-Reuters Monsoon rains will not be enough to save the country from its first drought in three years, the weather office said on Thursday as it forecast that the El Nino weather pattern should reduce rains again in the second half of the June to September season. India, one of the world's largest food producers and consumers with a population of 1.2 billion, last suffered a drought in 2009, which forced it...
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Disparity in income getting sharper, NSSO data shows-Asit Ranjan Mishra
-Live Mint In urban India, the ratio of the top and bottom 10% of the economic group increased to 10.9% from 10.1% Economic growth is increasing the income and consumption levels of the average Indian faster than before, but income disparity is getting sharper, especially in the country’s villages, which may require a greater effort aimed at creating jobs in the non-farm sector in rural areas. The increase in inequality is evident from...
More »NSS data shows improvement in living standard of the poorest-Surabhi
-The Indian Express The National Sample Survey has found a 17 per cent improvement in expenditure patterns of the poorest decile of India’s urban population in two years till 2011-12. “The poorest 10 per cent of India’s rural population had an average monthly per capita expenditure (MPCE) of Rs 503.49 per month,” the survey found. In the last round of the NSS for 2009-10, the poorest 10 per cent of the rural...
More »Rural expenditure up by 33 per cent: NSSO-Richard Mahapatra
-Down to Earth Around 83 million rural people still live on less than Rs 20 a day In just two years, rural India's household expenditure has increased by more than 30 per cent, according to the latest household consumer expenditure survey by the National Sample Survey Office (NSSO). Household consumer expenditure is being used as a proxy to decide the income of households. The results, declared on July 31, suggest a big...
More »rural income on rise: study-Asit Ranjan Mishra
-Live Mint The latest numbers may lead to a significant decline in the poverty level India’s rural income grew at a much faster clip between 2010 and 2012 than in the previous years, according to the provisional results of the 68th round of the consumption expenditure survey carried out by the National Sample Survey Office (NSSO). The latest numbers may lead to a significant decline in the poverty level once the Planning Commission...
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