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Rural India buying less of consumer products due to falling income -Viveat Susan Pinto & Shally Seth Mohile

-Business Standard Falling incomes and longer winter to translate into lower demand for at least some months The new financial year is not much cheer to companies which generate a large chunk of sales in rural India. Their chief executives say slowing economic growth and falling rural wages are leading to a sharp fall in demand, one that will reflect in the next few quarters. A longer winter season has delayed offtake of...

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NITI Aayog VC's remarks against Cong's 'NYAY' violated poll code: EC

-PTI The Election Commission of India on Friday expressed “displeasure” over NITI Aayog Vice-Chairman Rajiv Kumar’s remarks against the Congress’ proposed minimum income scheme ‘NYAY’ and said the comments violated the model code of conduct norms. In a communication sent to Mr. Kumar, the EC asked him to be cautious in future while making statements. The EC asserted that the public servants should not only be impartial in their conduct but also in...

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Rahul Gandhi reveals Rs 15cr worth of assets, Rs 1cr income in FY18 -Rajiv G

-The Times of India THIRUVANANTHAPURAM: AICC president Rahul Gandhi owns assets worth Rs 14.85 crore. This is Rs 4.85 crore more than what he had declared during the 2014 Lok Sabha elections. In 2014 he had declared assets worth Rs 10 crore. In the affidavit filed before the Wayanad district collector on Thursday along with the nomination, Rahul Gandhi has declared that he has movable assets worth Rs 5,80,58,799 and immovable assets...

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42% India's Land Area Under Drought, Worsening Farm Distress In Election Year -Angarika Gogoi

-IndiaSpend.com Bangalore & New Delhi: About 42% of India’s land area is facing drought, with 6% exceptionally dry--four times the spatial extent of drought last year, according to data for the week ending March 26, 2019, from the Drought Early Warning System (DEWS), a real-time drought monitoring platform. Andhra Pradesh, Bihar, Gujarat, Jharkhand, Karnataka, Maharashtra, parts of the North-East, Rajasthan, Tamil Nadu and Telangana are the worst hit. These states are home...

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Criticism of NYAY proposal my personal opinion: NITI VC to Election Commission -Ritika Chopra

-The Indian Express The NITI Aayog VC had dismissed Congress's promise of a minimum income of Rs 6000 to the poorest 20 per cent households saying the party can “say and do anything to win elections”. New Delhi: RESPONDING TO the letter seeking an explanation for his criticism of the proposed Nyunatam Aay Yojana (NYAY), NITI Aayog Vice-Chairman (VC) Rajiv Kumar told the Election Commission (EC) on Tuesday that he spoke...

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