Utilization of Wakf prop empowers community programs

October 21, 2011 10:45
Utilization of Wakf prop empowers community programs

Utilization of Wakf prop empowers community programsJustice Sachar felt that the unutilized and underutilized property if put to proper use could reap rich dividends which could be utilized for the community health, education, providing skillset, or financing entrepreneurs. This would not only help the rise of the community to the self sustained situation, but would also benefit the Muslims largely.

As per his analysis wakf properties valued at Rs 1,20,000 Cr are lying presently, in economic terms. This property can generate recurring annual revenue fetching wakf institutions approximately Rs 6,000 Cr a year. In a given five-year Plan period, this makes Rs 30,000 Cr.

The way forward is to enable proper leases, bringing legislative changes creating possibility of exemption from provisions restricting development, removing exemption regimes from official discretion that would eliminate red-tapism. Imagine the consequence of spending hundreds of Crores empowering Muslims.

Mr Sachar an activist for empowering minorities and a visionary for getting them back to the mainstream. The Rajinder Sachar Committee, appointed in 2005 by the Indian Prime Minister Manmohan Singh, was commissioned to prepare a report on the latest social, economic and educational condition of the Muslim community of India. The committee was headed by the former Chief Justice of Delhi High Court Rajinder Sachar. The committee prepared a report of 403 pages, and presented in the Lok Sabha on 30 November 2006.

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