UNLESS THE prices of vegetables skyrocket and become a scandal — as they have over several weeks now, or as did the price of sugar last year — little in the out-of-sight world of Indian agriculture excites the imagination of the city folks, who influence, rather disproportionately, everything from government policies to newspaper content. Few of those who enjoy a hearty meal and wax lovingly on their favourite dishes can...
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Labour’s love lost by Harsh Mander
For the preparation of the Commonwealth Games 2010, around Rs 17,400 crore have been spent on Delhi by the government over the past three years. The over-used word deployed by public leaders and officials to describe the city, which they hope will emerge from these exertions, is ‘world-class’. But forgotten are the men and women whose toil will make this ‘world-class’ city possible. At its peak in 2008-09, an estimated...
More »Income ceiling for low-cost housing loans increased by Aarti Dhar
The government has increased the income ceiling a month a household for housing loans from the existing Rs. 3,300 to Rs. 5,000 for the economically weaker sections (EWS) category and from Rs. 3,301 — Rs. 7,000 to Rs. 5,001 — Rs. 10,000 for the Lower Income Groups (LIG). The revised ceilings will be applicable for definition of beneficiaries under government schemes for housing including the Interest Subsidy for Housing the Urban...
More »Over 90 farmers committed suicide in Adilabad district: NGO by DVL Padma Priya
Failure of kharif crop and mounting debts stated to be reasons The interest rate on private loans ranges between 24 and 36 per cent The district witnessed 15 deaths in 3 days during November Sixty-nine farmers from Adilabad district committed suicide during the kharif season that lasted from August to November 2009 and the number grew to 93 by December 15, if reports from the non-governmental organisations and farmers’ associations in Andhra...
More »Salary of below Rs 6000 a month is set to be new definition of urban poor by Smita Aggarwal
The government is likely to raise the income threshold to define the economically weaker section (EWS) to about Rs 6,000 a month from the current Rs 3,300 a month. This will increase EWS numbers by almost 40 per cent. The EWS population benefits from government housing schemes and gets softer interest rates on housing loans from state-owned banks. The move to hike the threshold is based on an internal report...
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