{"id":5695,"date":"2024-06-14T02:11:09","date_gmt":"2024-06-14T02:11:09","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=5695"},"modified":"2024-06-14T02:11:09","modified_gmt":"2024-06-14T02:11:09","slug":"govt-process-of-eviction-sale-of-rs-1-lakh-crore-enemy-properties-starts","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/govt-process-of-eviction-sale-of-rs-1-lakh-crore-enemy-properties-starts\/","title":{"rendered":"Govt process of eviction, sale of Rs 1 lakh crore enemy properties starts"},"content":{"rendered":"

The UnionHomeMinistry has started the process for eviction and sale of enemy properties, the immovable assets left behind by people who have taken of Pakistan and China.<\/p>\n

There are a total of 12,611 establishments called Enemy Property<\/a>, roughly estimated to be worth over Rs 1 lakh crore, in the country.<\/p>\n

The enemy properties are vested with the Custodian of Enemy Property for India (CEPI), an authority created under the Enemy Property Act.<\/p>\n

Those enemy properties having valuation of Rs one crore and below Rs 100 crore, shall be disposed of by the CEPI through e-auction or otherwise as may be decided by the central government and at the rate determined by theEnemy Property Disposal Committee. The e-auction platform of public enterprise, the Metal<\/a> Scrap Trade Corporation Limited, shall be used by the CEPI for e-auction of enemy properties, the Home<\/a> ministry said.<\/p>\n

The government has earned over Rs 3,400 crore from disposal of enemy properties, mostly movable assets like Shares<\/a> and gold, officials said.
The highest number of enemy properties were found in Uttar Pradesh (6,255 properties), followed by West Bengal (4,088 properties), Delhi (659), Goa (295),Maharashtra(208), Telangana<\/a> (158), Gujarat (151),Tripura(105), Bihar (94), Madhya Pradesh (94),Chhattisgarh(78) and Haryana (71).<\/p>\n","protected":false},"excerpt":{"rendered":"

The UnionHomeMinistry has started the process for eviction and sale of enemy properties, the immovable assets left behind by people who have taken of Pakistan and China. There are a total of 12,611 establishments called Enemy Property, roughly estimated to be worth over Rs 1 lakh crore, in the country. The enemy properties are vested … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1086],"tags":[652],"class_list":["post-5695","post","type-post","status-publish","format-standard","hentry","category-chhattisgarh","tag-04-03-22"],"yoast_head":"\nGovt process of eviction, sale of Rs 1 lakh crore enemy properties starts - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/govt-process-of-eviction-sale-of-rs-1-lakh-crore-enemy-properties-starts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt process of eviction, sale of Rs 1 lakh crore enemy properties starts\" \/>\n<meta property=\"og:description\" content=\"The UnionHomeMinistry has started the process for eviction and sale of enemy properties, the immovable assets left behind by people who have taken of Pakistan and China. There are a total of 12,611 establishments called Enemy Property, roughly estimated to be worth over Rs 1 lakh crore, in the country. The enemy properties are vested ... 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There are a total of 12,611 establishments called Enemy Property, roughly estimated to be worth over Rs 1 lakh crore, in the country. The enemy properties are vested ... 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