Latest news with #PSuresh
Time of India
2 days ago
- Business
- Time of India
Global Vijayawada diaspora joins hands to uplift ‘golden families' under P4 scheme
Vijayawada: In a major boost to NTR district's fight against poverty, people from Vijayawada who have settled across the globe are stepping in to support the P4 (People–Public–Private–Partnership for Poverty Reduction) scheme. Tired of too many ads? go ad free now Nearly 900 Non-Resident Vijayawadians (NRVs), known for their active involvement in social service across Andhra Pradesh, are now being encouraged to mentor vulnerable families back home. Recognising their success stories and philanthropic spirit, the NTR district administration is tapping into this global network to assist 'Bangaru Kutumbams' (Golden Families) — economically weaker households identified for upliftment under the P4 policy. Taking this initiative forward, District Collector Dr G Lakshmisha recently held a special meeting with a group of NRVs and members of the PB Siddhartha College of Arts and Sciences Alumni Association at the Collectorate. "NRVs are ideal partners in this mission. They've seen success across the world and are now ready to give back to their roots. The P4 policy is a path to eliminate poverty by 2029 by connecting the top 10% of society to uplift the bottom 20%," the collector said. He added that 86,398 golden families have already been identified in the district, of which 30,617 families have been adopted by 3,897 volunteer guides. The administration now hopes that more NRVs will join hands in guiding these families in skill development, employment, self-employment, and access to health services. NRVs including P Suresh, Y Manidhar and Harshasai pledged their involvement in the initiative. P B Siddhartha alumni members Swaroop, A Prashant Chowdhury, G S C Bose, and Sumabindu Atluri also assured their support. Collector Lakshmisha emphasised that this global-local partnership will not only combat poverty but also enhance Vijayawada's identity as a city of entrepreneurship, culture, and compassion.
Hans India
06-06-2025
- General
- Hans India
Green message echoes at Bapu Museum
Vijayawada: The Bapu Museum here observed World Environment Day 2025 with a meaningful sapling plantation drive aimed at promoting environmental stewardship and sustainability. As part of the initiative, KV Krishnaiah, chairman of Andhra Pradesh Gazetted Officers' Joint Action Committee (APGOsJAC), and P Suresh, Deputy Director of the Department of Archaeology and Museums jointly planted a Rama Phalam (Annona Squamosa) sapling in the museum premises. The programme witnessed the enthusiastic participation of officials, staff members, and local stakeholders, who came together to emphasise the need for collective responsibility in preserving nature. Speaking on the occasion, the dignitaries highlighted the critical role that such small but significant acts—like tree planting—play in building long-term ecological resilience. This year's Environment Day theme, 'Land restoration, desertification, and drought resilience,' served as a guiding message for the event. The participants reiterated the urgency of land conservation and drought mitigation efforts in the face of climate change and environmental degradation. The plantation drive served as a call to action for citizens to contribute actively to environmental preservation. The event concluded with a pledge to continue similar green initiatives across other heritage and institutional locations in the state. Chairman of Andhra Pradesh Gazetted Officers' Joint Action Committee (APGOsJAC) KV Krishnaiah, and Deputy Director of the Department of Archaeology and Museums P Suresh jointly planting a sapling on the museum premises in Vijayawada on Thursday
Time of India
18-05-2025
- Business
- Time of India
Affordable housing faces tough times on rising costs
Chennai: Despite reduction of unsold stock inventory and signs of recovery in the affordable housing segment, it has not enthused developers. Poor conversion rates, spiralling construction costs and unsustainable margins are posing a grave challenge to the affordable housing market. This has resulted in several developers keeping away from launching new projects in the segment. Their reluctance is despite a huge opportunity in this space over the next five years. A report by CII and Knight Frank has projected the cumulative affordable housing demand to reach 31.2 million units with an estimated market size of Rs 67 trillion by 2030. Anarock research has found that unsold inventory in the affordable housing segment ( P Suresh, MD of Chennai-based affordable housing developer Arun Excello said, 90% of developers have shifted out of the affordable housing segment post-Covid in Tamil Nadu. "The pandemic impacted lower salaried employees, who were the core customers of affordable housing. Also, govt's incentives for affordable housing homebuyers were withdrawn. Subsequently, those buying properties for the purpose of rentals did not pursue their interests," he said. The company still continues with affordable housing projects around the city. Affordable housing units are those with a carpet area of up to 60 sq m in metropolitan cities and 90 sq m for non-metropolitan cities that are priced less than Rs 45 lakh.
