UK's Chancellor of the Exchequer, Rachel Reeve announced the new package as part of the Budget that will deliver up to 5,000 new affordable social homes.
Prem Chand Bairwa is accused of misusing power for pushing name of retd official for Real Estate Regulatory Authority registrar. BJP says he can make recommendations in some cases.
Real estate experts welcome Centre's push for rental housing, but say it is not financially viable for private companies to construct and operate; needs greater government involvement.
Under PMAY 2.0, which subsumed slum redevelopment in other verticals, Centre targets construction of 3 crore new houses — 2 crore in rural areas & 1 crore in cities — over next 5 yrs.
Global media also reported on IMF's upgraded growth forecast due to robust rural consumer spending, and Air India's market share being at its highest in three years.
Housing & Land Rights Network report shows demolition drives disproportionately affect the poor. Major reasons for evictions include anti-encroachment drive, beautification & infra projects.
Lack of planning & absence of regulations dissuading use of privately-owned vehicles in cities are some of the important factors responsible for slow implementation of the policy in cities.
Paper published by New Delhi-based think tank Centre for Social and Economic Progress looks at dataset of past 30 yrs to suggest ways to make housing in India more affordable.
Odisha, Andhra, Sikkim, Meghalaya, Chhattisgarh, Gujarat, J&K met less than 20% of target for April-June, shows MoSPI report. MP, UP, Karnataka, Manipur, Mizoram didn’t report work done.
14-member panel led by ex-NITI Aayog CEO Amitabh Kant has also suggested measures, including a ‘model package’ for Noida & Greater Noida, to expedite completion of stalled housing projects.
Nobody is safe in a market where competition is stunted and choice limited. For the industry, meaningful reform will have to start with the government itself.
Data shows re-alignment in India’s exports, with Tamil Nadu & Telangana posting strong growth in 2024-25 as traditional heavyweights Gujarat & Maharashtra see declines. Gujarat still leads, though.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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