-The Times of India NEW DELHI: Developers may have to pay 11.2 per cent interest to buyers for delay in handing over apartments and homes, according to draft rules unveiled by the government, a step seen as bringing relief to homebuyers reeling under the impact of delayed projects and mounting loan liabilities. The rules also say projects without a completion certificate will have to register with the Real Estate Regulatory Authority, to...
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The bitter tales of Shamli’s sugarcane farmers: ‘Netas talk palayan (exodus), our issue bhugtan (payment)’ -Harish Damodaran
-The Indian Express Even though Shamli tops in sugarcane production, there is nearly Rs 300 crore dues for district farmers. Shamli/ Kairana: Mohkam Singh supplied 22 buffalo carts of cane, each laden with 18 quintals, to the sugar mill at Shamli belonging to Sir Shadi Lal Enterprises Ltd in the 2015-16 crushing season. These 400 quintals should have fetched about Rs 1.12 lakh at the Uttar Pradesh government’s state advised price (SAP)...
More »When the landlord doesn’t call back -Saugato Datta & Vikram Pathania
-The Indian Express A study in the National Capital Region shows why the search for a house is longer and more arduous for a Muslim tenant. Earlier this month, this newspaper reported that a Muslim IAS aspirant in Pune resorted to a “Hindu” pseudonym to overcome the difficulty of obtaining paying-guest accommodation. Keen followers of the news from India, like us, recognise this as an example of periodic reports from cities...
More »MSP hike: A pay cut for farmers? -Sayantan Bera
-Livemint.com Nominal hikes in crop support prices means that farmers are bearing the burden of government policy to keep food inflation in check New Delhi: The Narendra Modi led government has set a target to double farm incomes by 2022, but in the past three years it announced only nominal hikes for support prices of rice and wheat. What’s more: the raises were lower than the prevailing retail inflation, meaning declining...
More »Agro-forestry: Poplar’s popularity dip, no takers for PM Modi’s timber farming call -Anju Agnihotri Chaba & Raakhi Jagga
-The Indian Express Punjab’s farmers are losing interest in planting new trees, with prices halving from their peaks. Jalandhar/ Ludhiana: Sandeep Singh Randhawa grew paddy and wheat on his 65-acre land at Talwandi Lal Singh village in Gurdaspur district’s Batala tehsil. That was till the late eighties, when he first planted poplar on the edges of his field. The returns encouraged him to expand the area under these trees — each...
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