-The Times of India NEW DELHI: Southern states have emerged on top on financial inclusion parameters, while the East and some of the developed states of the West - including Gujarat and Maharashtra - are below the national average. A new index on financial inclusion released by ratings and analytics firm Crisil on Tuesday showed that Puducherry topped the list, followed by Chandigarh and Kerala. In fact, most of the top slots...
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Poverty levels decline significantly between 2009-12; less than 25% poor: NSSO Survey -Dilasha Seth
-The Economic Times NEW DELHI: Poverty level in the country may have declined significantly between 2009-10 and 2011-12, the latest government survey on household consumer expenditure indicates, giving something to the beleaguered UPA government to hard sell ahead of elections next year. Back of the envelope calculations by ET suggest that poverty levels have fallen to less than 25% of population because of a sharp rise in rural incomes and decent performance...
More »UN warns India against disaster risks in major PPP projects -Pradeep Thakur
-The Times of India NEW DELHI: A United Nations (UN) report has warned India that it is at greater risk by opting for public private partnership (PPP) mode of investment for raising its public infrastructure where the government has less control over its executing private partners and the latter has little interest in long term safety of the projects. A UN study, the Global Assessment Report (GAR) on disaster risk reduction, released...
More »Working class of India, untie from nanny state
-The Economic Times Over the last decade the UPA government has tried to reduce poverty by legislating a regime of rights accompanied by the national rural employment guarantee (NREG) programme -spending Rs 1,70,000 crore on this strategy. This strategy would have been fine if the transformation of India from a strong currency, high growth and low inflation economy to aweak currency, low growth and high inflation economy had been accompanied by a...
More »New farm-fresh veggie outlets in Chennai's suburbs sell out on day 1 -K Manikandan
-The Hindu The outlets in the city's immediate southern suburbs and one in Porur boast of a huge price difference of locally-available vegetables compared to those in other markets Chennai: Residents cutting across the social and economic spectrum flocked to the farm-fresh consumer outlets in the city's suburbs on Thursday, soon after their inauguration earlier in the day. Chief Minister Jayalalithaa launched 31 ‘Pannai Pasumai Nugarvor Kootturavu Kadai' through video-conferencing from the Secretariat....
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