Saturday, January 08, 2011

Private developers to be subject to RTI

In an effort to stem the tide of corruption and keep the builder lobby "on a tight leash", a number of checks and guards have been introduced in the new coastal zone regulations. But the one that is likely to cause much consternation among developers is the Centre's insistence that private companies undertaking any redevelopment of koliwadas (fishing villages) within 100 m of the coastline will come under the purview of the Right to Information Act (RTI). This is also seen as a move the government's part to protect its interests, given that it will now be mandatory for the state to partner with builders in redeveloping slums and hold a minimum stake of 51%. The announcement was made by Union environment minister Jairam Ramesh at a press conference on Saturday.

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