-Down to Earth 68th Round of National Sample Survey makes it amply clear that the wave of economic growth has not percolated down from the 0.003 per cent of population of ruling elite (as per Income Tax records, only 42,800 persons have taxable Income more than Rs 1 crore in India). 99.996 per cent population is spending between just Rs 25.90 and Rs 37.36 per capita per day (average MPCE) in...
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Health expense is a major burden on rural citizenry
The share of total expenditure on medical and healthcare is comparatively higher for an average rural citizen than his/her urban counterpart, reveals the latest available National Sample Survey Report (68th Round) entitled Level and Pattern of Consumer Expenditure 2011-12. Although an average urban Indian spends nearly 84 percent higher than his/her rural counterpart in a month, the share of total outlay on medical expense* is higher in case of the...
More »India's right to health-Nitin Desai
-The Business Standard The Congress party's suggested right to health, if implemented, would be a game-changer This is the season for party manifestos with their vague and quite unexciting promises. But in this sea of platitudes, sometimes something stands out that is worth talking about, because, if implemented, it would be a game-changer. For me this is the reported inclusion of the right to health in the Congress party's manifesto. It is well...
More »Food subsidy can fill poverty gap, twice-Puja Mehra
-The Hindu Union Finance Minister P Chidambaram's estimate for India's 2014-15 food subsidy bill of Rs 1,15,000 crore in the interim budget is more than twice of India's Poverty Gap, or the cost of pushing all households above the poverty line if cash transfers were used instead. The Poverty Gap for India, as per the latest NSSO Consumption Expenditure Survey data available (for the year 2011-12) is Rs. 55,744 crore. A...
More »Number of Poor Down to 27 Cr in 2011-12: Govt
-Outlook The number of poor in the country declined to 27 crore in 2011-12, from 40.74 crore in 2004-05, Minister of State for Planning and Parliamentary Affairs Rajeev Shukla said today. "The latest data of large sample survey on household consumer expenditure has been collected by NSSO in its 68th round conducted in 2011-12. "As per the estimates of Planning Commission, the number of persons living below the poverty line in the country...
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