India International Centre is coming up with an exhibition of Kanthas from the late 19th century till pre-independence; and contemporary Kantha created in the 1990s initiated by the renowned sculptor, late Meera Mukherjee. Titled ‘The Needle Reverence’ – a story stitched by the thrift of Bengali women, the art show will feature collection of Siddhartha Tagore and Mahesh Naithani as well as Meera Mukherjee’s kanthas from the collection of Dolly Narang. Also Read – An income drop can harm brainTo be inaugurated on April 3, at 5:30, by Jasleen Dhamija, veteran historian on Indian textiles, the exhibition is organised to honour Kamaladevi Chattopadhyay. It will be on view from April 4 to 12, 11 am to 7 pm daily at the Art Gallery, IIC Annexe, New Delhi. A creation that started as a way to make life more comfortable has overtime developed into a more detailed and amplified Kantha tradition. Most Kanthas were made by illiterate rural women who would stitch stories into the quilts. Conventionally, these women used a simple running stitch and basic embroidery techniques to create quilts in addition to embroidered cloths for their homes with running stitches along the edges. Also Read – Shallu Jindal honoured with Mahatma AwardFor generations of Bengali women, the technique of the age old craft were and still are being passed down from mother to daughter. These women would often personalise their work by either putting their name on it or by illustrating their relationship with the person for whom the gift was intended. As has been stated in the book ‘The Scared Textiles of India’, kanthas are as diverse as there have been women designing and embroidering them. Subsequently, the craft took a backbench, like many Indian handicrafts. In the 18th and 19th century the East India Company ruled a considerable section of the country. Though Kantha continued to be practised amongst rural women, the recognition of the craft faded as by then England was printing its own Indian textiles, with machinery and newly developed synthetic dyes. In the post-independence period, there were many a great attempts to revitalize and restore the dying craft with a new life. And now for decades the embroidery craft has been a source of economic independence for rural women. A revolutionary for Kantha today, Shamlu Dudeja took a great initiative in the early ’80s to empower women. Dudeja has worked to incorporate Kantha in today’s market with home decor, urban furnishing and clothing such as sarees. She points out that “creating new Kantha means lots of experimentations and payment to the artists, especially from the semi urban areas”. Kantha embroidery is a popular force even in the fashion world now. With designers displaying beautiful works with a contemporary flair. Kantha has been around for ages however, there is a growing need to maintain its authenticity. Although, a great boon to the handloom sector, which is now the second largest employer in rural India, some fear that with the profit oriented markets, the age old Indian heritage of hand weaving communities may lose their genuineness. The exhibition at IIC is organised in collaboration with MATI – Management of Art Treasures of India; with the support of Art Konsult; The Village Gallery; and Art and Deal Magazine.
ENDWELL (WBNG) — The Endwell Greens Golf Club and Event Center says their restaurant and bar will be closed for a couple of days after two employees tested positive for the coronavirus. The golf club says operations will remain open under new precautions to protect golfers. The pro-shop will be window service only, and the golf carts will be sanitized after every use. They say one of the employees has not worked since Friday, Aug. 7 and the other hasn’t worked since Monday, Aug. 10. The golf club says the restaurant will be closed Monday, Aug. 17 and Tuesday, Aug. 18, to sanitize the facility, and are hopeful they can reopen on Wednesday. The golf club urges all golfers to practice social distancing. The golf club says they will continue to monitor their employee’s health and be diligent with operations to prevent the spread of the virus.
Population and dwelling stock growth – year ended..“Instead, in New South Wales, where the recent decline in housing prices has been the largest, the unemployment rate has continued to trend down. It is now at levels last seen in the early 1970s. The unemployment rate has also trended lower in Victoria.”“So, the origins of the current correction in prices do not lie in interest rates and unemployment. Rather, they largely lie in the inflexibility of the supply side of the housing market in response to large shifts in population growth.”And that, according to him, is where much of the blame goes, with supply taking “the better part of a decade” to react to population growth and nonresident demand.Domestic investors also added to the cycle. he said, especially in New South Wales.“At the peak of the boom, approvals to investors in New South Wales accounted for half of approvals nationwide, compared with an average of just 30 per cent over the five years to 2010.” Investor housing loan approvals in $billions (seasonally adjusted).More from newsParks and wildlife the new lust-haves post coronavirus14 hours agoNoosa’s best beachfront penthouse is about to hit the market14 hours agoBut “amplified” price increases designed to boost investor profits came at a price.“There is an internal dynamic to housing price cycles, and this one is no exception. By 2017, the ratio of the median home price to income had reached very high levels in Sydney and Melbourne.” “Finding the deposit to purchase a home had become beyond the reach of many people, especially first home buyers if they did not have others to help them.” But Dr Lowe refused to blame tighter lending standards for the shrinking buyer pool, saying “the main story … is one of reduced demand for credit, rather than reduced supply”.He agreed though that some lenders have gone too far the other way now — and if they couldn’t find the right mix it would have economic impact.“As lenders recalibrated their risk controls last year, the balance may have moved too far in some cases. This meant that credit conditions tightened more than was probably required.”“Now, as lenders continue to seek the right balance, we need to remember that it is important that banks are prepared to take credit risk. And it’s important that they have the capacity to manage that risk well. If they can’t do this, then the economy will suffer.”The bright side for Mr Lowe was that the housing market adjustment was “manageable for the overall economy”.“It is unlikely to derail our economic expansion,” he said. “It will also have some positive side-effects by making housing more affordable for many people.”And what of interest rates? Dr Lowe was coy, except to in a roundabout way say that the best course of action right now was inaction.“We have the flexibility to adjust monetary policy in either direction as required. There are plausible scenarios under which the next move in interest rates is up. There are also plausible scenarios under which it is down.” “At the moment, the probabilities appear reasonably evenly balanced. Given these various cross currents, the Board’s judgement remains that the most appropriate course is to maintain the cash rate at its current level.” FOLLOW SOPHIE FOSTER ON TWITTER Housing price to income ratios: Average dwelling prices to average annual household disposable income.“At the same time, the combination of high prices and weak growth in rents meant that rental yields were quite low. So, naturally, momentum shifted.” “Given the big run-up in prices and the large increase in supply, a correction at some point was not surprising, although the precise timing is nearly impossible to predict.”He agreed that low interest rates played a part in making credit available cheaper than ever to borrowers — and that tighter lending standards were now having an impact. 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This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenHow much do I need to retire?00:58 Incomplete house the hottest in Australia Australia’s worst house for sale The Reserve Bank of Australia has crystal balled the housing market in a speech mid this week. Picture: AAP Image/Joel Carrett.Reserve Bank Governor Philip Lowe’s “housing market 101” crystal balled the housing market, even as he labelled Aussies the most “intense” property sector watchers in the world. In his Housing Market and the Economy speech, delivered in Sydney, Mr Lowe said “Australians watch housing markets intensely, perhaps more so than citizens of any other country”. He said the large run-up in prices and subsequent decline were caused by a combination of factors, but there was something weird this time around.This as the five years to late 2017 saw nationwide housing prices jump “almost 50 per cent” and since then falling “by 9 per cent” – that is, back to mid 2016 levels.“The current adjustment is unusual,” Dr Lowe said. “Unlike the other four episodes in which housing prices have declined in recent decades, this one was not preceded by rising mortgage rates. Nor has it been associated with a rise in the national unemployment rate.” MORE REAL ESTATE NEWS Fallout set to hit Tinder generation Governor of the Reserve Bank of Australia Dr Philip Lowe. Picture: AAP Image/Dean Lewins.