The reduced allocation to the UPA government’s flagship rural programme NREGA could see revenue growth in the FMCG sector falter. Consumer staples firms have been relying on rural demand growth to bolster their top line but the reduced allocation to the Mahatma Gandhi National Rural Employment Guarantee Scheme (NREGA) for the financial year 2012-13 could see growth in FMCG sales in rural areas being crimped feel industry experts. Finance minister Pranab...
More »SEARCH RESULT
Total Matching Records found : 9482
Plan panel to set up expert group to revisit criteria for poverty
-The Pioneer The Planning Commission will constitute an expert group in three months to revisit the methodology for estimating poverty amid demand for removal of its Deputy Chairman Montek Singh Ahluwalia for pegging the poverty line at Rs 28.65 daily per capita consumption for cities and Rs 22.42 in rural areas. “The Government had taken a decision to set up a technical group to revisit the methodology for estimating poverty in a...
More »Technical committee to estimate poverty, says Manmohan by K Balchand
It will not work at cross purposes with the Abhijit Sen committee: Ashwani Kumar In a bid to address the rising concerns, within and outside Parliament, over the latest poverty estimates released by the Planning Commission, Prime Minister Manmohan Singh on Thursday declared that a technical group would be put in place to come up a new methodology to capture the incidence of poverty. Talking to reporters on the sidelines of a...
More »Poverty levels fall by 7 percentage points in 5 yrs, faster in villages than in urban areas
-The Indian Express Rural areas have shown a faster pace of decline as poverty levels dipped by over seven percentage points in the past five years in the country. As per Planning Commission estimates released on Monday, Himachal Pradesh, Madhya Pradesh, Maharashtra, Orissa, Tamil Nadu, Karnataka and Uttarakhand are among the top performers, with the decline in poverty in each of these states estimated at 10 percentage points or more between 2004-05...
More »Poverty down, no matter what method is used, says Montek
-PTI Rejecting widespread criticism for pegging poverty line at Rs 28.65 daily consumption, Plan panel Deputy Chairman Montek singh Ahluwalia on Saturday asserted that the number of poor in the country has come down irrespective of the method of calculation. "..whatever poverty line you choose. The question is poverty in the country is going down. Some people have said that it is not correct..poverty is not going down..I reject that view...I categorically...
More »
