Loans

Human rights
Land Rights

Developer Bhoomi Arcade filed an undertaking to make good any losses suffered by the home buyers due to extension of stay

Press Release The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed developer to give an undertaking that the firm will cover any losses suffered by five home buyers, who got refund orders for delayed possession last month, till the filing of an appeal with the appellate tribunal. On September 27, 2018, MahaRERA had ordered the […]

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osmanabad-district-cooperative-bank
Democracy
National

Extortion of inflated loans from farmers during #demonetisation

The Osmanabad District Cooperative Bank Ltd, has started sending notices to farmers with outstanding loans asking them to repay the loans or the bank would take socially humiliating measures against them. So far over 30 farmers in Nagur alone have received these notices; in the Lohara taluka, over 1000 farmers. The notices are dated 14th October 2016, however the farmers claim that they received them on the 23rd November 2016 (the notices are likely backdated, essentially rendering the one month notice meaningless). The farmers have been informed that unless the loans are repaid, they will begin to face recovery process in December.

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Corruption

RNA Corp teaches Exotic Arithmetic to Axis Bank! “One-two-ka-four, four-two-ka-one, my name is Lakhan”

Media Release: RNA Corp teaches Exotic Arithmetic to Axis Bank! “One-two-ka-four, four-two-ka-one, my name is Lakhan” 22nd June, 2016: When builder Anil Aggarwal’s Skyline Construction Co approached Axis Bank for a project loan for RNA Exotica in 2011, the bankers forgot simple arithmetic. On two separate instances — in 2011 and in 2013 — Axis […]

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Corruption

Press Release: Slippages & Shrinkages in RNA Exotica, Oshiwara

Press Release: Slippages & Shrinkages in RNA Exotica, Oshiwara 19th June, 2016: Welcome to RNA Exotica, a premium building project by Skyline Construction Co, owned by Saranga Anil Aggarwal, where deadlines keep slipping and the number of flats to be constructed keeps shrinking year after year. The number of flats to be constructed has dropped by at […]

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Satish Acharya cartoon for Sify.com on the cow urine disinfectant for hospitals
Democracy
Hindutva
Politics & Political Commentary
Radicalization

The Gobar economy. Finding economic value in barren cattle

When you begin with a conclusion and backfit “science” to prove it, absurd things happen.The Holy Cow seems to be one such absurdity plaguing India these days. Trumpeting the importance of the cow, the Hindutva right governments are all out to “protect” said cows by preventing all cattle slaughter. While cow slaughter is already banned in […]

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