The amendments adjust for rising inflation and raise the annual income criteria for economically weaker sections (EWS) to annual household income of Rs 1.5 lakh while added another criteria for the higher income group. The HIG, that previously included all above Rs 6 lakh annual income, will now have two categories. HIG A with an annual income of Rs 6-8 lakh and HIG B for those above Rs 8 lakh annual income. The MIG A will have those of income between Rs 2-4 lakh and MIG B with an annual income of Rs 4-6 lakh. Among these was A category gets a relaxation of 10 per cent on reserve price, B is entitled to land on its reserve price.

Source: dna January 17, 2018 00:22 UTC