New Delhi, Oct. 23 -- : In a major decision concerning Delhi which will face assembly polls early next year, the Union Cabinet on Wednesday approved regulations for conferring and recognising ownership rights to residents of unauthorised colonies, which would benefit 40 lakh residents of the national capital.

The decision was announced by Information and Broadcasting Minister Prakash Javadekar and Housing and Urban Affairs Minister Hardeep Singh Puri at a press conference after the Cabinet meeting here, which was chaired by Prime Minister Narendra Modi.

The Cabinet also gave its approval to bringing a bill in the next session of Parliament to implement the proposal.

Javadekar said the Cabinet has approved the regulations for conferring o...