-The Times of India That Indian Railway Catering and Tourism Corporation (IRCTC)'s e-ticketing facility has not kept pace with the rise in demand is evident from the large number of failed transactions. Approximately 35 lakh transactions in June 2012 and almost 37 lakh attempts in May 2012 could not materialize due to the huge rush to book railway tickets online. To top it, there are several cases where a ticket is...

-The Indian Express New NSS data affirms that GDP growth remains the best way to tackle poverty Amid the pervasive economic gloom, provisional data from the 68th round of the National Sample Survey Office’s just-concluded household consumer expenditure survey offers a sliver of good news. According to it, average inflation-adjusted expenditure for July 2011-June 2012 rose by about 4.5 per cent in two years, with the poorest 10 per cent of the...

-The Economic Times The rural development ministry is preparing for a big push to its flagship employment generation programme as drought has depressed demand for farm labour. The ministry has written to state governments asking them to identify development projects under the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) to ensure there's enough work available for those in need.  "We expect demand for work and wages to go up in the coming...

-The Economic Times The government is planning to launch a probe into the alleged fudging of television viewership data by TAM Media Research after several complaints from broadcasters. A top official in the Union information and broadcasting ministry, who did not want to be identified, said the government has received a lot of complaints from TAM in the past. "A lot of people have been raising concerns because of which we are...

-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...