-The Business Standard Inflationary figures could also desist RBI from easing its monetary stance to perk up economic growth The retail price index-based inflation jumped to an all-time high of 11.24%, driven by high vegetable prices, official data showed today. The inflation stood at 10.09% in October, entering double digits for the first time in six months. The surging prices of essential commodities were an important issue in the...
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India has highest inflation rate in Asia
-The Times of India NEW DELHI: The Indian economy, Asia's third-largest, faces a difficult situation where growth has slowed to a decade low but price pressures have remained stubborn. It has one of the highest inflation rates in the world, and the highest in Asia. Weak growth and high inflation also complicated the policy choice for the central bank. Separate data released by the Central Statistics Office showed industrial output slumped 1.8%...
More »Odisha Govt Provides Financial Help to Women SHGs
-Outlook Baripada (Odisha): Odisha Chief Minister Naveen Patnaik today launched a scheme for providing financial assistance to women self-help-groups (SHG) here. One lakh SHGs have been identified to be covered under the scheme in Odisha of which Mayurbhanj district accounted for 8000. Each SHG would be provided a financial assistance of Rs 10,000 with an expenditure Rs 100 crore from the exchequer, the Chief Minister said. Stating that SHGs comprising SC, ST, BPL...
More »A case for universal pension -Jayati Ghosh
-Frontline In a situation of increasing life expectancy and crumbling traditional support structures, a universal social pension scheme that does not rely on contribution by a person or an employer can help the elderly. INDIA prides itself on being a "young" society, likely to benefit from a demographic dividend as children and young people move into working age groups over the next decade. This optimistic view assumes that society will be able...
More »Fewer homeless people
-The Business Standard But urban homelessness has increased As part of the 2011 census operations the government took a count of homeless people across the country on the night of February 28, 2011. The numbers of India's homeless population emerging from that survey were made public a few days ago. Although a single-day exercise has many advantages, some people have also contested it - at least one non-governmental organisation working in the...
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