-Down to Earth Is placed along with countries like Congo, Equatorial Guinea, Ghana and the People’s Democratic Republic of Lao While the world has made significant progress in child health, education and nutrition in the past decade, India has fared Poorly among middle-income countries. It has been given a ranking of 112 in the Child Development Index (CDI) report released by the non-profit Save the Children. This is much lower than the...
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Poverty plunged under UPA rule, claims govt study-Chetan Chauhan
-The Hindustan Times The UPA government’s economic policies have resulted in record reduction of poverty over the last two years, with the individual’s monthly expenditure rising by around 18% per annum, the highest since 1987, government data released a week before the Parliament’s monsoon session claimed. The government’s National Sample Survey Organisation released the provisional data of the Household Consumer Expenditure Survey for 2011-12 on Wednesday. The study is the most crucial...
More »Inflation, Poor monsoon hit consumption in eastern India-Shine Jacob & Nirmalya Behera
-The Business Standard Consumers say they cannot buy branded FMCG items in mobile phones, customers opt for low-end handsets while retaining brand loyalty Last year, Ashok Das, a farmer-cum-fisherman from the small industrial town of Rishra in the Hooghly district of West Bengal, had promised his younger son a branded television. But last year’s bad crop output and this season’s deficient monsoon made him change his plans and finally settle on a...
More »'10% of Rural India Lives on Less Than Rs 17 a Day'
-PTI Two decades of economic reforms and drum beating about inclusive growth seem to have failed to change the face of rural India as 10 per cent of the population live on less than Rs 17 a day. According to a government survey released for 2011-12 on household consumer expenditure, "The Poorest 10 per cent of India's rural population had an average monthly per capita expenditure (MPCE) of Rs 503.49 per month." Their...
More »Government rolls out package to deal with Poor monsoon
-The Economic Times The government has stopped short of declaring a drought but rolled out a relief package which includes subsidised diesel for irrigation, funds to ensure drinking water, seed subsidy for resowing crops and augmentation of fodder supply. "The number of rain-deficient districts this year is more than in 2009," said agriculture minister Sharad Pawar after chairing a meeting of the Empowered Group of Ministers (EGoM) on drought. The meteorological department...
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