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NSS data shows improvement in living standard of the poorest-Surabhi

-The Indian Express The National Sample Survey has found a 17 per cent improvement in expenditure patterns of the poorest decile of India’s urban population in two years till 2011-12. “The poorest 10 per cent of India’s rural population had an average monthly per capita expenditure (MPCE) of Rs 503.49 per month,” the survey found. In the last round of the NSS for 2009-10, the poorest 10 per cent of the rural...

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Poverty plunged under UPA rule, claims govt study-Chetan Chauhan

-The Hindustan Times The UPA government’s economic policies have resulted in record reduction of poverty over the last two years, with the individual’s monthly expenditure rising by around 18% per annum, the highest since 1987, government data released a week before the Parliament’s monsoon session claimed. The government’s National Sample Survey Organisation released the provisional data of the Household Consumer Expenditure Survey for 2011-12 on Wednesday. The study is the most crucial...

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'10% of Rural India Lives on Less Than Rs 17 a Day'

-PTI Two decades of economic reforms and drum beating about inclusive growth seem to have failed to change the face of rural India as 10 per cent of the population live on less than Rs 17 a day. According to a government survey released for 2011-12 on household consumer expenditure, "The poorest 10 per cent of India's rural population had an average monthly per capita expenditure (MPCE) of Rs 503.49 per month." Their...

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Higher your education, harder it is getting a job-Rukmini Shrinivasan

-The Times of India India's official unemployment rate last year was 3.8%, data released recently by the Labour Bureau shows, but, as always, averages hide many stories. A closer look at the numbers shows that unemployment rises with education level to 10% among graduates, and higher still for backward castes. The Chandigarh-based Labour Bureau under the union ministry of labour and employment released the 'Employment and Unemployment Survey 2012' last week. The...

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Unemployment lowest in Gujarat, highest in Goa-Rukmini Shrinivasan

-The Times of India India's official unemployment rate was 3.8% for the last year and higher for urban than rural areas according to statistics released by the Labour Bureau on Tuesday. Goa, Kerala Bihar and West Bengal were among the states with high unemployment while Gujarat, Chhattisgarh, Rajasthan and Punjab were among the states with low unemployment. The 'Second Annual Employment and Unemployment Survey 2011-12', conducted by the Union Ministry of Labour...

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