-The Hindu India's achievements in education were mixed, says the Congress MP. Chennai: The economic reforms that started in 1991 have helped cut poverty significantly even as inequality has widened appreciably, said Jairam Ramesh, Member of Parliament, and author of a book To the Brink and Back: India’s 1991 Story. “Poverty has declined significantly since 1991 while inequality has gone up during the same period. Inequality has become sharper; it has become worse....
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Every 4th person categorised as ‘beggar’ in India is Muslim -Zeeshan Shaikh
-The Indian Express Share of Muslims in official 3.7 lakh ‘beggar’ population is disproportionately larger than the community’s share in country’s population, show Census data. Mumbai: Muslims make up 14.23% of India’s population. They are, however, nearly 25% of the 3.7 lakh individuals who have been listed as beggars by the Government of India. Activists claim that the data — released last month — on the religious orientation of those deemed ‘non workers’...
More »India relies mainly on buses for transportation, but they are being marginalised -T Ramachandran
-The Hindu Though most in both urban and rural areas primarily rely on buses for travel, other kinds of vehicles, like two-wheelers and cars, dominate. Buses (and trams) account for the bulk of the spending on travel in India, a sample survey conducted by the National Sample Survey Organization (NSSO) has revealed; yet buses constitute only a small fraction of the total number of vehicles on the roads. Though most people in...
More »How Well Does India Understand Inflation? -Deepanshu Mohan
-TheWire.in Policy makers should conduct deeper analysis on the many subtle factors that shape inflation and its effects on the Indian economy. In 1923 when Rudolf von Havenstein, the president of the German Reichsbank (later known as the Deutsche Bundesbank), recklessly initiated a money printing drive in response to the German government’s demand to spend more money, Germany was inevitably embroiled in a bout of hyperinflation and its worst crisis of the...
More »New entrants in India's middle class: Drivers, carpenters, pani puri vendors -Hemali Chhapia
-The Times of India MUMBAI: India's middle class has seen new entrants. Pani puri vendors, dosa sellers, carpenters, welders, launderers, drivers and cable TV technicians have all pulled themselves out of the clutches of poverty and leapt into a section of the middle class — the bedrock of the economy. A paper titled 'The Rise of the New Middle Class and the Role of Offshoring of Services', co-authored by the head of...
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