-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...
More »Government rolls out package to deal with poor monsoon
-The Economic Times The government has stopped short of declaring a drought but rolled out a relief package which includes subsidised diesel for irrigation, funds to ensure drinking water, seed subsidy for resowing crops and augmentation of fodder supply. "The number of rain-deficient districts this year is more than in 2009," said agriculture minister Sharad Pawar after chairing a meeting of the Empowered Group of Ministers (EGoM) on drought. The meteorological department...
More »RBI warns of more inflationary pressures from poor rains, MSPs
-PTI Indicating that its nearly three- year-old battle with inflation is not yet over and a loose monetary policy is still far off, the Reserve Bank today said the near-term inflation trajectory still remains sticky on the back of weak monsoon, higher support price for farm crops and the falling rupee. Headline inflation persisted above 7 per cent during the first quarter of the fiscal due to a rebound in food rates...
More »Old diet, new recipe-Sebastian PT
-Business Today "I want it back," says Sharada Begum. The 67-year-old woman is a member of one of the 100 households of Raghubir Nagar, a resettlement colony in west Delhi, chosen to participate in a pilot scheme that aimed to turn the public distribution system (PDS) on its head. Through all of 2011, these households had Rs 1,000 transferred every month to a woman member's bank account in lieu of rice, wheat,...
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