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Slum Dwellers contribute 3-3.5% of Bangalore's economy-Mahesh Kulkarni

-The Business Standard A study has found that the poor households earned a total of Rs 1,545 cr, spent a total of Rs 1,185 cr, and contributed a savings of Rs 360 cr to the city in 2011 Urban poor living in slums of Bangalore contribute 3-3.5 per cent of the City’s economy. About 9-11 per cent of the city’s population that lives in slums contribute between Rs 1,643 crore to Rs...

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States Must Give Property Rights to Slum Dwellers: Maken

-Outlook Newly-appointed Minister of Housing and Urban Poverty Alleviation Ajay Maken today said the state governments would be asked to issue an executive order to provide property rights to Slum Dwellers till the Model Bill on the issue is passed. Soon after taking charge of the ministry today, Maken told reporters that a Model Property Rights to Slum Dwellers Bill, 2011 will be passed at the earliest and the states would be...

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Mandatory reforms to provide property rights to Slum Dwellers: Maken -Gaurav Vivek Bhatnagar

-The Hindu The Centre will soon implement Phase II of the Rajiv Awas Yojna with a focus on providing long-term and bankable property rights to Slum Dwellers, Union Housing and Urban Poverty Alleviation Minister Ajay Maken said, soon after taking charge of his new Ministry on Tuesday. Talking to journalists at his office in Nirman Bhavan, Mr. Maken said the Centre will adopt the twin strategy of funding and “mandatory reforms” in...

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‘Urban poor unaware of welfare schemes’

-The Hindu This was discovered during an awareness drive in two Jaipur slums recently Jaipur: The daily struggle of Slum Dwellers for getting basic amenities and the glaring deficiency in the reach of the much-touted urban poverty alleviation schemes as well as other programmes for welfare of widows, disabled people and destitute children were revealed during an awareness drive launched by two voluntary public service institutions in slum colonies here this week. The...

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Companies in agricultural biz now in priority sector

-The Economic Times MUMBAI: The Reserve Bank of India has revised the definition of priority sector to include corporates engaged in agriculture and allied activities, and amended the limits for certain categories. In a circular issued to commercial banks on Wednesday, the RBI has clarified that loans to corporates, including companies formed by individual farmers, partnership firms and co-operatives of farmers directly engaged in agriculture and allied activities, will now be considered...

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