-The Indian Express Maharashtra govt rolls out new plan for slum-free Mumbai Mumbai: The Maharashtra government on Thursday rolled out a new plan to take Mumbai towards a slum-free status. Under this plan, over 18 lakh slum dwellers residing in slum tenements, that came up between 2000 and 2011, have now been guaranteed a replacement house. However, it will not be for free. All these residents would need to pay for the...
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Why is the South wary of 15th Finance Commission? -Tina Edwin
-The Hindu Business Line Because they are wealthier and have a lower population than northern States New Delhi: The southern States are less dependent on transfers from the Centre than many of their northern peers, but a cut in transfers could leave their fiscal situation precariously poised and upset some of their expenditure plans. That is exactly what they fear will happen when the 15th Finance Commission uses the 2011 population data —...
More »In historic move, Odisha gives land rights to 2,000 slum dwellers -Ashok Pradhan
-The Times of India BHUBANESWAR: In an unprecedented move described by industrialist Ratan Tata as ‘earth-shaking’, and which prompted Chief Minister Naveen Patnaik to take recourse to British author Aldous Huxley, Odisha on Monday provided land rights certificates to 2,000 landless slum dwellers and promised to develop modern urban habitats complete with roads, street lights, parks and playgrounds for them. The initiative is the culmination of the Odisha Land Rights to Slum...
More »Cash crunch continues in many states, but banks say situation improving
-Hindustan Times Empty ATMs and complaints reported from Patna to Haridwar. ATMs in Bihar, Madhya Pradesh, Uttarakhand and Gujarat ran empty on Wednesday, but banks said cash flow had improved a day after people in many parts of India struggled to get money in their hands. Public lenders State Bank of India (SBI), Punjab National Bank, Canara Bank and privately owned Axis Bank said in separate statements that only few of their ATMs...
More »Construction sector jobs have let down peasants -Roshan Kishore
-Hindustan Times An examination of RBI data indicates that peasants turning to construction are increasingly at the same income levels as farming, in probably more challenging conditions. Shifting agricultural workers to remunerative non-farm jobs, is India’s central challenge on the employment front. The construction sector has been a mainstay of non-farm jobs over the last two decades. However, these jobs are increasingly losing their remunerative potential. The KLEM (Capital with a K, Labour,...
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