PWG Business News: Your Gateway to Market Intelligence
PWG Business News is committed to providing real-time updates and expert-driven insights across various industries, including technology, healthcare, finance, energy, automotive, and consumer goods. We deliver carefully curated news, financial reports, and research-based updates, helping businesses and professionals stay informed and competitive in today’s dynamic business environment.
Our News section covers industry-shaping events such as market expansions, new product launches, mergers and acquisitions, policy shifts, and corporate earnings, offering a strategic advantage to decision-makers seeking actionable intelligence. By bridging industry leaders, stakeholders, and professionals with data-driven content, we empower our audience to navigate the complexities of the global market with confidence.
PWG Business News: Keeping You Ahead in the Business World
At PWG Business News, we deliver timely and credible business news, covering global market trends, economic shifts, and emerging opportunities. With comprehensive coverage spanning healthcare, technology, telecommunications, utilities, materials, chemicals, and financials, our platform provides accurate, well-researched insights that drive success for executives, investors, and industry professionals alike.
Whether you're tracking regulatory updates, innovation trends, or strategic collaborations, PWG Business News ensures you have access to high-quality, data-backed reports that enhance brand visibility, credibility, and engagement. Our mission is to keep you ahead by serving as your trusted source for impactful industry news and market intelligence.
Stay informed with PWG Business News – your gateway to the insights that shape the future of business.
Utilities
The Waqf Amendment Bill, 2025, also known as the UMEED Act, has been passed in the Indian Parliament, marking a significant overhaul in the management of Waqf properties across India. This legislation aims to introduce transparency, accountability, and efficiency into the administration of these properties, addressing long-standing issues within the system. Here's an in-depth analysis of the key changes proposed in the new Waqf Bill:
Waqf, rooted in Islamic tradition, refers to a charitable or religious endowment made by a Muslim. These endowments, often used to establish mosques, schools, hospitals, and other public institutions, are inalienable, meaning they cannot be sold, gifted, or inherited once dedicated. The new amendments aim to modernize the governance of these properties, ensuring they serve their intended purposes more effectively.
The Waqf Amendment Act of 2025 introduces several pivotal changes to enhance the management and inclusivity of Waqf properties:
Inclusion of Non-Muslim Members: The Act now allows for the inclusion of non-Muslim representatives in central and state Waqf boards, promoting diversity and community representation.
Removal of "Waqf by User": The provision for "Waqf by user," which allowed properties to be classified as Waqf based solely on their long-term use for religious activities, has been eliminated. However, existing properties will retain their status unless involved in disputes or identified as government land.
Eligibility for Waqf Dedication: Only practicing Muslims who have observed Islam for at least five years can dedicate property to Waqf, reinstating pre-2013 regulations.
Protection of Inheritance Rights: The Act ensures that women and children must receive their rightful inheritance before any property is declared Waqf, with special safeguards for widows, divorced women, and orphans.
Application of Limitation Act, 1963: To minimize prolonged legal disputes, the Act now applies the Limitation Act to Waqf properties.
Financial Reforms: Waqf institutions' mandatory contribution to Waqf boards has been reduced from 7% to 5%, allowing more funds to be directed toward charitable activities.
Income Audit: Institutions generating an annual income of over ₹1 lakh will undergo government-mandated audits to ensure financial transparency.
The Waqf Amendment Act 2025 is designed to enhance oversight and regulations, preventing abuse and mismanagement of Waqf properties. By streamlining administration processes and utilizing technology, the Act reduces bureaucratic delays and improves record-keeping. It also introduces stricter penalties to prevent encroachment and illegal transfers of Waqf properties.
The Act mandates more women and non-Muslims on Waqf Boards, promoting diversity and community representation. This change ensures that the management of Waqf properties is more inclusive and representative of the broader community.
The new regulations aim to tackle corruption and inefficiency in Waqf property management by introducing new systems for registration, auditing, and dispute resolution. The Act empowers the Central Government to create rules for Waqf registration and auditing, ensuring transparency and accountability.
Despite its intentions, the Waqf Amendment Bill has faced criticism and opposition from various quarters. Critics argue that the Bill allows the government too much control over Waqf properties, undermining the community's right to manage its own affairs. Additionally, the inclusion of non-Muslim members on Waqf boards has been met with resistance from some Muslim groups.
The Waqf Amendment Act 2025 has significant implications for the management of Waqf properties in India. By modernizing governance structures and introducing more inclusive management practices, the Act aims to enhance the efficiency and effectiveness of Waqf assets across the country.
The Waqf Amendment Bill, 2025, marks a crucial step in reforming the management of Waqf properties in India. With its focus on transparency, accountability, and inclusivity, the Act seeks to address long-standing issues and better align Waqf operations with modern governance standards. While the road ahead may be challenging, the potential benefits of these reforms could significantly enhance the role Waqf properties play in serving religious, charitable, and social welfare needs across India.
Keywords for Search Engine Optimization (SEO):
High-Search-Volume Keywords:
Suggestions for Further Reading: