-The Times of India A middleclass dream that politics can be redeemed by means other than politics has just ended, with Team Anna’s decision to launch a political party and join the fray. Many of his ardent supporters and well-wishers have registered deep disappointment. Anna is becoming part of the problem, they cry. The problem was with the hope that gods out of the machine can serve up deliverance on a...
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For real inclusion, agriculture and not just the economy must grow fast
-The Economic Times The latest consumption figures from the National Sample Survey Organisation show that rural consumption grew 18% in the two years to 2011-12. Poverty fell by roughly 7% in villages and 1% in towns. The town-country gap in incomes narrowed. This is welcome but needs to be qualified. 2009-10 was a drought year, depressing consumption and thereby exaggerating the improvement registered two years later. Over a longer seven-year period, between 2004-05...
More »States seek legislative changes to to punish those drawing excess power from grid-Debjoy Sengupta & Mitul Thakkar
-The Economic Times KOLKATA/AHMEDABAD: Power sector officials from Ahmedabad to Kolkata are fretting over the indiscipline of northern states and are seeking legislative changes to imprison those responsible for drawing excessive electricity and putting at risk power supply to law-abiding states. Most officials in eastern and western India say that the unprecedented breakdowns of power supply this week were avoidable. Officials are angry with the Northern Regional Power Committee (NRPC), the body...
More »The bottom line
-The Indian Express New NSS data affirms that GDP growth remains the best way to tackle poverty Amid the pervasive economic gloom, provisional data from the 68th round of the National Sample Survey Office’s just-concluded household consumer expenditure survey offers a sliver of good news. According to it, average inflation-adjusted expenditure for July 2011-June 2012 rose by about 4.5 per cent in two years, with the poorest 10 per cent of the...
More »NSS data shows improvement in living standard of the poorest-Surabhi
-The Indian Express The National Sample Survey has found a 17 per cent improvement in expenditure patterns of the poorest decile of India’s urban population in two years till 2011-12. “The poorest 10 per cent of India’s rural population had an average monthly per capita expenditure (MPCE) of Rs 503.49 per month,” the survey found. In the last round of the NSS for 2009-10, the poorest 10 per cent of the rural...
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