-The Economic Times MUMBAI: Scanty rains in cotton-growing regions of Gujarat, Maharashtra and Tamil Nadu have washed away hopes of hybrid seeds growth in the country. The National Seed Association of India (NSAI) is expecting only a single digit growth between 5-7% against its previous estimate of 20% early this year. India's hybrid seed industry, which is pegged at Rs 11,000 crore, grew nearly 15% last year. And cotton seed contributes up...
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For real inclusion, agriculture and not just the economy must grow fast
-The Economic Times The latest consumption figures from the National Sample Survey Organisation show that rural consumption grew 18% in the two years to 2011-12. Poverty fell by roughly 7% in villages and 1% in towns. The town-country gap in incomes narrowed. This is welcome but needs to be qualified. 2009-10 was a Drought year, depressing consumption and thereby exaggerating the improvement registered two years later. Over a longer seven-year period, between 2004-05...
More »The bottom line
-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...
More »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 »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...
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