-The Times of India MUMBAI: Less than one in five single working women, excluding those divorced and widowed, take their own investment decisions, a recent all-India survey has found. Despite handling responsibilities at their workplace, they depend on parents and family members, friends and financial advisers when it comes to taking a call on money matters such as where and how much to invest. The reasons for this behaviour vary from...
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Poor in villages live on Rs 17 a day, in towns on Rs 23 a day: Survey -Mahendra Singh
-The Times of India NEW DELHI: The poor in rural areas spend only Rs 17 per day while those living in cities and towns spend Rs 23 a day, a government survey has revealed. The bottom 5% of the population had an average monthly per capita expenditure of Rs 521.44 in rural areas and Rs 700.50 in urban areas, according to National Sample Survey (NSS) data for 2011-12 (July-June). The top 5% of...
More »Unemployment in India on the rise, rural women worst hit
-The Times of India NEW DELHI: Between 2009-10 and 2011-12, the proportion of people working slipped slightly in India, and the share of unemployed persons ticked up, a government report released on Thursday has revealed. In 2009-10, 36.5% of the population was gainfully employed for the better part of the year. By 2011-12, the proportion of such workers had dipped to 35.4%. Meanwhile the unemployment rate went up from 2.5% to...
More »Right to food or drinking water? -Niranjan Rajadhyaksha
-Live Mint The fundamental pathology of Indian policy is the overwhelming preference for subsidies over public goods One useful way to understand a fundamental flaw in policymaking in India since 2004 is to ask a rhetorical question: why is the ruling United Progressive Alliance aggressively pushing for a law guaranteeing the right to food rather than one for the right to clean drinking water? Take a look at the numbers. A February...
More »Food security: How the states feed India
-The Indian Express Trendsetters & tweakers Act one Chhattisgarh already has a food security law in place. It became last December the first state to pass a food security bill, which covers several sections not under existing schemes. The Act makes food entitlement a right and depriving anyone of that an offence. If PDS grains, for instance, are being diverted, the officials involved will face penal provisions. The Act also seeks to empower women...
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