-The Indian Express For several decades now, the Indian government and a variety of donor agencies have promoted and implemented "livelihoods projects". These projects depend upon women's self-help groups, or SHGs, to raise living standards - particularly of the 25 crore rural poor. In 2011, the Indian government launched the Rs 38,000 crore National Rural Livelihoods Mission (NRLM), also known as Ajeevika (reportedly now being merged with the Mahatma Gandhi National...
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Inflation eroding savings of Indians living in metros: Survey
-PTI Soaring inflation, high fuel cost, rising cost of education and health insurance premiums have eroded the real incomes of middle-class Indian families, with household savings rates dropping by a staggering 40 per cent in the last three years, says an Assocham survey. "Poor households are unable to maintain the consumption levels at current prices while middle income families find their purchasing power erode fast, thus having far less surplus money," Assocham...
More »Veggie prices push inflation to 10.09%
-The Hindustan Times Prices of almost all everyday products and services - from food to footwear and movie tickets to medicines - saw a sharp rise in October, pushing retail inflation to 10.09%, the highest in seven months. Costlier onions and tomatoes saw retail inflation - a measure of prices that are asked of you at a shop - cross the double-digit mark for the first time in seven months, indicating Indians...
More »No policy paralysis: govt plans report card on economy to silence critics -Gaurav Choudhury
-The Hindustan Times New Delhi: With general elections due next year, the UPA has drawn up plans to project itself as a business-friendly regime, as investors are side-stepping India following criticism that the government has been unable to push through enough reforms to revive a stalling economy. A white paper on economic reforms, under preparation, lists out moves such as allowing FDI in multi-brand retail. Last week, global ratings agency Standard & Poor's...
More »Digitization seen reducing food theft in India’s PDS system- Kartikay Mehrotra
-Live Mint In the past year, ration cards are being replaced with smartcards that can track food doled out through the PDS system New Delhi: Mohanlal Kapoor, a street vendor in north India, holds a card entitling him to subsidized food for his wife and four children. To get supplies, the Kapoors must battle an estimated 15 million families in their state toting similar pieces of paper that they're not entitled...
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