-ThePrint.in The likelihood of financial distress caused by the 2nd wave is much higher & it could lead to more outright sales of gold, unlike in 2020, when people chose to take out loans against gold. Mumbai: Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children’s education after losing his job on a cruise liner. This year, he...
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Farm loan waiver for COVID-19 victims in Karnataka
-The Hindu Chief Minister B.S. Yediyurappa will make the announcement soon, says Co-operation Minister S.T. Somashekar Bengaluru: Co-operation Minister S.T. Somashekar on July 14 said the government would soon announce a waiver of ₹79.47 crore in farm loans borrowed by 10,187 farmers in Karnataka who succumbed to COVID-19. Loans borrowed from apex, district credit cooperative banks and primary agricultural cooperative societies (PACS) would be waived. Chief Minister B.S. Yediyurappa would formally announce the...
More »Khori Demolitions: We Are Being Targeted as We Are Poor, Allege Residents -Sumedha Pal
-Newsclick.in The Supreme Court has refused to stay the demolitions of over 10,000 houses in a bid to preserve the forest cover in the locality in Haryana’s Faridabad. On June 7, a bench of the Supreme Court, while hearing a petition on the clearance of encroachment over the Aravalli zone, had ordered the removal of close to 10,000 homes, housing over 1 lakh people in Haryana’s Khori Gaon, near the national capital....
More »Without Addressing Legacy Issues, Can Digitising Land Records in India Be a Game Changer? -Sandip Chowdhury
-TheWire.in For millions of rural families who still lack access to good internet connectivity or are computer illiterate, the programme may end up increasing out-of-pocket expenses. As part of the Digital India Land Records Modernisation Programme (DILRMP), the central government intends to create an Aadhaar-like unique identification for every land parcel in the country. The initiative named Unique Land Parcel Identification Number (ULPIN) will assign a geo-referenced 14-digit alphanumeric unique ID for...
More »PM Housing Fund: DHFL Directors Scammed Thousands Of Crores, Says CBI -Arvind Gunasekar
-NDTV The Pradhan Mantri Awas Yojana (PMAY) is a central scheme to ensure housing for all and was announced in October 2015 New Delhi: The CBI on Wednesday unearthed a scam linked to the Pradhan Mantri Awas Yojana (PMAY) and registered a case against Kapil and Dheeraj Wadhawan, brothers who are promoters of crisis-hit Dewan Housing Finance Limited (DHFL) and are in jail over fraud and money-laundering charges. According to the CBI, Kapil...
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