-IANS The government is considering creating a corpus fund of Rs.1,000 crore ($18.7 million) in the current fiscal that would encourage banks to give housing loans in 'significant volumes' to the urban poor, Prime Minister Manmohan Singh said Tuesday. Addressing a conference on the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) here, Manmohan Singh said the corpus of Rs.1,000 would be set aside to create a credit risk guarantee fund that could...
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Father Cedric Prakash, human rights and peace activist interviewed by Radhika Ramaseshan
Father Cedric Prakash is a human rights and peace activist based in Ahmedabad. He has campaigned for the justice of the victims of the 2002 communal violence on peril of being publicly branded as “non-Gujarati and non-Hindu” by chief minister Narendra Modi. A resident of Gujarat for nearly 40 years, Prakash is the founding director of Prashant, a centre for human rights, peace and justice. He was named Chevalier of the...
More »Justice Markandey Katju on the role of media in India
-The Hindu Justice Markandey Katju, Chairman, Press Council of India, argues that the media has a very important role to play in helping the country make the transition from an old feudal society to a modern industrial one quickly, and without much pain. The Role the Media should be playing in India by Justice Markandey Katju, (former Judge, Supreme Court of India), Chairman, Press Council of India To understand the role which...
More »Climate Solutions Need Strong Decision-Making by Kanya D'Almeida
The year 2010 endured 950 natural disasters, 90 percent of which were weather-related and cost the global community well over 130 billion dollars. From wildfires in Brazil to record rainfall in the United States to the severe drought and famine in the Horn of Africa, it has become clear to many that quick and radical decisions need to be made about the world's future. One of the biggest advocates of this position...
More »Calculating poverty: How India does it
-BankBazaar.com Can you live on Rs 32 a day in Indian cities? This is what everyone is asking after the Planning Commission came up with this figure in its revised estimate of people living below the poverty line. How about living on Rs 26 a day in a village? Impossible, you say. That's the debate that has been going on in India for the past few days. There is certainly something missing with...
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