Budget
According to the recent budget for the 2013-14 fiscal, Rs 890 crore has been sanctioned for infrastructural development of various districts in the entire state of Haryana. Out of this, a big amount (Rs 605.48 crore) has been solely dedicated to Gurgaon to develop the infrastructure of the city. Gurgaon has always got a raw [...] Continue Reading »
Haryana is to get Rs 16.68 crore from the Central Government for making nine cities of the state sum free under the Rajiv Awas Yojana. This nine cities include Gurgaon and Faridabad along with Karnal, Panchkula,Panipat, Ambala, Yamunanagar and Hisar. An amount of Rs 1.51 crore has already been released for conducting the survey and in [...] Continue Reading »
In a recent general body meeting, Pune Municipal Corporation (PMC) has demanded a separate civic body for the eastern parts of the city. The demand was raised by an NCP corporator amidst the ongoing discussions by the elected members on the civic budget. This demand for separate civic body is due to the upcoming residential [...] Continue Reading »
Mumbai- In the year 2010- 2011, ten bus routes made profits whereas in 2011-2012, only three routes made profit for the BEST. It was disclosed in the budget discussion by BEST committee member Ravi Raja. Ravi Raja further said that during the same time frame the transport body had incurred around 55% loss on bus [...] Continue Reading »
While banks are being unwilling to provide real estate loans, the Reserve Bank of India has been following a cautious policy to reduce risks associated with realty sector and to ensure that the sector remains sustainable and viable over a long period of time. National Housing Bank (NHB) has also played its role in de-risking [...] Continue Reading »
The BMC has made an attempt for the betterment of senior citizens, by framing a special policy which will be executed from October 1, observed as International Day for Senior Citizens. A new committee for the welfare of senior citizens will be formed. The Federation of Senior Citizens Organisations, Maharashtra (FESCOM) has presented a proposal [...] Continue Reading »
The experience of buying a house for the first time is almost the same with every individual. Price and connectivity over location are the top two buying considerations, for first time home-buyers. Most of the buyers set out to buy a home with the average budget of up to Rs. 40 lakh. But since the [...] Continue Reading »
The Bruhat Bangalore Mahanagara Palike’s (BBMP) budget session was committed to Ramky Environ, which manages the Mavallipura dumping yard. Opposition leader MK Gunashekar questioned the mayor that why the ruling party was protecting Ramky’ engineers who were responsible for water and air pollution in the area and surrounding villages. Gunashekar accused Ramky of polluting the [...] Continue Reading »
The opposition leader MK Gunashekar has said that the Bruhat Bangalore Mahanagara Palike (BBMP) budget for 2012-13 is highly unrealistic and many infrastructure projects planned for this year will not be executed in the BBMP council on Monday. Ruled by BJP, the BBMP has failed to maintain transparency in preparing the budget and the budget [...] Continue Reading »
The government is likely to announce one per cent of interest subsidy on housing loans up to Rs15 lakh with cost of the house not exceeding Rs25 lakh in a bid to help low and medium income households to own their own dwellings. The interest subvention scheme for the year 2011-12 was limited to a [...] Continue Reading »
