-FirstPost.com Anshuman Magazine, chairman and managing director of CBRE South Asia Pvt. Ltd., in a recent article writes that “around 1.2 crore completed houses” are “lying vacant across urban India”. This one number tells us all that is wrong with Indian real estate. Even though there is a huge housing Shortage in urban India, 1.2 crore completed homes are lying vacant. As the latest Economic Survey points out: “At present urban housing...
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Implementing Centrally sponsored schemes set to become dear -Nagesh Prabhu
-The Hindu Bengaluru: Acceptance of the 14th Finance Commission's recommendations by the Union government is likely to cost the State dear, particularly in implementation of Centrally sponsored schemes. Karnataka is expected to feel the pinch despite higher allocation in the form of its share from Central taxes. The hike in the Central pool of taxes is likely to be nullified with reduction in allocations proposed in the Union Budget for 2015-16 for...
More »India’s two-speed demography -Prachi Priya & Anuj Agarwal
-The Financial Express With 66% of its population under the age of 35, India is home to the largest cohort of young people in the world-825 million. The median age of the country is just 27 years, much below 37 in the US and 46 in Japan. Numbers like these suggest that India has a competitive advantage over China and other Asian countries-a demographic dividend. But favourable demographics do not imply that...
More »Activists and concerned citizens oppose budget cuts in social sector
-Press Release from Centre for Budget Analysis (CBGA) and Jan Awaaz New Delhi, 29 November 2014: There have been a number of media reports recently around possible cuts in Union Budget allocations for the current fiscal 2014-15 in case of social sector programmes, i.e. reductions in allocations in the Revised Estimates (RE) for 2014-15 as compared to the Budget Estimates (BE) that were made in July this year. This issue deserves...
More »Decline in Homeless Population: Census Data
As the country celebrates 68th anniversary of her independence this year, recent data from the Census 2011 reveals that the population of homeless declined by 8.8% between 2001 and 2011 to reach 17.7 lakhs. This means that 4.5 lakh households (of average household size 3.9) still do not have any shelter to sleep safely. Although the percentage share of homeless in total population is miniscule (i.e. 0.15%), in absolute numbers...
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