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Disparity in income getting sharper, NSSO data shows-Asit Ranjan Mishra

-Live Mint In urban India, the ratio of the top and bottom 10% of the economic group increased to 10.9% from 10.1% Economic growth is increasing the income and consumption levels of the average Indian faster than before, but income disparity is getting sharper, especially in the country’s villages, which may require a greater effort aimed at creating jobs in the non-farm sector in rural areas. The increase in Inequality is evident from...

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Inequality rising in India, shows data on spending-Nitin Sethi

-The Times of India India's growth story is undeniable. But the 68th National Sample Survey Organization's (NSSO) findings seem to reaffirm that the benefits from this boost in the economy have been cornered by the upper crust, while the poorest continue to languish in near destitution. Compared with the previous survey, which was conducted in 2009-10, the monthly expenditure of the poorest 10% population in rural India has risen by only...

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Old diet, new recipe-Sebastian PT

-Business Today "I want it back," says Sharada Begum. The 67-year-old woman is a member of one of the 100 households of Raghubir Nagar, a resettlement colony in west Delhi, chosen to participate in a pilot scheme that aimed to turn the public distribution system (PDS) on its head. Through all of 2011, these households had Rs 1,000 transferred every month to a woman member's bank account in lieu of rice, wheat,...

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Higher food inflation in rural India: IMF paper-Dilasha Seth

-The Business Standard At a time when food inflation is on the upswing, an International Monetary Fund (IMF) working paper suggests it may not be as worrisome a factor, at least in rural areas. The paper says the rate of price rise in food items leads to lower income Inequality in rural India. The reason is pretty simple: rural areas comprise food producers as well. Also, non-food inflation results in higher income Inequality...

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Land acquisition bill encourages squatters-Urmi Goswami

-The Times of India If the Cabinet approves the Land Acquisition and Rehabilitation and Resettlement Bill, 2012, then squatters too will have to be given rehabilitation and resettlement packages if the land they occupy is acquired. Squatters will need to show that they have been working/living in the affected area for three years to be eligible for compensation. Infrastructure ministries are irked at this inclusion, especially the short eligibility period of three...

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