While we have kept seeing a slew of policy initiatives being announced for quite some time now, this week I came across three interesting finds that seem to be just pushing the envelope.
Number One.
While doing my deep dive on Zomato and it’s upcoming IPO, I came across this.
Prime Minister Street Vendor’s AtmaNibhar Nidhi (PM SVANidhi) Scheme, MoHUA. Under this, pilot runs are being currently made to on-board street vendors onto the food – tech platforms. (Link)
Number Two.
The Model Tenancy Act was notified by the Union Government on Friday. This aims to protect the rights of both the tenants and the landlords and ensure that there is consistency in rental agreements.
The States and the UTs now need to notify this to make this effective in their respective states and UTs. While this code is not retrospective but it does ensure a high level of certainty on the cash flows of rental agreements – REITs, realty stocks etc. should see good tailwinds going into the future.
Number Three.