-The Hindu How Tiruppur, India’s knitwear hub, is now weaving a green cover for the entire district We moved this tree 15 km on a truck along the stretch between Avinashi and Avinashipalayam.” V. Mahendran points to a hulking tree trunk. “The operation took us nine hours. Even with its branches and most of its canopy chopped off, it weighed more than 40 tonnes.” We are at the Tiruppur Collectorate, and Mahendran,...
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States, Union Terrotories dilute RERA to favour realtors -Dipak K Dash
-The Times of India NEW DELHI: The Union housing ministry may claim that implementation of the real estate regulation law, popularly called RERA, will usher in a new era for home buyers, but the rules put forward by states have diluted many provisions, keeping most of ongoing projects outside the ambit of the law that would come into effect from Monday. States such as Odisha and Bihar have notified rules that are...
More »R Nagaraj, an economist and currently a professor at the Indira Gandhi Institute of Development Research in Mumbai, interviewed by Kedar Nagarajan (Caravan Magazine)
-Caravan Magazine On 8 November 2016, Prime Minister Narendra Modi made an announcement declaring that notes of Rs 500 and Rs 1,000 would not be legal tender as a part of his government’s policy to clamp down on counterfeiting and black money. It has been widely reported that this policy would directly impact the real-estate sector, which typically witnesses a significant amount of transactions that are made through cash to avoid...
More »There is a human cost of development projects, says new report
The term 'development' holds a positive connotation for most policymakers. However, there are examples abound, which indicates that development also cause enormous misery to the people, particularly the poor and the marginalized. Take for instance, the organizing of 2010 Commonwealth Games, due to which massive infrastructural development in the national capital was undertaken when Sheila Dikshit was the Chief Minister of Delhi. It has been estimated that almost 2 lakh...
More »Climate change may push up to 77 million urban residents into poverty by 2030 -Mayank Aggarwal
-Livemint.com A World Bank report cautions that the urban poor will bear the brunt of losses if cities don’t become more resilient to natural disasters, shocks, and stresses New Delhi: By 2030, without significant investment into making cities more resilient, climate change may push up to 77 million more urban residents into poverty, said a new report released by the World Bank on Wednesday. The report ‘Investing in Urban Resilience’ by the World...
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