The government has increased the income ceiling a month a household for housing loans from the existing Rs. 3,300 to Rs. 5,000 for the economically weaker sections (EWS) category and from Rs. 3,301 — Rs. 7,000 to Rs. 5,001 — Rs. 10,000 for the Lower Income Groups (LIG). The revised ceilings will be applicable for definition of beneficiaries under government schemes for housing including the Interest Subsidy for Housing the Urban...
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Property rights for future migrants by Sanjeev Sanyal
In his recent Budget speech, the finance minister reiterated the government’s plans to make India “slum-free” within five years. This mantra is now being chanted in many urban-related conferences. However, this raises a number of questions. What does a “slum-free” India really mean? Is the removal of slums really desirable? Most importantly, what needs to be done to improve the lives of the millions of urban poor? In this article,...
More »Our whole country loses if women and girls are unable to fulfil their potential by Ela Bhatt
Many of our politicians would still rather ignore the informal sector and the women who form its backbone. They do so at our peril. India is undergoing enormous change. In a very short time, many Indians have become much richer, and our country is now often described as a “world player” economically and politically. Despite this transformation, our rich history, culture and traditions rightly remain important. Indeed, our success rests...
More »Nothing Common about this Wealth by Dunu Roy
Much of the daylight robbery in the name of Commonwealth Games has been justified in the name of "National Prestige" and "World class aspirations. Whether all these surreptitious measures will eventually deliver the games is an open question? The Commonwealth is a 'friendly' association of those 72 colonies which were once part of the British Empire and rose to free nationhood - some through protracted struggle and others through negotiation. In...
More »Low Pulse by Savvy Soumya Misra
Spiralling prices of pulses have shown India’s dependence on imports. Pulses are integral to India’s diet but not its food policy. As a result, supply cannot meet demand. What are the consequences and solutions? Surendra Nath has switched to eating grass-pea, though he knows it is not good for health. But so is tobacco, he argues. He cannot do without pulses and pigeon-pea selling at Rs 100 a kg is beyond...
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