-The Tribune Chandigarh: At a time when the property prices have skyrocketed in the urban areas, affordable housing may well be within the reach of the ‘aam aadmi' in Haryana. In fact, with a view to attract the private builders to go in for affordable housing, the Hooda Government is set to launch its ambitious "Affordable Housing PoLICy-2013" to provide housing to the lower strata of society with an eye on...
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Government plans to liberalise FDI norms for single-brand retail to attract big bucks -Deepshikha Sikarwar
-The Economic Times The government plans to significantly liberalise foreign direct investment (FDI) norms for single-brand retail to attract big bucks into the sector. The finance ministry has asked the Department of Industrial PoLICy and Promotion (DIPP) to amend the poLICy to allow single-brand retailers to bring different brands belonging to the same product line under one company. It has also asked DIPP - the government department that frames foreign investment rules...
More »18 retained as age of consent in anti-rape bill
-The Times of India Faced with all-around political opposition, the cabinet on Monday retained 18 as age of consent for consensual sex, graded punishment for stalking and voyeurism and deleted "persistent watching" as an offence while clearing a new law to protect women. The changes were agreed to after a meeting on Monday where political leaders raised concerns ranging from genuine apprehensions to frivolous over the possibility of "misuse" of tough laws...
More »New papers show PMO analysed and agreed with Raja’s actions before 2G scam-Shalini Singh
-The Hindu Will Manmohan distance himself from PMO officials as he did from Raja? New evidence shows that Prime Minister Manmohan Singh, far from being “at arm’s length” from ex-Telecom Minister A. Raja’s controversial 2G decisions, had directed officials in the PMO to “examine urgently” Mr. Raja’s letters outlining his intended decisions which eventually led to the 2G scam on January 10, 2008. Investigation now reveals that senior PMO officials had supported...
More »Private banks reluctant about rural lending -Dinesh Unnikrishnan
-Live Mint Experts say private banks achieve lending obligations by buying out loans from non-banking entities Most private banks in India have not been able to meet the needs of farmers although they are expanding their rural and semi-urban branch network. This is why the Reserve Bank of India (RBI) is insisting that at least one-fourth of the branches of the new banks that will be given a LICence must be located...
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