-The Times of India NEW DELHI: Various ministries — led by health, agriculture and human resource development — have released close to Rs 44,000 crore over the past few years without getting utilization certificates or accounts of grants given to statutory bodies and organizations, resulting in spending without any evidence of gains flowing to the beneficiaries. The concern has been flagged by the Comptroller and Auditor General (CAG) in a new report...
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Tribal alienation in an unequal India -Mihir Shah
-The Hindu Thanks to the caste system, India has always been an unequal society. What is even more worrying is that inequality appears to have deepened in the past two decades The Boston Consulting Group’s 15th annual report, “Winning the Growth Game: Global Wealth 2015”, has received extensive coverage in the Indian media. The report comes on top of the Global Wealth Databook 2014 from Credit Suisse, which provides a much more...
More »92% rural homes run on less than Rs 10,000 per month -Subodh Varma
-The Times of India NEW DELHI: Giving a more storied picture of rural India, the Socio-Economic and Caste Census (SECC) released on Friday says that a staggering 92% of rural households reported their maximum income below Rs 10,000 per month. Nearly three quarters of all rural household said that the income of the highest earning member was Rs 5,000 or less. The SECC was conducted during 2011-12 with some states completing it...
More »Socio Economic Caste Census: In villages, one in three households in poverty; over a fifth SC/STs -Ruhi Tewari
-The Indian Express Information was collected on a range of parameters at the individual and household levels like occupation, education, disability, religion, SC/ST status and employment. Nearly one in every three rural households still have an uncertain source of income and continue to live in one-room kutcha houses, according to the findings of the first national Socio Economic Caste Census (SECC). Officials told The Indian Express that these households — 31.26 per...
More »₹1-lakh cr to be disbursed under MUDRA for micro-entrepreneurs -Shishir Sinha
-The Hindu Business Line Finance Minister meets bankers to set targets To promote very small businesses, the Centre aims to facilitate credit up to ₹1 lakh crore under the MUDRA scheme in the current fiscal. According to a senior government official, the credit facility issue was discussed at a meeting between the Finance Minister and bankers recently. It was proposed that for the current fiscal, the target under ‘Shishu’ category would be ₹40,000 crore,...
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