-IdeasforIndia.com The Centre has sought an additional Rs. 25,000 crore as funding for MNREGA (Mahatma Gandhi National Rural Employment Guarantee Act). Based on simple calculations using official data, Ashwini Kulkarni contends that the actual fund requirement is in fact much higher. As the pandemic continues to adversely impact rural livelihoods, the government should allocate sufficient funds to MNREGA, in order to honour the work-on-demand guarantee. For over a month, national and local...
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Kerala and Tamil Nadu bucked the trend of falling Total Fertility Rate, indicates the latest NFHS data
After the release of the second phase data of the National Family Health Survey Fifth Round (NFHS-5), media commentators and experts have written that the Total Fertility Rate (TFR) for India has gone down just below the replacement-level fertility. The TFR for the entire nation was 2.2 in 2015-16, which decreased to 2.0 in 2019-21. According to the United Nations, the replacement-level fertility is reached when the TFR of a...
More »Economists question Reserve Bank of India’s inflation claims -
-The Telegraph The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22 Economists have questioned the RBI’s projection that inflation will glide down to 4 per cent levels by the end of the next fiscal. They said the upward pressure on prices is likely to persist at least in the near-term on higher input costs amid supply chain bottlenecks. The RBI on Wednesday surprised...
More »India among top countries in inequality; 10% hold 57% income: Report
-Livemint.com The Average national income of the Indian adult population is ₹204,200. While the bottom 50% earns ₹53,610, the top 10% earns more than 20 times ( ₹1,166,520) India has emerged as the most unequal country with the top 1% of the population holding more than one-fifth of the total national income in 2021, according to World Inequality Report 2022. The report added that that the Average national income of the Indian adult...
More »India Among Top Nations In Inequality, 1% Hold 22% Income: Report
-PTI/ NDTV According to the report, World Inequality Report 2022, Average household wealth in India stands at ₹ 9,83,010. New Delhi: India stands out as a "poor and very unequal" country, with the top 1 per cent of the population holding more than one-fifth of the total national income in 2021 and the bottom half just 13 per cent, according to a report. The report, titled "World Inequality Report 2022", has been authored...
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