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Dr. H S Shetty Delivers 14 Beautiful Homes to Tribal Families in Udupi, KarnatakaBeautiful free houses for 14 tribal families

Karnataka,20th November,2024 -Dr H S Shetty met his promise of delivering 14 beautiful houses to the abjectly poor tribal families of the Koragas in Udupi district, Karnataka. Each fully equipped 2BHK house costs Rs 14 lakh. It is the first phase of Dr Shetty's aim of delivering 100 free houses to the community.   Heggunje Rajeeva Shetty Charitable Trust, based in Bengaluru, entered a major milestone in its history of benevolence and social service oOn 17th November 2024. Dr H S Shetty spearheaded the benevolent project of building 14 free houses for the abjectly poor Koraga families, Hardalli Mandalli Gram Panchayat in Karnataka’s Udupi district. Of the 14 houses, 10 are in Jannadi Koragar Colony, near BidkalKatte, and four are in Manigeri. The average cost of each house having a two-...

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National Housing

The workshop hosted by The Union Ministry of Housing and Urban Affairsprovided a platform for the participants to come together to deliberate andstrategize on the implementation of PMAY-U 2.0 and modalities to strengthenthe affordable housing initiative. The Union Ministry of Housing and Urban Affairs (MoHUA), in partnership withthe National Housing Bank (NHB organized a national workshop on the PradhanMantri Awas Yojana – Urban 2.0- Interest Subsidy Scheme (ISS) vertical andsigning of MoUs on the 14th November 2024. The event, graced by Manohar Lal,Union Minister for Housing and Urban Affairs registered an attendance of morethan 250 participants from various banks, housing finance companies (HFCs),primary lending institutions (PLIs) and other financial institutions. Minister spok...

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Climate Finance

Climate Finance Developed nations’ neglect India expresses dissatisfaction with developed countries’ unwillingness toengage in the Climate Finance and Mitigation Work Programme at COP29 inBaku. India expressed dissatisfaction over the insistence of developed countries toexpand the scope of MWP from what was agreed in the past. India aligned itsstance with the views expressed by the Like-Minded Developing Countries(LMDCs), the Arab Group and the African Group of Negotiators (AGN). India stated: “We have seen no progress in matters that are critical for developingcountries. Our part of the world is facing some of the worst impacts of climatechange, with far lower capacity to recover from those impacts or to adapt to thechanges to the climatic system for which we are not responsib...

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Union Bank of India: Digital bank-ability to harbinger a revolution

The digitization of small-loan processing and disbursement is a path- breaking step. The second-largest public sector lender to the MSMEs has set its focus on building three pillars, such as attractiveness, responsiveness and outreach. The lock-down in no way hindered the bank from making itself accessible to MSMEs as both the conventional and online channels were actively open for customers. Within seven months of government's announcement for amalgamation of two smaller public sector bank, Andhra Bank and Corporation Bank with Union Bank of India, everything fell in place for smooth transition. The final leg of amalgamation coincided with the worst crisis that India had ever seen, through the pandemic induced first phase of the strict lock-down. However, that did not impact the process o

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Telangana Industrial Health Clinic: Clinical solutions for small business sickness

The fin-tech non-banking institution, TIHCL, already an expert in diagnostic study and curative solutions for small business sickness, supports troubled units' revival through combined strategies, which include handholding, mentoring, counseling and restructuring. The virtual “clinic” is widening its scope of solutions so that larger number of sick manufacturing micro and small enterprises can be brought to the phase of revival, says TIHCL management. No institution is meaningful or considered worthy until it tangibly proves what it boasts of. In an era when showmanship, spontaneous propaganda and hosting events and receiving awards determine credibility of institutions, which are supposed to be serving MSMEs, meaningful efforts for rescuing troubled business units are not visible. The...

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