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Buying homes to get cheaper for govt employees as FM reduces interest on house-building advance

-News18.com House-building advance is available to central and state government employees for constructing a new house on a plot owned by the employee or jointly with the spouse. The scheme can also be availed while buying a new house or flat. New Delhi: In a bid to boost the housing sector, Finance Minister Nirmala Sitharaman on Saturday announced reduction in interest rates on house-building advance and linking to 10-year government securities yields. The...

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Poor recoveries under IBC can derail Centre's Rs. 70,000-cr recap plan -Radhika Merwin

-The Hindu Business Line Barring few cases, large haircuts of 70-90 per cent are continuing to hurt banks While the Centre’s decision to frontload capital infusion of Rs 70,000 crore into PSBs has boosted sentiment, unless there is quick resolution of large accounts under IBC, this may achieve little. What is of more concern, is the paltry amount that banks have been realising from the resolution of accounts under IBC. A look at...

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How state governments disenfranchise interstate migrants in India -Varun Aggarwal, Priyansha Singh and Rohini Mitra

-IndiaSpend.com Mumbai: Kerala ranked first out of seven states for migrant friendly policies on the Interstate Migrant Policy Index 2019 (IMPEX 2019), an index compiled by India Migration Now, a Mumbai-based nonprofit, which analyses state-level policies for the integration of out-of-state migrants. Maharashtra ranked second with a score of 42 out of 100 compared to Kerala’s 62, and Punjab came in third with a score of 40. Internal migration, both within a...

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The importance of good data -Varun B Krishnan

-The Hindu In a democracy, it is important for government agencies to disseminate data in a timely manner After a delayed start, the Southwest Monsoon recently wreaked havoc in Kerala, Maharashtra, Karnataka and other parts of India. In such a situation, a data journalist would have ideally looked for weekly comparisons of rainfall data across the affected States to determine when the rains began to intensify; historical data to determine how the...

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Census Data Contradicts Bogey of Bangladeshi Immigrants' 'Flood' - Subodh Varma

-Newsclick.in But the relevant data has been removed from the Census website within a month of release. It took over eight years for the Census office to release migration-related data collected back in 2011. And, within a month of its release, one particular dataset has been removed. That’s Table D-2 which gives the numbers for foreign immigrants. The official Census website now says, in a cryptic footnote, that data on this aspect...

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