Former Gorakhpur district magistrate IAS Ravikumar NG takes over from Ritu Maheshwari after local BJP leaders tell CM that administration needed a leg-up.
The apex court, however, said the homebuyers who purchased properties under the state law before today's verdict, will not have to worry as their registration would remain valid.
NBCC, the state-run real estate developer appointed by SC to finish the Amrapali projects, has only Rs 19 crore of the approximately Rs 8,500 crore it believes it needs.
The Supreme Court has cancelled the registration of Amrapali Group and ordered the Enforcement Directorate to charge the builders with fraud and money laundering.
Crowded cities are rich because there is greater division of labour. The extent of the division of labour depends on the size of the market, wrote Sauvik Chakraverti in 2002.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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