In a bid to meet burgeoning housing requirements in cities and towns, the Union housing ministry is expected to set up a high-level committee to recommend policy interventions to facilitate creation of rental housing stocks to cater to those who cannot afford to buy houses. Now, the housing shortage stands at around 27 million units, and estimates suggest that at least 50% is ascribed to people who cannot afford to own...
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Price spike inflates worry
-The Telegraph Costlier food items carried inflation up to 7.55 per cent in May, and the price situation could get aggravated further by the government’s decision to raise the minimum support price of paddy, oil seeds and pulses. However, the Cabinet Committee of Economic Affairs (CCEA) deferred a decision to raise urea prices because of opposition by some ministries. Inflation in May last year stood at 9.56 per cent. Overall food inflation rose to...
More »Teachers step out of class to turn new leaf-Naresh Jana
-The Telegraph Salboni, June 13: Teachers of a school in West Midnapore’s Jungle Mahal have been visiting the homes of students who are irregular, mainly because of poverty-related reasons, and motivating them to attend classes every day. The 25 teachers of Moupal Deshpran Vidyapith in Salboni have split themselves into two groups and are touring the 22 villages in the area from where the students come. The drive, in which the teachers...
More »Govt defers decision on pension reforms bill
-PTI Amid differences among allies, the government on Thursday deferred a decision on the changes in the crucial Pension Fund Regulatory and Development Authority Bill, 2011. "It (the PFRDA Bill) was taken up and deferred", said a minister after the Cabinet meeting here. Among the UPA allies, Trinamool Congress has been quite vociferous in opposing the pension and insurance reforms. Railway minister Mukul Roy, who represents TMC in the UPA government, did not speak...
More »Hit by paralysis charge, govt to try pension reforms again-Saubhadra Chatterji
A day after partymen raised a stink over the UPA’s alleged policy paralysis at the Congress working committee meeting, the government moved to make amendments to the pension bill — one of the reforms measures that had been hit by coalition politics — at Thursday’s cabinet meeting. A cabinet note mentioned that the government had decided to address the concerns of all stakeholders and to build a broad consensus on...
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