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Poverty ratio declines to 21.9 per cent

-Press Information Bureau/ Ministry of Finance   The Economic Survey 2013-14 presented by the Finance Minister Shri Arun Jaitely has asked policy makers to design and execute development strategies targeting the young population that was approximately 58 per cent in 2001 and will increase to more than 64 per cent in 2021. The Government has to take timely action to make people healthy, educated and adequately skilled. Social-sector expenditure Expenditure on social services...

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MDG Report 2014: India among worst performers in poverty reduction, maternal death and sanitation -Moushumi Sharma

-Down to Earth Report shows good progress in areas like poverty alleviation and access to clean water and controlling diseases like TB, Malaria The United Nations (UN) released this week the Millennium Development Goals (MDG) Report, 2014. The report, launched by UN secretary-general Ban Ki-moon, says that many of the development goals have been met or are within reach by 2015. The report is the latest finding to assess the regional progress towards...

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Record Production of Foodgrains & Oilseeds in 2013-14

-Press Information Bureau/ Ministry of Finance The agriculture sector will see a record production of foodgrains and oilseeds in the year 2013-14, according to the Economic Survey for 2013-14, released in New Delhi today. As per the third Advance Estimates, the production of foodgrains is likely to touch a record output of 264.4 million tones (mt) in 2013-14 showing an increase of 2.88% over the previous year. Similarly, oilseeds are likely...

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Milk production touches a record high of 132.43 mt in 2012-13

-Press Information Bureau/ Ministry of Finance India recorded a peak production of milk at 132.43 mt in the year 2012-13 according to the Economic Survey for 2013-14, released in New Delhi today. India ranks first in global milk production and accounts for 17 per cent of world production. Milk production has become an important secondary source of income for 70 million rural households engaged in dairying and for 70 per cent...

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C Rangarajan, Former chairman-PM's Economic Advisory Council speaks to Indivjal Dhasmana

-The Business Standard C Rangarajan, former head of the former Prime Minister's Economic Advisory Council, answers questions on the latest official poverty estimate by a committee he'd chaired. Edited excerpts of a talk with Indivjal Dhasmana: * Your panel has suggested these poverty lines be delinked from social welfare schemes. What would be the exercise's relevance? Is it of only academic interest? Poverty ratios have already been delinked from various social programmes. The...

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