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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...

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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...

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NSS: Poorest live on Rs 23.40 in cities, Rs 16.78 in villages-Surabhi

-The Indian Express The National Sample Survey has found that the poorest 10 per cent of India’s urban population lives on Rs 23.40 per day while their rural counterparts make do with even less at Rs 16.78. “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...

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India’s Child Development Index ranking drops-Anhad Hundal

-Down to Earth Is placed along with countries like Congo, Equatorial Guinea, Ghana and the People’s Democratic Republic of Lao While the world has made significant progress in child health, education and nutrition in the past decade, India has fared poorly among middle-income countries. It has been given a ranking of 112 in the Child Development Index (CDI) report released by the non-profit Save the Children. This is much lower than the...

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Amartya Sen, Nobel laureate interviewed by Sagarika Ghose

Nobel laureate Amartya Sen believes that Team Anna's reading of corruption or what causes corruption or how it can removed is wrong, and that they need to look at how the economic system operates.   In an exclusive interview with CNN-IBN Deputy Editor Sagarika Ghose, Nobel laureate Amartya Sen said that instead of fasting and protesting, one should try and change the systems that provided incentives for corruption. Below is the transcript of...

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