-Live Mint BJP-ruled states to get more funds, while most Congress-ruled states will lose out if report's funding formula is accepted New Delhi: Odisha, Bihar, Madhya Pradesh and Chhattisgarh are the least developed (or the most backward) in that order, according to a government committee whose recommendations, if accepted, will mean a larger share of central funds for these states. Goa, Kerala and Tamil Nadu are India's most developed states, according...
More »SEARCH RESULT
Rajan panel ranks Odisha most backward State
-The Hindu Bihar is the second most backward, and Gujarat is less developed A panel headed by Raghuram Rajan has recommended a new index of backwardness to determine which States need special assistance. The new methodology ranks Odisha as India's most backward State, Bihar, which has been seeking ‘special' status, as the second most backward, and Gujarat as one of the "less developed" States. Goa is India's most developed State. In May this year,...
More »Malnutrition, not hunger, ails India -Arvind Virmani and Charan Singh
-Live Mint According to Unicef, India houses one-third of the stunted, wasted and malnourished children of the world Malnutrition is a persistent problem in India, though it is often confused with hunger. According to the Food and Agriculture Organization (FAO), about 18% of India's population was undernourished in 2012. Undernourishment is the main cause of children's deaths, and according to the United Nations Children's Fund (Unicef), India houses one-third of the stunted,...
More »Ripple effect of rising fuel prices: Get used to high food prices, RBI can do little to counter them -Avinash Celestine
-The Economic Times Like his predecessor, RBI governor Raghuram Rajan too remains worried about inflation. And despite repeated attempts, the RBI has had mixed success in taming prices. Reserve Bank of India governor Raghuram Rajan has clearly decided to play spoilsport to the markets. By making it clear that he, like his predecessor, remains worried about inflation, he has also effectively signalled that with consumer prices at 9.5%, markets shouldn't expect those...
More »Inflation at 6-month high on onions
-The Times of India NEW DELHI: The rate of inflation accelerated to a six-month high in August on the back of spiralling onion prices, posing yet another challenge for RBI ahead of the monetary policy review as it struggles to tame volatility in the foreign exchange market. Data released on Monday showed the wholesale price index (WPI) rose an annual 6.1% in August, higher than previous month's 5.79%. The inflation rate...
More »