State: Maharashtra Country: India Website:  https://www.marketresearchfuture.com

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[rohanakriti0]

Maharashtra self-redevelopment scheme: All you need to know about it

 In urban areas like Mumbai, land is exceptionally scant however the interest for lodging is developing ceaselessly. In addition, a portion of the structures in Mumbai and in different urban areas, have outlasted their valuable life and represent a hazard to the lives of the inhabitants. So as to take into account the expanded interest for lodging, with the additional target of supplanting the old structures, the administration has been advancing and controlling the redevelopment of existing properties. 

The redevelopment of old structures has definitely changed the essence of Mumbai, over the most recent 25 years. The customary practice, is for redevelopment to be done through a designer, where the advantages of the extra floor space list (FSI) collecting to the structure, don't give to the individuals from the general public. In addition, numerous structures that went for redevelopment have been relinquished halfway by the manufacturers, leaving the first level proprietors abandoned. 

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So as to guarantee that the level proprietors get the advantages of expanded FSI and to let them have their state in the redevelopment of the structure, the bureau of the administration of Maharashtra, set up a specialist board of trustees on March 8, 2019, to analyze the issue and give proposals for self-redevelopment of structures by the lodging social orders in the province of Maharashtra. A Government Resolution (GR) dated September 13, 2019, was given, to actualize the recommendations of the elevated level board. 

What is self-redevelopment plan of Mumbai 

The Maharashtra Housing and Area Development Authority (MHADA) is the overseeing expert for this plan. Under this plan, the MHADA is required to give a solitary window framework, for all the essential consents required for self-redevelopment of the lodging society. This will guarantee that the essential consents are given speedier than it would some way or another take. MHADA is additionally required to make a board of draftsmen, venture the board specialists and contractual workers, to give decisions to the lodging society, to choose the imperative experts required for self-redevelopment. The Mumbai District Central Cooperative Bank (the Bank) will give the credit to self-redevelopment of the structures of the lodging society. 

Contrast among redevelopment and self-redevelopment 

Customarily, the lodging society moves toward a manufacturer and goes into a concurrence with it, for redevelopment of the structure. The manufacturer's risk is to give the pads to the level proprietors, according to the understanding and he is allowed to discard the extra pads to anybody, including the individuals, at arranged costs. In the event that the redevelopment work is embraced by the general public itself, with the oversight of its individuals, it is known as self-redevelopment. 

Qualification standards for self-redevelopment 

Just enlisted helpful lodging social orders of Maharashtra, are qualified to profit of the advantages offered under this GR. Along these lines, any occupants' government assistance affiliation, isn't qualified to profit of the advantages of such self-redevelopment. This advantage is accessible just for structures which have finished 30 years. The land on which the structure is arranged, may either be government land or private land. In this way, as long as the structure of the general public is more seasoned than 30 years, it doesn't have any effect regarding who claims the land, with the end goal of self-redevelopment. On the off chance that the lodging society claims more than one structure of various ages, the general public select self-redevelopment just for the structure which has contended 30 years. 

Single-window framework for all endorsements 

Redevelopment of any property requires endorsement from numerous divisions and government specialists, which can be very tedious. A portion of the endorsements are interlinked. 

So as to keep away from delays, emerging because of the different divisions dealing with the applications, the GR presented a solitary window framework for making applications and giving of endorsements. This will help lessen the time and cost for the redevelopment. 

Time limit for endorsement and its execution 

So as to maintain a strategic distance from delays in allowing of endorsements and arm contorting by authorities, the GR specifies that endorsements for applications for self-redevelopment, ought to be conceded inside a half year from the date of accommodation of the application. Additionally, to fit the bill for the advantages accessible under the GR and for quicker execution, the redevelopment of the structure must be finished inside three years from the date of the endorsement. 

Empanelment and arrangement of contractual workers 

The lodging society needs to select a temporary worker, for completing the redevelopment of the structure, from a board of contractual workers kept up by the endorsing authority. For empanelment, the contractual workers need to submit accounting reports throughout the previous three years. This necessity will guarantee that no transient temporary worker gets the chance to do crafted by redevelopment under this plan. The temporary worker can be expelled, if the panel established for checking the advancement of the undertaking reports unjustifiable postponement by the contractual worker, in execution of the venture. In such a circumstance, the temporary worker can likewise be boycotted, to make him ineligible for some other venture. This necessity will fill in as an obstruction and guarantee that the contractual workers are true, in the execution of the ventures attempted. 

Account and intrigue endowment for development advances taken 

Any lodging society that applies for development credits under this GR, will be qualified for an intrigue sponsorship of 4%, which will lessen the expense of obtaining from 12.50% to 8.50%. So as to let the moneylender bank have say in the redevelopment, the credit understanding must be a tripartite understanding between the lodging society, the loan specialist bank and the contractual worker, where the loan specialist will be qualified for delegate at least one part in the advisory group of three individuals. The other two individuals will be named by the lodging society. 

Credit qualification for the self-redevelopment plan of Mumbai 

For benefiting of a credit for self-redevelopment from the Bank, the lodging society must be arranged in Mumbai rural and is additionally required to have been enrolled, under the arrangements of the Maharashtra Cooperative Societies Act, 1960. It ought to likewise be an individual from the Bank, which the general public can become, by buying portions of the Bank. Along these lines, structures that are overseen by specially appointed level proprietors' relationship without being enrolled as helpful lodging social orders, won't have the option to benefit of the advance office under this plan. Besides, to be qualified under the plan the lodging society ought to have taken care of all administration obligations, before it applies to the Bank for the credit. All the individuals ought to likewise have paid the upkeep charges of the general public. Thus, the general public won't be qualified for the advance, till the defaulting individuals pay all their unpaid debts, forward-thinking. 

Technique to profit credits under self-improvement plot 

The lodging society needs to get the composed assent of 100 percent of the individuals, to continue with self-redevelopment and for selling the property of the lodging society to the Bank, to profit of the credit. The general public needs to pass a goal in the uncommon general body meeting and forward the equivalent to the representative recorder of helpful social orders. The affirmation of the goal, as submitted to the appointee enlistment center, must be joined with the application structure endorsed by the bank, alongside different reports.

These archives incorporate duplicates of the enrollment declaration, refreshed byelaws of the general public, evaluated fiscal reports throughout the previous three years, rundown of advisory group individuals, and so forth. Furthermore, the general public should give duplicates of archives confirming responsibility for land and building, which remember the transport deed for case movement has been done, land buy understanding where land was bought by the general public, duplicate of property card, 7/12 concentrate and unique arrangement of the structure. The application structure ought to be went with a duplicate of the venture report of the proposed redevelopment, alongside a nitty gritty financial plan and separation of the expense of the task and duplicates of the endorsements got from the position approved to concede such authorizations. 

The general public will likewise need to outfit subtleties of the considerable number of individuals, with their street number, address of their local spots, Aadhaar card and PAN cards. It will likewise need to outfit the duplicates of annual assessment forms (ITRs) and compensation slips if there should be an occurrence of the individuals who are not recording their ITRs. Prior to moving toward the bank for subsidizing, the general public needs to choose a draftsman, legitimate guides, venture the board advisors, contracted bookkeepers, and so forth., and outfit the duplicates of the understandings executed with them. 

Advance sum and pace of enthusiasm for the self-redevelopment plan of Mumbai 

The greatest advance sum accessible under the self-redevelopment plot 2018, is topped at Rs 50 crores by the Bank. The credit under this plan is accessible for a long time, out of which two years is the ban time frame, during which no installment is required to be made to the Bank. For redevelopment ventures where the expense is more than Rs 50 crores, the advance residency will be 10 years and the underlying ban time frame will be three years. 

Be that as it may, when the ban time frame is finished, the collected intrigue must be paid on the double. When the unpaid debts of premium is paid, the bank will decide the measure of portions to be paid, towards reimbursement of the credit. It might be noticed that the advance can be reimbursed even before its unique residency and the Bank won't charge any prepayment punishment. 

By and by, the bank charges enthusiasm at the pace of 12.50 percent per annum for advances conceded under this plan. The general public and its individuals need to contribute at least 15 percent of the venture's expense and the staying 85 percent, subject to a limit of Rs 50 crores, will be subsidized by the Bank. As a security, the general public should execute an 'English home loan', in regard of the property of the general public with the Bank, including the structure proposed to be built. 

Stamp obligation concession for self-redevelopment 

For the current level proprietors of the lodging society, there will be no stamp obligation risk, concerning the pads designated to them in the new structure. Notwithstanding, for the extra pads that are being made accessible to the current individuals under the Prime Minister Awas Yojana, the stamp obligation will be limited to Rs 1,000 in particular, per level. The top on stamp obligation will be relevant, regardless of whether the part is dispensed higher zone than what he held already. As for the extra pads that are sold at open market value, the stamp obligation should be paid according to the stamp obligation reckoner rates. 

Advantage of extra FSI, concession on premium and refund on TDR 

In the event that the redevelopment is embraced by the lodging society, the general public will be qualified for an extra FSI of 10%, well beyond what it is qualified for under the improvement guidelines of the region. In any event, for Transfer of Development rights (TDS), the charges would be half of the typical charges payable by the general public. The general public will likewise be qualified for a rebate, in the installment of different premiums for benefiting of the extra FSI. 

Precautionary measures while choosing self-redevelopment 

As redevelopment of a structure includes managing enormous wholes of cash and granting agreements to different individuals, it is significant for the individuals from the lodging society to pick people of trustworthiness to be individuals from overseeing board of trustees. There have been various cases of claims of acts of neglect by the overseeing board of trustees individuals, prompting delays in the finish of the task and cost accelerations. 

What is simply the bit by bit methodology redevelopment? 

Stage 1: Obtain the consent from the general public individuals 

Getting the assent from the inhabitants/individuals from the general public is the initial step. This should be possible when the general public assembles a Special General Body Meeting everything being equal and the neighborhood enlistment center's delegate will direct the gathering. According to Section 79A of the Maharashtra Cooperative Societies Act, 1960, 51% of the condo proprietors ought to concur for the remaking venture and sign the affirmation. A duplicate of this affirmation must be held, for sometime later. 

Stage 2: Get the plausibility study done 

When the affirmation is marked by the greater part of the complete inhabitants, society needs to recruit a draftsman, who will build up an attainability report, which ought to contain the current structure plan, floor space file, size of existing units, TDR, fungible FSI and absolute cost engaged with the venture's execution. The report will likewise list the chance of any extra advancement as a deal part. It will be partitioned into three classifications – specialized, money related and different advantages of self-redevelopment. 

Stage 3: Document confirmation 

To proceed with the self-redevelopment, the general public must have a transport deed in its name. On the off chance that the land is claimed by the state authority or the Maharashtra Housing and Area Development Authority (MHADA), at that point, a no-protest authentication must be acquired from the proprietor. 

Other imperative records: 

Chain and Triangle Survey (CTS) plan 

7/12 concentrate 

Advancement plan 

Enrollment endorsement 

Rundown of council individuals 

Rundown of enhancements endorsed 

Difficulty zone subtleties 

Plot zone estimations 

Endorsed plans for redevelopment 

Inhabitance declaration 

Evaluated fiscal reports for in any event most recent three years 

Subtleties of all general public individuals, including their unit estimates according to the genuine arrangement 

Stage 4: Bring specialists ready 

You would need to employ a group of specialists, for example, a sanctioned bookkeeper and a lawful guide. You may need to look after records, personal duty and GST returns. A lawful consultant will help you in compliances and RERA enlistment. You may likewise need to recruit a temporary worker, who will deal with the development. You will likewise require an engineer, who will assist you with concluding the financial plan also. 

Stage 5: Get endorsements 

The Maharashtra government has begun a solitary window freedom framework, for self-redevelopment ventures. There are just about 55-60 clearances required for such activities, including NOCs from waterfront guideline zone, traffic, fire, protection, flying and different specialists. 

Stage 6: Get the assets 

The general public can get an advance from the bank for the redevelopment venture. For this, subtleties of all general public individuals, including Aadhaar card and PAN card must be submitted to the bank. Alongside this, understandings executed with designers, legitimate consultants and every single other master employed for the redevelopment venture, should be submitted to the bank. There ought to be no pending levy under the name of society or any remarkable upkeep charges from the occupants. At present, the advance sum that can be endorsed to social orders under the self-redevelopment plot, is topped at Rs 50 crores for a long time. 

Stage 7: Temporary courses of action 

When the assets are dispensed, you can begin the development work. In any case, brief plans for the stay of the inhabitants must be made, until the venture is finished. When the engineer gets the structure plan endorsed from the civil partnership, the general public needs to pay the top notch charge. The lawful counsel will get the venture enlisted under RERA, if new deal units are being included the undertaking.

from http://www.cityofgold.ind.in/2020/08/maharashtra-self-redevelopment-scheme.html

[brajeshupadhyay]

08:47 (IST) Coronavirus in Rajasthan LATEST Updates Impose lockdown in an area if no of COVID-19 cases rises, says Rajasthan CM Rajasthan Chief Minister Ashok Gehlot has asked district collectors to clamp a lockdown in an area if the number of coronavirus cases is on the rise there. He said the collectors may impose other restrictions such as declaring containment zones and announcing a night curfew, according to the requirements. Chairing a review meeting on 3 August, Gehlot also directed officials to ensure compliance of the COVID-19 health protocols, adding that the situation may worsen if the same are violated.  08:17 (IST) Coronavirus in Tripura LATEST Updates Tripura CM self-isolates after two family members test positive Tripura Chief Minister Biplab Deb goes in self-isolation after two of his family members test positive. Deb says he is waiting for the results of his Covid-19 test. Two of my family members found COVID19 POSITIVE.Other family members found NEGATIVE I have undergone COVID19 test, result is yet to come I am following self isolation at my residence & all precautionary measures have been taken Praying for the speedy recovery of family members — Biplab Kumar Deb (@BjpBiplab) August 3, 2020 08:15 (IST) Coronavirus in Karnataka LATEST Updates Former Karnataka CM Siddaramaiah tests COVID-19 positive Former Karnataka Chief Minister and Leader of Opposition Siddaramaiah on Tuesday has said that he has tested positive for COVID19 and has been admitted to hospital. I have been tested positive for #Covid19 & also been admitted to the hospital on the advice of doctors as a precaution. I request all those who had come in contact with me to check out for symptoms & to quarantine themselves. — Siddaramaiah (@siddaramaiah) August 4, 2020 08:09 (IST) Coronavirus in India LATEST Updates Over 6.1 lakh tests done in past 24 hours According to the Ministry of Health and Family Welfare 6,61,715 COVID19 tests have been conducted in India in the last 24 hours. 07:59 (IST) Coronavirus LATEST Updates Despite vaccine hopes, no silves bullet for COVID-19, warns WHO The World Health Organization warned on Monday that, despite strong hopes for a vaccine, there might never be a "silver bullet"; for Covid-19, and the road to normality would be long. More than 18.14 million people around the world are reported to have been infected with the disease and 688,080​ have died, according to a Reuters tally. Coronavirus LATEST Updates: Former Karnataka Chief Minister and Leader of Opposition Siddaramaiah on Tuesday has said that he has tested positive for COVID19 and has been admitted to hospital. The Union health ministry issued guidelines for reopening of yoga institutes and gymnasiums as part of the government's Unlock 3.0 plan on Monday while the financial capital Mumbai further relaxed restrictions on commercial establishments even as COVID-19 tally crossed 18 lakh, just a day after it went past 17 lakh. India reported 52,972 new cases reported in a day on monday. This marked the fifth consecutive day when India's daily cases soared past 50,000. And while the total coronavirus cases surged to 18,03,695, the toll due to COVID-19 climbed to 38,135 with 771 people succumbing to the disease in a day, according to the Union Health Ministry data. Amid the rising new cases and fatalities, the number of recoveries surged to over 11.86 lakh, the data updated at 8 am on Monday showed.   The states that have reported the biggest 24-hour jump in active cases are Andhra Pradesh (2,216), Uttar Pradesh (1,986), Karnataka (1,371), Bihar (1,369), and Telangana (793). The five worst-hit states (as per total number of cases) were Maharashtra (4,41,228), Tamil Nadu (2,63,222), Andhra Pradesh (1,58,764), Delhi (138,482), and Karnataka (1,34,819). Of the 771 fresh deaths reported, 260 are from Maharashtra, 98 from Tamil Nadu, 84 from Karnataka, 67 from Andhra Pradesh, 53 from Uttar Pradesh, 49 from West Bengal, 22 from Gujarat, 20 from Bihar, 18 from Punjab, 15 from Delhi, 13 from Rajasthan, 10 each from Telangana, Madhya Pradesh and Odisha, and eight from Jammu and Kashmir. Five fatalities each have been reported from Haryana, Goa and Jharkhand, four each from Assam and Tripura, three each from Uttarakhand and Chhattisgarh, one each from Chandigarh, Andaman and Nicobar Islands, Puducherry, Manipur and Kerala. According to the latest guidelines applicable on health and yoga centres, only establishments outside containment zones will be allowed to open from 5 August. Spas, sauna, steam bath and swimming pools, however, shall remain closed. Persons above 65 years of age, persons with comorbidities, pregnant women and children below the age of 10 years are advised not to use gyms in closed spaces, the guidelines said. COVID-19 tests in India cross 2-crore mark; recovery rate crosses 65% Even as India overtook US to became the country with highest count of new cases being reported in a single day, it also improved upon its testing capability. Monday marked the day when the total number of tests for detection of COVID-19 has crossed two crore, according to the Indian Council of Medical Research (ICMR) data. A cumulative total of 2,02,02,858 samples have been tested up to 2 August with 3,81,027 samples being tested on Sunday, the ICMR said. There are now 1,348 testing labs in the country comprising 914 in the public sector and 434 private labs. Having started with one single laboratory at the National Institute of Virology (NIV) in Pune and then expanding to 100 laboratories around the beginning of the lockdown, the ICMR on 23 June validated the 1000th testing lab. The recorvery rate of patients also climbed up. There were 40,574 patients, who were cured between Sunday and Monday (8 am), taking India’s recovery tally to 1,186,203 and the recovery rate to 65.77 percent. The case fatality ratio (CFR) dropped to 2.11 percent and the doubling rate of cases or the number of days it takes for infections to double across the country was reported at 21.2 days as of Sunday night. "With a further fall, the current CFR touched 2.11 percent today," the health ministry said. On 31 July, the recovery rate stood at 64.54 percent while the CFR was 2.18 percent. DCGI gives nod to phase 2 and 3 human trial of COVID-19 vaccine In another significant development, the Drugs Controller General of India (DCGI) has given nod to the Serum Institute of India for conducting phase 2 and 3 human clinical trials of the Oxford University's COVID-19 vaccine candidate in the country. Government officials told PTI that the DCGI granted the approval late Sunday night after a thorough evaluation based on the recommendations of the Subject Expert Committee (SEC) on COVID-19. "The firm has to submit safety data, evaluated by the Data Safety Monitoring Board (DSMB), to the CDSCO before proceeding to phase 3 clinical trials," a senior official said, referring to the Central Drugs Standard Control Organisation (CDSCO). "As per the study design, each subject will be administered two doses four weeks apart (first dose on day one and second dose on Day 29) following which the safety and immunogenicity will be assessed at predefined intervals," the official said. Karti Chidambaram, s staffers at Karantaka CMO test positive A day after Home Minister Amit Shah and Karnataka chief minister BS Yediyurappa tested positive for coronavirus, Congress MP and son of veteran leader P Chidambaram, Karti also contracted the infection. The 48-year-old parliamentarian confirmed his health status on Twitter saying that his symptoms were mild and he has quarantined himself at home. I have just tested positive for #Covid. My symptoms are mild and as per medical advice I am under home quarantine. I would urge all those who have recently been in contact with me to follow medical protocol. — Karti P Chidambaram (@KartiPC) August 3, 2020 // // ]]> Meanwhile, in Karnataka, one of yediyurappa's daughters and six members of the Chief Minister's Office (CMO) have also tested positive for COVID-19 on Monday. Union minister Ravi Shankar Prasad has also gone in home isolation after Shah tested positive. Prasad had met Shah on Saturday. All shops in Mumbai to remain open from 5 August In a major relaxation in the lockdown norms, the Brihanmumbai Municipal Corporation (BMC) on Monday said all shops in the city are allowed to remain open all days from 5 August irrespective of the odd-even rule. In a circular issued under the Mission Begin Again, the civic body also allowed the counter sale of liquor in Mumbai with proper social distancing norms. Malls and market places will be allowed to work from 9 am to 7 pm from Wednesday. However, theatres, food courts/restaurants will continue to remain shut. The BMC, however, said that kitchen of restaurants and food courts will be allowed to operate in malls wherein only home delivery through aggregators will be allowed," the BMC said. With inputs from PTI

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