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Govt data on inequality misleading

-The Times of India NEW DELHI: Inequality in South Asia is much more glaring than what government data shows because standard yardsticks of measuring income don't reveal the true picture, says a World Bank report 'Addressing Inequality in South Asia', released on Tuesday. For instance, the Gini coefficient - the standard measure to gauge income inequality - ranges from 0.28 to 0.40 in this region, suggesting a level of inequality much lower...

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Global unemployment to rise to 212 million, says ILO -Katie Allen

-The Guardian International Labour Organization warns of mounting social unrest amid income inequality and high youth unemployment The global jobs market will continue to deteriorate in the coming years,, while rising income inequality and high youth unemployment will stoke more social unrest, a new report warns today. The International Labour Organization (ILO) says a slowdown in economic growth means more jobs will be lost this year with young people again bearing the brunt...

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Union Budget likely to provide big thrust to ‘Make In India’ -Sidhartha & Surojit Gupta

-The Times of India NEW DELHI: The BJP government's 'Make in India' initiative could get top billing in the 2015-16 Union Budget with tax breaks and other measures for several sectors. Make in India is the centerpiece of the Narendra Modi administration's bid to revive manufacturing activities and create millions of jobs. With the Chinese economy slowing, India senses an opportunity in the industrial sector. A blueprint for the 25 identified sectors was...

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Households expect inflation to remain at current level: RBI survey -Vishwanath Nair

-Livemint.com   This is a shift from the September 2014 survey where many respondents had expected inflation to rise over the next one year   Mumbai: According to recent surveys conducted by the Reserve Bank of India (RBI), fewer households in India expect higher inflation in the year ahead, even though expectations regarding future economic conditions, income and spending showed a decline. In the 38th round of The Inflation Expectations Survey of Households December...

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Into the abyss? -Jitendra

-Down to Earth The situation of India's farmers has only become grimmer in the past decade, according to the latest National Sample Survey Office report The lot of the embattled Indian farmer only keeps on getting worse with the passage of time. In the last 10 years, the voluminous debt of Indian agricultural households has increased almost four-fold whereas their undersized monthly income from cultivation has increased three-fold. Even the number of...

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