A group of ministers has approved a draft food bill, considered the successor to the blockbuster rural jobs scheme, after incorporating most suggestions made by a panel headed by Sonia Gandhi, a minister said today. The bill, which will give the poor the right to subsidised foodgrain entitlements, has accepted “most” suggestions of the National Advisory Council (NAC) and deviations, if any, are “minor”, said K.V. Thomas, the minister of state...
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Spending pattern points to India's rich-poor divide by Indivjal Dhasmana
The gap in consumption spending between poor and rich is more in urban areas than rural. Apart from much inequality in consumption between urban and rural areas. Consumption per capita was 5.6 times less in a month for the bottom ten per cent of the population than the top 10 per cent in rural areas during 2009-10. The disparity increases to 9.8 times between the two classes in urban parts, according...
More »India’s soil crisis: Land is weakening and withering by M Rajshekhar
In his fields, Badhia Naval Singh , a farmer tilling 8 bighas of land in the Bagli tehsil in Madhya Pradesh, has been seeing something strange for a while now. Earlier, if he pulled out a tuft of grass, he would see earthworms . "Ab woh dikhna bandh ho gaye hain (they don't show up any longer)," says the 45-yearold . Also, he says, when he ploughed earlier, the soil...
More »Rural India spending more on FMCG and services: NSSO
-The Economic Times Rural Indian households are spending more on consumer goods like durables, beverages and services than five years ago, shows the latest expenditure data that debunks the notion that rapid growth in recent years did not benefit the hinterlands. The household consumer expenditure survey for 2009-10, released by the National Sample Survey Office ( NSSO )) on Friday, shows rising real spending in rural areas, even though it...
More »City’s poor dwellers are no richer than village counterparts -ENS Economic Bureau
There’s not much difference between the spending patterns of the urban and rural poor but the city-village divide becomes much wider amongst the rich in each class. These are some of the key findings of the National Sample Survey Organisation’s (NSSO) 66th round of survey on household consumption expenditure. The survey, which was carried out between July, 2009 and June, 2010 has revealed that the poorest 10 per cent of India’s...
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