-Outlook The poor are increasingly displaying food preferences for better tasting, flavoured and packaged foods but with low nutritional content. Renewed media hype about counting the number of poor was sparked by the recent release of the Socio-Economic Caste Census. While many analysts found the prevalence of poverty alarmingly high, others debunked the SECC report for its muddled and incoherent view of deprivation. An important contribution of this report, however, is the...
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Poor more prone to suicides than the rich, says NCRB -B Sivakumar
-The Times of India CHENNAI: Poor Incomes, mounting debts and family issues drove a good number of those in the lower socioeconomic bracket to suicide. Data put out by the National Crime Records Bureau ( NCRB) for 2014 said nearly 70% of the suicides were by people earning less than Rs one lakh per annum. This disturbing trend hasn't changed much. On July 18, in a suicide pact, a 35-year-old cab driver and...
More »Two-thirds of rural households still use firewood for cooking, says NSSO -Rukmini S
-The Hindu In urban areas, however, a similar proportion use LPG Over two-thirds of households in rural India still rely on firewood for cooking, new data from the National Sample Survey (NSS) Office show. In contrast, a similar proportion of households use liquefied petroleum gas for cooking in urban areas, but 14 per cent of urban households — including nearly half of the poorest 20 per cent — still rely on firewood. Data...
More »A subsidy and some questions
-The Hindu The Central government’s decision this week to extend the interest subvention scheme on bank loans given to land-owning farmers at 7 per cent is essentially a welcome move. This is especially so in a context where there is no real clarity on how the current monsoon will turn out to be, running at a deficit of 7 per cent as it does currently. With an additional subvention component of...
More »Monsoons and markets -Ashok Gulati
-The Indian Express These are the root causes of agricultural distress. Farmers need better irrigation and access to markets. Speaking at the foundation day celebrations of the National Bank for Agriculture and Rural Development (Nabard) on July 12, Union Finance Minister Arun Jaitley said that there were reasons to smile on the economic front as India remains a bright spot, despite the global slowdown. He talked about the 7-8 per cent...
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