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Money for nothing. And misery for free by Rohini Mohan

IT WAS a windfall five years ago that taught Panchali Satyavva the power of a lie. It happened one Monday afternoon in Someshwar village of Nizamabad district in Andhra Pradesh. It was raining in sheets and she had just placed a bucket under the steady trickle of water from the roof of her hut. Two men were at her door, holding umbrellas and offering her an unsolicited Rs. 5,000. They...

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Comprehensive Plan Needed for Helping the Homeless by Bharat Dogra

No matter how tired we are in the course of a difficult day’s work, there is always the reassuring feeling that at the end of the hard work we’ll go back to sleep in the comfort of our home. But there are millions of people in our cities who simply do not have a home. The homeless of our cities suffer the most; yet they are the most neglected. No...

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“Urban poor, most vulnerable to current climate variability”

Sustainable and resilient cities should be focus of urban development An international conference here on Wednesday called for making the Indian cities “resilient” in the backdrop of climate change and taking care of the urban poor. “The urban poor are the most vulnerable to current climate variability such as regular floods and water shortage. Sustainable and resilient cities should be the focus of urban development,” D.B. Raju, executive vice-president (special initiatives),...

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Land to be acquired only with the consent of farmers in Gujarat by Manas Dasgupta

In a bid to encourage farmers to part with their land for industrial development, the Gujarat government has formulated a new land acquisition policy to make them partners in the development. Announcing this, Minister of State for Industries Saurabh Patel said the State-owned Gujarat Industrial Development Corporation (GIDC) henceforth would acquire land only with the “consent” of the concerned farmers, pay them at the prevailing market price, and give them a...

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Interest-free banking urged

Indian Centre for Islamic Finance delegation makes presentation at Yojana Bhavan The Indian Centre for Islamic Finance (ICIF) has made out a strong case before Prime Minister's Economic Advisory Council member V. S. Vyas for introducing interest-free banking in the country at the earliest to ensure “inclusive growth with innovation” in accordance with the recommendations of the Planning Commission's Raghuram Rajan Committee. An ICIF delegation from New Delhi, led by its general...

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