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Builders may have to pay 11% interest on delayed projects -Prabhakar Sinha

-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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NREGS scores a point in 1st report card with highest spend of Rs 56,000 crore in FY16 -Ruchika Chitravanshi

-The Economic Times NEW DELHI: For the first time ever, the Narendra Modi government is BRInging out a performance review of the National Rural Employment Guarantee Scheme (NREGS), highlighting the highest ever expenditure of Rs 56,000 crore undertaken in 2015-16 which includes Rs 12,000 crore paid in pending wages this year. The scheme generated 235 crore person days of wage employment, highest in last 5 years. However, it continued to lag in...

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Food Security Act: How are India’s poorest states faring? -Jean Drèze, Prankur Gupta, Reetika Khera and Isabel Pimenta

-Ideas for India The National Food Security Act was passed in 2013. This column reports findings from a recent survey on the status of the Act in six of India’s poorest states. Chhattisgarh, Madhya Pradesh, Odisha and West Bengal are doing quite well - the PDS is in good shape and most people are covered; however, Bihar and Jharkhand are yet to complete essential PDS reforms. A survey of the National Food...

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‘Even 3 good monsoons can’t end drought’

-The Times of India New Delhi: Veteran journalist P Sainath has made a strong demand for declaring agriculture a public service. He also believes there needs to be a special session of Parliament to discuss the farmer crisis and the decade-old report of National Commission of Farmers chaired by professor M S Swaminathan. The author of Everybody Loves A Good Drought delivered the inaugural lecture of a monthly lecture series planned by...

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Restore RTI in school syllabus, Raje govt. told -Vidya Venkat

-The Hindu Former Chief Information Commissioner Wajahat Habibullah has written to Rajasthan Chief Minister Vasundhara Raje, following the removal of a chapter on the Right to Information Act from school text books. In a letter dated June 24, Mr. Habibullah, chairperson of the Commonwealth Human Rights Initiative, cited Section 26 of the RTI Act to point out that the law places a statutory duty on State governments to educate the citizenry, particularly...

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