-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...

-The Business Standard Consumers say they cannot buy branded FMCG items in mobile phones, customers opt for low-end handsets while retaining brand loyalty Last year, Ashok Das, a farmer-cum-fisherman from the small industrial town of Rishra in the Hooghly district of West Bengal, had promised his younger son a branded television. But last year’s bad crop output and this season’s deficient monsoon made him change his plans and finally settle on a...

-The United Nations A United Nations top official today called on academics to get involved in essential research to help reduce rural poverty and assist small-scale farmers as part of the global fight against hunger. “One of the great challenges we have today is to use academic knowledge to understand and improve the life of rural populations throughout the world,” said the Director-General of the Food and Agriculture Organization (FAO), José Graziano...

-Live Mint The much-awaited land acquisition Bill seems to be in jeopardy with the Congress-led United Progressive Alliance (UPA) government rejecting a parliamentary standing committee’s suggestion the government should not acquire land for public-private-partnership (PPP) projects. But it has accepted that land procured for special economic zones (SEZs) and some defence projects cannot be exempted from the purview of a land acquisition Bill and promised to amend other laws pertaining to purchase...

-PTI The Empowered Group of Ministers (EGoM) on drought will meet on Tuesday to review the monsoon situation, with the sowing of kharif crops, particularly coarse cereals, affected by a deficiency in rains. “I have planned EGoM on drought on coming Tuesday,” Agriculture Minister Sharad Pawar, who was recently made head of the EGoM on drought, told reporters. The EGoM is authorised to review the situation and take ”quick and timely decisions” on...