
In Punjab, 300 girls survive for every 1000 boys that survive among the rich upper class elite.
Remember that Sushant Singh starrer - "Mathrubhumi - A Land Without Women..."
It seems just round the corner, doesnt it?
TATA is all set to create history (and a whole new market) by introducing Mint (that is what it was originally called), the 1 lakh car in the upcoming edition oh the Delhi Auto Expo in January 2008. Must I admit, the prospect of owning a car, and that too at such a low cost, is too enticing. While the features and standards adopted for this car are doggedly kept under wraps, it stands a very good chance to forever alter the dynamics of the Indian auto industry.
And that is what terrifies me…
I’m scared to think of the prospects when the Mint, as cool as ever, is lapped up in thousands, or maybe even lakhs, by urban and semi urban (and a lot of rural) India alike. It is natural to expect that several of these new age car owners will chuck hanging out of local trains and buses to opt for a comfortable drive to work on our already log-jammed roads.
What this will do to the environment could well be what nightmares are made of…
Imagine having thousands and thousands of more cars on the already choked roads of Indian cities. Imagine what it would do to the ambient air quality… Imagine what it will do to Carbon Dioxide emissions…People might one day need oxygen masks to step outside their homes.
The prospects look bleak, and they are not entirely impossible.
We need to prevent that. How will we? Or more importantly, will we? Time is running out…
The wheels of doom are going to begin rolling very soon…
P.S: Neeraj – it’s nothing but your status based snobbery that TATA is going to cater to. Guys, check out ‘Batti Bandh’ his amazing post on the social aspects of global warming @ Mind Chow.
The real estate is doing very good with the property prices going over the roof. Innumerable infrastructure projects and big ticket efforts like the
Take pride in the fact that soon you will be in a city with global aspirations that will boast of infrastructure par excellence and a very international experience.
I now enjoy higher incomes, better lifestyles and all the other things the middle class now considers a routine and mundane part of their life.
I am happy. But can I rejoice? NO.
Around ten years ago, I could have afforded a house in
Now no longer.
Around two years ago, I could have afforded a house in New Bombay.
Now no longer.
I am progressively being edged out of the city that I call my home.
New
Every square inch of land is being auctioned off. If CIDCO has 500 plots to sell, it creates some sort of an artificial scarcity by only releasing say 5 plots at a time. We have innumerable builders who fight amongst themselves to grab the prized plots. The direct result of this bidding is that the plot under question gets grossly overvalued at the bidding stage itself. CIDCO is now doing to New Bombay realty exactly the opposite of what it was meant to do.
And now the builders pitch in to earn their profit over and above the over valued realty rates. The buyer is made to pay for ‘super built up area’ - area that is not even owned by her (mind you, this is everywhere now). [Since my emphasis in this post is about affordability of housing, I had better not deviate – the builder angle of the realty industry needs due attention – maybe in the next post!]
Is the government doing anything at all to control the situation?
The Housing Policy of the GoM drafted last year is yet to take shape. It does heavily emphasize on integrated townships to provide affordable housing to mainly the Economically Weaker Sections (EWS) and the Lower Income Group (LIG). Building affordable housing is to be incentivised by providing the developers with additional FSI and other incentives.
The in the pipeline ‘Aam Aadmi Awas’ of the GoI envisages to provide 45 million housing units to the LIG/EWS - all at just a lakh each. 270 sq feet dwellings with in house sanitation facilities and other recreational facilities to complement the settlements will surely provide at least a reasonably better standard of living. Interest subsidies are planned to try and take care of the funding aspect as well. Which means the LIG does have some concrete proposals to look up in anticipation to.
Now what about a normal middle class or a MIG (Middle Income Group) family which is too rich to fall into the LIG and too poor to fall in the UIG (Upper Income Group) to be able to afford a house in Bombay (well I specify Bombay because I reside here – the sorry state of affairs hold true for all major Indian cities)? It is the middle class which is the worst hit and is being marginalised with every passing day. The LIG, being the vote bank, (and honestly deserving the governments due attention too, at least in this case) is always considered by the Government in its policy making. The UIG does not need any pampering anyways.
Gets stuck, the middle class.
Do they need affordable housing? Yes.
Do they have affordable options? No.
Are they affluent enough in the government’s eyes? Yes.
Are they affluent enough to get themselves a place to call home? No.
I feel it is high time that the state played its role in making life a little easier for the MIG. The MIG wouldn’t need much – coz they are halfway there already. Instead of having a rigid cut off for interest subsidies, the government can have some sort of an inverse proportionality between the net income of the family and the interest subsidy they are eligible for. They can incentivise banks that hand out step up loans and thus help the MIG in buying better houses. Softening prepayment laws just in case they are able to cough up the finances required to pay off their dues to the bank, so that net outflow is restricted.
A few thoughts that require the governments’ action for me to find my dream home. Till then, it might just remain as my dream of a home…
Chaudhury was asked to renege his post as Chief Justice but refused to do so. He was kept under captivity for several hours at the Army House where he was summoned, before being allowed to leave. Thence he was kept under virtual house arrest with him and his family being confined to a single room. Phone lines were cut. No one was allowed to meet him.
In Chaudhury’s support, lawyers across the country stayed away from courts. It was a landmark first where lawyers and law enforcers clashed - lawyers took to the streets in a showdown with baton wielding riot police. Police beat Geo TV journalists inside the station’s studios in Islamabad because they had been airing footage of lawyers covered in blood from injuries they had received during a demonstration in support of Chaudhury. The studio was ransacked and the TV journalists were tear gassed. Several lawyers and judges began mass resignations. The Pakistani Judiciary was on tenterhooks.
Media, both local and international erupted with criticism. And after a long time, or probably the first time Musharraf was forced to offer an unconditional apology.
And then May 12th happened inChaudhury was again the centre of another massive anti-government extravaganza on May 26th in
Musharraf has failed to see that the movement has gone way beyond the lawyers. From a fight for an independent judiciary, it has now turned into a fight for democracy, a fight for independence. From him.
He better count his days in office. As far his reign goes, if this is not the end, this is certainly the beginning of the end.