-The Hindu The impressive gain by rural households in spite of the favouritism towards non-primary activities appears real The Indian economy has moved on a high growth path since the mid-1980s. After a blip in growth between 1990-92, liberalisation, initiated for aligning the Indian economy with the world in 1991, not only put the economy back on a higher growth path but also sustained this growth till the 2000s. During the last...
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Only 40 per cent of middle class has piped water connection: survey-Rukmini S
-The Hindu Not all of the Indian middle class has access to all amenities yet. According to latest data from National Council for Applied Economic Research (NCAER), only 40 per cent of those in the middle class, comprising households with annual income above Rs. 88,800 annually (an estimate suggested by NCAER researchers), have piped water connections, and only 15 per cent get three hours of water supply every day. Just over...
More »A new online software disburses farm loan details-MJ Prabu
-The Hindu Kerala: Getting a crop loan from a bank and after repaying the entire amount getting back the land or house papers submitted as collateral security for availing the loan are not easy tasks. "Farmers know well how hard it is to get a bank loan today. In several cases they are often in the dark about their eligibility for applying or interest calculated on their loan amount disbursed. "As an answer...
More »Growth is not a victim of the UPA, it is the other way round -Maitreesh Ghatak and Parikshit Ghosh
-The Hindustan Times If the opinion polls are to be believed, the UPA is facing a rout in the coming Lok Sabha elections. One explanation, popular in the media, goes something like this: The UPA faces voter wrath because it destroyed growth. The economy has paid a price for bad governance and expensive welfare schemes. If you look at data for the last two years, this view will find some support....
More »Rural job scheme: a game changer now too?-T Ramakrishnan
-The Hindu Chennai (Tamil Nadu): Many still believe that the UPA regime's flagship rural job scheme, the ‘Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS)', silently did wonders for the Congress in 2009 Lok Sabha polls. Will it be a game-changer in the 2014 polls also? There is no straight ‘Yes' or a ‘No' for an answer, as this correspondent discovered during a tour of some of the districts in Tamil...
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