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Urban slums data reinforces India’s consumption story-Neha Sethi

-Live Mint Indians who live in slums are not very different from those who live elsewhere, in terms of ownership of assets Indians who live in slums are not very different from those who live elsewhere, in terms of their ownership of assets, including consumer products and houses, although they may not have the same access to water and sanitation. The finding, reflected in Census 2011 data that was released on Thursday, reinforces...

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Farmers' bodies flay food security Bill

-The Financial Express Leading economists who fear that the cost of the food security law on the exchequer would be much higher than estimated by the government have a seemingly unlikely ally - farmers' groups. A couple of national-level farmers' organisations have opposed the National Food Security Bill, saying it would "lead to nationalisation of agriculture by making the government the biggest buyer, hoarder and seller of foodgrains". Farmers' representatives from a...

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'Rural wage hike pushing inflation, posing challenge for RBI'

-PTI About 20 per cent increase in wage inflation is building up price pressure on food articles and is posing a big challenge for RBI to cut policy rates, an industry body said today. "Near 20 per cent annual increase in the wage inflation in rural areas is building up price pressures on food articles like cereals, rice and wheat, and is posing a big challenge for the Reserve Bank which is...

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Ajay Chhibber, Regional Director of the UNDP interviewed by Arlene Chang

-First Post In an interview with Firstpost, Ajay Chhibber, Regional Director of the UNDP, tells us why India ranks low on the Human Development Index, below China, Sri Lanka and Iran, what we need to do to improve our standing and why welfare schemes are not to be blamed for poor growth or inflation. Excerpts from the interview: * Why does India lag other BRIC countries in the HDI ratings? Compared to the other...

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India produced 32,455 million units of N-power in 2011-12

-PTI India's atomic power generation has more than doubled since 2008-09 to 32,000 million units last year after it was permitted into the club of nations allowed to participate in international nuclear commerce. India's nuclear power sector had produced 14,927 million units of electricity in 2008-09, the year when it signed an additional safeguards protocol with the International Atomic Energy Agency (IAEA). The IAEA approval came on August 1, 2008 and the next...

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