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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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Rural expenditure up by 33 per cent: NSSO-Richard Mahapatra

-Down to Earth Around 83 million rural people still live on less than Rs 20 a day In just two years, rural India's household expenditure has increased by more than 30 per cent, according to the latest household consumer expenditure survey by the National Sample Survey Office (NSSO). Household consumer expenditure is being used as a proxy to decide the income of households. The results, declared on July 31, suggest a big...

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RURAL URBAN DIVIDE: A TALE OF TWO INDIAS

A government report lends credence to the notion of “two Indias”, or the distinction between “India” and “Bharat” – a theme often debated in recent years. At a time when urban India is growing and policy makers have expressed clear preference for the trend, this report, by National Sample Survey Organisation (NSSO), brings India’s deep urban-rural divide into focus, showing disparities in scale and levels of expenditure and consumption and, equally...

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India's yield paralysis-Indicus Analytics

With regional disparities, the target of four per cent agricultural growth remains elusive The importance of agriculture in the Indian economy becomes quite clear just before the monsoons. Though other sectors contribute a greater share to the national income, more than three quarters of India’s rural population is still dependent on agriculture as the primary driver of income. India has come a long way from an era of vulnerability to food shortages...

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India faces rising labour force, inequality-Prashant K Nanda

Sounding a note of caution, the Economic Survey has stressed that for “growth to be inclusive” India must create adequate employment opportunities—a call that underlines existing inequality, including urban-rural Income disparity, and concern that it may increase as more young people enter the job market. While India’s unemployment rate has dropped from 8.2% in 2004-05 to 6.6% in 2009-10, the number of jobless is still huge in absolute terms. The...

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