One lives to learn — or unlearn. The working head of what passes for this country’s Planning Commission is unambiguous about it. One important measure to fight inflation, he believes, is to raise prices. That is to say, to stop prices from rising, you must first raise prices. The gentleman has heartily endorsed the recent serial increases in the prices of petroleum products since such increases will, in his view,...
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Bihar's per capita expenditure lowest in country
-TimesWireService.Com Patna/ New Delhi: Bihar Continues To Be At The Bottom Of The Ladder So Far Monthly Per Capita Expenditure (mpce) Is Concerned. Punjab, Kerala And Maharashtra Continue To Top The List. According To The 66th Round Of The Household Consumption Expenditure Survey Released By The National Sample Survey Office (nsso) On Friday, Rural Bihar With Just Rs 780 Has The Lowest Monthly Per Capita Expenditure (mpce) In The Country To...
More »Spending pattern points to India's rich-poor divide by Indivjal Dhasmana
The gap in consumption spending between poor and rich is more in urban areas than rural. Apart from much inequality in consumption between urban and rural areas. Consumption per capita was 5.6 times less in a month for the bottom ten per cent of the population than the top 10 per cent in rural areas during 2009-10. The disparity increases to 9.8 times between the two classes in urban parts, according...
More »Income gap rises in India: NSSO by Asit Ranjan Mishra
Despite the much-hyped rural consumption boom and all the social sector programmes of the government, the income inequality between the rural and urban consumer widened to 91% in the first five years of the United Progressive Alliance coming to power in 2004. According to the 66th round of the household consumption expenditure survey released by the National Sample Survey Office (NSSO) on Friday, the per capita expenditure level of the urban...
More »Consumption expenditure still tilted towards food
-The Business Standard Indian economy has been on a sustained growth path, but Indians are still spending a major chunk of their expenditure on food items. Per Capita Consumption Expenditure in a month was 88 per cent more in case of urban India compared to rural India during 2009-10, a trend which was more or less five years ago, according to the latest figures on consumption expenditure. Per capita expenditure on consumption for...
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