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Indians spend 25% of income on food, 1.5% on health, 1.4% on EMIs

Of Indian households’ total annual income, 0.22 per cent is spent on buying newspapers — that is, if total national household annual income was Rs 100, 22 paise would be set aside for newspapers. Paying off bank loans (expenditure under equated monthly instalments) takes up 1.4 per cent of total household annual income. The share of health expenditure is 1.5 per cent, and that of education expenditure, 3.21 per cent....

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India wins slowdown battle; defeated by rising prices in ’09 by Chandra Shekhar and Rakesh Pathak

India achieved the distinction of being the second fastest growing economy amid the global recession in 2009, but the joy was marred by the decade’s sharpest rise in food prices to the chagrin of common man. For a country that continued to lose on its exports throughout the year that has gone by, economy achieved a remarkable growth of about 7% (during April- September 2009) on the back of focused government...

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The unsettled debate on Indian poverty by R Ramakumar

The Tendulkar Committee has pitched for a policy position that is stranded between the harsh realities of poverty and a fiscally conservative neo-liberal framework.  The debate on the extent of poverty in India has been a matter of global interest in the recent years. The primary reason for the global interest in the debate is that the levels of poverty in India and China have come to exert significant influence...

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The Tendulkar Report: A Small Step Forward by R Ramakumar

Poverty is a multi-dimensional concept. Official statistics in India have always referred, arguably narrowly, to only income poverty (using the proxy measure of consumption expenditure from the NSSO surveys).The Suresh Tendulkar Committee report submitted to the Planning Commission is the latest input to the “Great Indian Poverty Debate”. While the increase in the number of poor households, as suggested by the Tendulkar Committee, may indeed help expand the coverage of...

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RTE still remains on paper by Anita Joshua

The Right of Children to Free and Compulsory Education Act, 2009 (RTE) remains on paper today; four months after it secured presidential assent. This, after the Human Resource Development Ministry flagged its passage by Parliament as one of its achievements in the first 100 days of the second edition of the United Progressive Alliance (UPA) government. Allocation And, from all indications, the RTE — the law to operationalise the Fundamental Right...

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