-Livemint.com According to Credit Suisse, India’s wealth increased by $2.284 trillion between 2000 and 2015. Of this rise, the richest 1% has hogged 61% The richest 1% of Indians own 53% of the country’s wealth, according to the latest data on global wealth from Credit Suisse. The richest 5% own 68.6% of the country’s wealth, while the top 10% have 76.3%. At the other end of the pyramid, the poorer half...
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How Bihar has fared under Nitish Kumar -Manas Chakravarty
-Livemint.com Bihar’s development record under the Nitish Kumar government has been commendable Elections are decided by many factors. But the Bihar elections are being portrayed as a choice between voting for development or caste. We take a look at Bihar’s development record under Nitish Kumar. Chart 1: It has often been said that Bihar’s gross domestic product (GDP) growth is high in percentage terms because of its low base. It’s better, therefore,...
More »In non-metro cities, 60% houses empty waste into open drains -Dipak K Dash
-The Times of India NEW DELHI: Over 60% of houses in mid-size cities such as Moradabad, Gorakhpur, Kolhapur, Bilaspur and Kharagpur with less than one million population discharge waste water to the open drains, indicating how the government has a mammoth task in achieving complete sanitation even in urban areas. Nearly one-fourth of 416 such non-metropolitan cities have less than 20% households that have waste water outlets connected to the closed drainage...
More »Indian NGO criticises U.S. climate action plans -Vidya Venkat
-The Hindu In the run-up to the U.N. climate summit in Paris in December, Indian environmental NGO, Centre for Science and Environment (CSE), released a report which came down heavily on the U.S. — the second largest emitter of CO2 globally — for not doing enough about climate change, while preaching to other countries, including India, to “act.” In its report ‘Captain America U.S. climate goals: a reckoning,’ the CSE concluded that...
More »Food prices to remain lower for longer, says FAO report -Deepanwita Niyogi
-Down to Earth Reasons behind the trend include high inventory levels, lower oil prices and renewed strength of the US dollar The Food Outlook report released on Thursday states that agricultural commodities are going through a period of lower prices and less volatility. After dramatic price rise from 2007 till early 2011, cereal and vegetable oil prices are now steady as well as on the decline, the biannual publication of the Food...
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