Managing Urbanization

Most of our metros and cities are under severe stress with inadequate social and physical infrastructure coupled with worsening pollution. Migration pressures are likely to increase. How do we make our cities more liveable? What can we do today to ensure that smaller cities and towns are not similarly overwhelmed tomorrow?

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How can we prevent the emergence of new slums in our cities in the future?

What should be done to encourage the credit worthiness of the slum dwellers so that they can avail credit?

Postby chanana.ak@nic.in » Mon Feb 21, 2011 8:31 am

What should be done to encourage the credit worthiness of the slum dwellers so that they can avail credit?
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Re: What should be done to encourage the credit worthiness of the slum dwellers so that they can avail credit?

Postby ca_maneesh@yahoo.co.in » Mon Aug 22, 2011 5:35 pm

We can look forward for the few recommended steps.

1 Establishing a separate departments in various public sector banks which can be supported and subsidized by the govt in terms of charging the interest.
2 Linking the UID with the nature and reliability of the person availing the interest.
3 Encouraging the awareness through various SHG's
4 Same like ''Bank Sathi'' we can have similar concept in various rural and urban slums.

Few examples http://www.sewabank.com/bank-sathi.htm

4 Check out the daily earning of the person ( banks job ) and formulating a package which can serve to the smaller needs.
5 For the first time we can demand for a collateral or surety , but once the payments have been made against the first credit obtained we can waive off the same ( depends upon the circumstances, nature and amount involved.
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Re: What should be done to encourage the credit worthiness of the slum dwellers so that they can avail credit?

Postby rajesh_rathod999@hotmail.com » Wed Nov 23, 2011 8:44 pm

by inculcating sense of ownership and pride of living..their life should be made more worthy....crdit worthiness will automatically improve....

giving them land for free will reduce its worth let them earn it ....by giving them loan .(low intrest rate...),create institutions like localclub,gym,cultural groups,youth clubs,theatre,malls,shops ,bank branches specially for them,everything they can say their own.....and have fear to loose if they dfault idefinately improvemant will be seen..
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