High inflation and moderate economic growth seem to have taken away the "feel good" factor for many Indians. Gallup's Financial Wellbeing Index, released on Monday, showed that 31% of Indians rated their present and future lives as "suffering" compared to 24% in 2011. Similarly, only around 13% said that they are "thriving" compared to 21% a year ago. The biggest jump in the "suffering lot" is in the middle 20% population, where...
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Growth vs garbage: Can we have efficient disposal mechanism?-Neeraj Kaushal
-The Economic Times Economic growth produces prosperity as well as garbage. The faster the economy grows, the more its people consume, and the more garbage they generate. When economic growth is sustained over a long period of time, garbage starts to pile up at a faster pace. Garbage just cannot be wished away even as some of us can move around it with eyes wide shut. It needs to be collected,...
More »Rural purchasing power waning on inflation, rising input costs-Heena Khan
But non-farm income keeps economy afloat New Delhi, April 25: The rural growth story is slowly losing sheen because of inflation and rising input costs. In fact, rural price level is higher than urban price level. The March Consumer Price Index number for rural India stood at 116.3, while that for urban India stood at 114.6. Mr Ajay Sriram, Chairman and Senior Managing Director, DCM Sriram Consolidated Ltd, says the rural growth...
More »A fall to cheer
-The Economist For the first time ever, the number of poor people is declining everywhere THE past four years have seen the worst economic crisis since the 1930s and the biggest food-price increases since the 1970s. That must surely have swollen the ranks of the poor. Wrong. The best estimates for global poverty come from the World Bank’s Development Research Group, which has just updated from 2005 its figures for those living in...
More »Glaring gender bias ails heart health-Kounteya Sinha
Women in India face discrimination even when it comes to their heart health. Three separate studies - one of them from India and the other two from China and West Asia - presented at the World Congress of Cardiology in Dubai on Friday said that women don't receive the same treatment as men for heart disease across the world. They said that women with acute coronary syndrome (ACS) receive inferior or less...
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