-The Hindu Proposing a new "empowerment line" that aims to measure the minimum economic cost for a household to fulfil eight most basic needs, a global research organisation has estimated that 680 million Indians, or 56 per cent of the population, lacks the means to meet their essential needs. Health care, drinking water and sanitation between them account for nearly 40 per cent of the gap between their current status and the...
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McKinsey pegs poverty line at Rs 1,336 per month -Prabhakar Sinha
-The Times of India NEW DELHI: A Global consultancy firm pegged a new level for poverty or empowerment line - at Rs 1,336 per month per person as against the poverty line prescribed by the government at around Rs 870 per month per person. McKinsey, in a report, said the empowerment line determines the level of consumption required for an individual to fulfill his/her basic need for food, energy, housing, drinking water,...
More »Budget 2014: Political move? UPA shifts power over huge spending to states
-The Times of India NEW DELHI: The next government at the Centre will have far less money to play with, thanks to something Chidambaram has done. He has transferred substantial control over spending on centrally-sponsored schemes such as employment guarantee and Sarva Shiksha Abhiyan to the states. In the coming year, the amount is Rs 3.4 lakh crore. State governments will be pleased. Political observers see it as a move to curry...
More »'Bihar grew at 12% last 7 years' -Abhay Singh
-The Times of India PATNA: Bihar's average annual growth rate has been 12% in the last seven fiscal years, one of the highest among all Indian states, on the back of high growth rate achieved in the agriculture and allied sectors. Besides, advancement has also been made in healthcare and education. The state's Economic Survey Report for 2013-14, which was tabled in the assembly on Friday, has concluded this. The summary of...
More »India's urban work boom is leaving women behind-Akshat Rathi
-The Hindu Under India's labour laws, women engaged in "informal" work - such as domestic work - have few workplace rights. This makes it harder for women to have sustainable jobs, let alone a career. Nearly 400 million people live in cities in India and during the next 40 years that number will more than double. Not only is the proportion of India's total female population that is economically active is among...
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