Telangana government on 26 April 2022 has announced that the State Cabinet has approved to Cancel/ Repeal the G.O. 111 which was issued in the year 1996 to protect the catchment area of Osman Sagar and Himayat Sagar from construction activities around the water bodies. G.O. 111 was issued to Protect and cater to the drinking water needs of the people living in the Greater Hyderabad Region. The state government stated they had overcome the issues with drinking water and had since created adequate alternate water resources. Utilizing the Sunkishala Intake Project and Mallanna Sagar, Hyderabad will not face a water crisis for another 100 years. The GO affects 83 villages and 1.32 lakh acres, and it will be tough for the residents to adapt if it were to be lifted at once. A committee has been appointed which is headed by the Chief Secretary along with officials of the Pollution Control Board (PCB) and state Forest Department to make a master plan to protect the tributaries of the Musi Riv...
THE TELANGANA PROTECTION OF DEPOSITORS OF FINANCIAL ESTABLISHMENTS ACT, 1999. (ACT NO.17 OF 1999) This Act may be called the Telangana Protection of Depositors of Financial Establishments Act, 1999. It extends to the whole of the State of Telangana. In the brief introduction, the act has defined a few important definitions for a clear understanding of the act. Here “deposit” means the deposit of a sum of money either in lumpsum or installments made with a financial establishment for a fixed period, for interest or return of any kind. “Financial Establishments” means any person or group of individuals accepting a deposit under any scheme or arrangement or in any other manner but does not include a corporation or a cooperative society owned or controlled by any State Government or the Central Government or a banking company as defined under clause (c) of section 5 of the Banking Regulation Act, 1949. If the accused is with a motive to cheat and not return to the ...