The government’s latest estimates show that foodgrain production in the crop year 2010-11 rose sharply by 10.75% to a record 241.56 million tonnes (mt), a move that could potentially have a dampening effect on inflationary expectations. The impressive increase led by wheat, maize and pulses is revealed in the final estimates for 2010-11, and is partially explained by the fact that 2009-10 was a drought year. The crop year extends from July...
More »SEARCH RESULT
Total Matching Records found : 891
Challenging the poverty dimension of inflation by Madan Sabnavis
A perverse, yet novel reason put forward to explain high inflation is that the poor are eating more as they are becoming less poor. The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been extolled for being responsible for higher consumption, which in a way is a vindication of high inflation. The extended logic used here is that if the poor are eating more and we are paying high...
More »Bihar's per capita expenditure lowest in country
-TimesWireService.Com Patna/ New Delhi: Bihar Continues To Be At The Bottom Of The Ladder So Far Monthly Per Capita Expenditure (mpce) Is Concerned. Punjab, Kerala And Maharashtra Continue To Top The List. According To The 66th Round Of The Household Consumption Expenditure Survey Released By The National Sample Survey Office (nsso) On Friday, Rural Bihar With Just Rs 780 Has The Lowest Monthly Per Capita Expenditure (mpce) In The Country To...
More »Income gap rises in India: NSSO by Asit Ranjan Mishra
Despite the much-hyped rural consumption boom and all the social sector programmes of the government, the income inequality between the rural and urban consumer widened to 91% in the first five years of the United Progressive Alliance coming to power in 2004. According to the 66th round of the household consumption expenditure survey released by the National Sample Survey Office (NSSO) on Friday, the per capita expenditure level of the urban...
More »Rural India spending more on FMCG and services: NSSO
-The Economic Times Rural Indian households are spending more on consumer goods like durables, beverages and services than five years ago, shows the latest expenditure data that debunks the notion that rapid growth in recent years did not benefit the hinterlands. The household consumer expenditure survey for 2009-10, released by the National Sample Survey Office ( NSSO )) on Friday, shows rising real spending in rural areas, even though it...
More »
