-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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Tamil Nadu leads in skill training of urban poor
-The Times of India New Delhi: Tamil Nadu has taken the lead in skill training of urban poor in the past two years, followed by Madhya Pradesh and West Bengal. The southern state has also left others far behind in providing financial assistance for setting up individual and group enterprises besides forming maximum number of self-help groups. According to a release of housing and poverty alleviation ministry, 4.54 lakh urban poor have...
More »Tackling poverty in India: In building and agri boom, rural wage lift -Hanan Jacoby and Basab Dasgupta
-The Indian Express Real wages have risen across India in the past two decades, but the increase has been especially marked among rural unskilled workers. Three drivers — falling rural female labour force participation, a construction boom, and favourable agricultural terms of trade — help explain why unskilled rural workers fared better than their urban counterparts or workers with more education. Going forward, in the light of lower agricultural prices and...
More »Bundelkhand's Roti Bank now feeds twice a day -Shailvee Sharda
-The Times of India LUCKNOW: Within a year of its inception, Mahoba's Roti Bank has grown. It now takes home-cooked rotis and vegetable to almost 1,000 persons twice a day. A humble beginning by group of 40 youths and five elders in April 2015 under the aegis of Bundeli Samaj, roti bank has turned into a model for many do-gooders across India. "We get at least 2-3 calls everyday from people who...
More »Tackling poverty in India: Jobs, not transfers, the big poverty-buster -Carlos Felipe Balcazar, Sonalde Desai, Rinku Murgai and Ambar Narayan
-The Indian Express Between 2005 and 2012, structural changes drove poverty reduction — non-agricultural incomes rose the fastest, and the largest shifts from farm to salaried non-farm employment were seen among the poorest. The significant shift from farm work to non-farm sources of income accelerated the decline in poverty in India. Non-farm jobs pay more than agricultural labour, and incomes from both were propelled by a steep rise in wages for rural...
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