Total Matching Records found : 697

How will Indian cities fare if a Turkey-like Earthquake strikes the Subcontinent?

On 6 February, 2023 Southern Turkey and the adjoining areas in Syria were hit by a 7.8 magnitude earthquake followed by several aftershocks. The tremors have flattened buildings and destroyed roads and other infrastructure. At least 35,000 casualties (UPDATE) have occurred across Turkey and Syria, with the vast majority being in the former nation. A news report cited the Turkish environment minister saying that 24,921 buildings across the region had collapsed. What...

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Budget Briefs: FY 2022-23 PM Awas allocation doubled, 77% houses completed - Neeha Susan Jacob, Anwesha Mallick, Avani Kapur

Accountability Initiative, Centre for Policy Research In Financial Year (FY) 2022-23, Government of India (GoI) allocated Rs 20,000 crore Budget Estimates (BEs) for the PM Awaas Yojana - Gramin, slightly lesser than the previous year’s Revised Estimates (REs). With an additional amount of Rs. 28,422 crore allocated as supplementary budget in December 2022, revised allocations stand at Rs 48,422 crore. This is more than double the previous year’s REs. In the first...

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Indian banks gave more home loans than agricultural credit

In each of the last three years – from 2020 through 2022 – Indian banks lent more money to retail customers purchasing homes than they did to farmers. In fiscal year (FY)2021-22 commercial banks gaveRs. 17.54 lakh crore worth of housing loans, while agriculture and allied activities got Rs. 15.16 lakh crore. That is nearly 14 percent less. In FY 2021 and FY 2020 – one of which saw a...

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In 2021, Over 100 Houses Demolished Every Day, 24 People Evicted Every Hour, says latest HLRN report

--Press release by Housing and Land Rights Network (HLRN) dated September 21, 2022 Over One lakh People Already Evicted in 2022. Nearly 1 Million People Faced Evictions in India in the Last Five Years. In 2021, over 36,480 houses were demolished and 2,07,106 people were forcibly evicted across India by governments – at all levels, reveals a new report by Housing and Land Rights Network (HLRN). The report also finds that in...

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Protest against eviction drives in Delhi-NCR and other cities

-Press release by Freedom from Bondage movement dated 6 September, 2022 New Delhi: As we mark #75thIndependenceDay & #AzadiKaAmritMahotsav, thousands of people who have been evicted from their homes in slums, Jhuggies, settlement colonies and informal sector workers who have been denied their livelihood without any rehabilitation have gathered at Jantar Mantar to raise their voice against the “Bulldozer Raj”.  The government is forcibly snatching the land of poor Dalits and...

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