Below Poverty Line
Kochi: The Kochi Corporation had requested the state government for an exemption to provide individual housing loans to families belonging to below poverty line (BPL) under the Rajiv Awas Yojana (RAY) scheme. But the government failed to take up the request following which apprehensions have been raised about the successful implementation of the scheme. According [...] Continue Reading »
Gujarat- The real estate industry and the state government is all set to develop large number of affordable residential units in various regions of state. The state government has promised to initiate work for developing 120,000 homes for the poor and homeless people of the state for the year 2013-14. Government has allocated a total [...] Continue Reading »
Vijayawada – Vijayawada Municipal Corporation is planning to increase water tax in the city due to overburden of power surcharge. On a regular basis, around Rs 20 crore is being spent towards supplying drinking water in the city. As of now, the revenue being collected through water tax is around Rs 8 crore. Now the [...] Continue Reading »
Chandigarh- Haryana’s new housing policy is expected to benefit over 3.5 lakh families below the poverty line (BPL) and the economically weaker sections (EWS) in the state. These sections will also avail assistance from the state government for the construction of houses as per the new housing policy. A state level meeting which was held to address [...] Continue Reading »
Gujarat Urja Vikas Nigam Ltd and Torrent Power, two of state owned distribution firms had filed petitions for power tariff hike which caters to Ahmedabad, Gandhinagar and Surat cities. The Gujarat Electricity Regulatory Commission (GERC) has accepted the petition and consumers might have to shell out an additional 2 per cent to 5 per cent [...] Continue Reading »
Differential rate of interest scheme (DRI) was formulated by the central government in 1972 for extending financial assistance at a concessional rate of interest (4%) to select low income groups for productive endeavours. These loans were to be given initially by public sector banks and then by private sector banks also. The Reserve Bank of [...] Continue Reading »
