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Rural purchasing power waning on inflation, rising input costs-Heena Khan

But non-farm income keeps economy afloat   New Delhi, April 25: The rural growth story is slowly losing sheen because of inflation and rising input costs. In fact, rural price level is higher than urban price level. The March Consumer Price Index number for rural India stood at 116.3, while that for urban India stood at 114.6. Mr Ajay Sriram, Chairman and Senior Managing Director, DCM Sriram Consolidated Ltd, says the rural growth...

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Finally, a law to govern e-waste by Nandini Thilak

At Old Seelampur, an impoverished neighbourhood in Northeast Delhi, rows of hollowed-out computer monitors line a dingy lane. On another street here, room after room on either side is piled high with dusty keyboards and metallic innards of computers and other electronic goods. Welcome to the wasteland of India’s urban refuse. Here, heaps of electronic waste — or e-waste as it is more commonly referred to — wait to be dismantled...

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One-third of rural job funds spent in March

-The Times of India KOLKATA: It may be the impact of the efforts put in by officials led by panchayat minister Subrata Mukherjee in the past few months, or a matter of outdoing the former Left Front government in terms of figures. But the fact is that the Mamata Banerjee government has spent a whopping Rs 982.86 crore in this March alone under the Mahatma Gandhi National Rural Employment Guarantee Act...

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MNREGA: HP among top-performing states-Rakesh Lohumi

-Tribune News Service Notwithstanding the marginal decline in spendings under the Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) over the past two years, Himachal has the best performance indicators, putting it in the league of top-performing states. The total expenditure under the scheme came down from Rs 556.55 crore in 2009-10 to Rs 516.34 crore in 2010-11 and further fell to Rs 509.43 crore in the last financial year. However, the number...

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Asia's increasing rich-poor divide undermining growth, stability - ADB report

-Daily News Asia's rapid growth is leaving millions behind, causing a widening gap between rich and poor that threatens to undermine the region's stability, according to a new report from the Asian Development Bank (ADB). "Another 240 million people could have been lifted out of poverty over the past 20 years if inequality had remained stable instead of increasing as it has since the 1990s," said ADB's Chief Economist Changyong Rhee. The Asian...

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