-The Economic Times If there are two statistics that summarise a nation's overall well-being, these are the infant mortality rate (IMR) and the maternal mortality rate (MMR). India has registered remarkable progress on both fronts over the last decade. IMR has declined 28% from 58 in 2004 to 42 in 2012. MMR has come down 36% from 280 in 2005 to 178 in 2012. The decline has been more spectacular in some...
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Gujarat government Rs 4k crore short of tax target -Kapil Dave
-The Times of India GANDHINAGAR: Though the Modi government claims the state is in good financial health, the state exchequer's earnings seem to have fallen drastically. The state's taxmen failed to meet the Rs 45,000 crore target, falling short by a whopping Rs 4,068 crore. This has created a huge deficit and sent into a tailspin the state finance minister's tall claims about a revenue surplus budget. According to the state finance...
More »Grand hopes blossom in urban-rural cusps-Rukmini S
-The Hindu ‘An offshoot of trickle-down urbanisation, census towns like Hatia and Hinjewadi can be engines of change for rural areas' Hatia, Ranchi: At the southern edge of Ranchi city lies Hatia, and not all of its residents are sure if theirs is a village or part of Ranchi city's sprawl into its surrounding rural areas. "It's still a village. The panchayat has the land records," says Santosh Majhi, standing by the side...
More »‘Jobless growth’ no more-Santosh Mehrotra
-The Hindu Since 2004-05, for the first time in the history of India, more workers have left agriculture for productive work in industry and services Higher than normal inflation, high current account deficit, a depreciating rupee and slowing GDP growth might hold true in recent times. However, when it comes to employment, the facts are quite different as between 2009-10 and 2011-12, non-agricultural employment grew rapidly. Between 1999-2000 and 2004-05, National Sample Survey...
More »Real cure for Inflation headache: Fix rural infrastructure, process more food
-The Economic Times Inflation - retail as well as wholesale - has increased in March over relatively benign levels in February. At 5.7%, the growth of inflation based on the wholesale price index ( WPI) was at a three-month high, compared to a ninemonth low of 4.7% seen in February. The Reserve Bank of India (RBI) now sets policy rates by looking at inflation based on the consumer price index (CPI)....
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