-The Hindu Business Line Higher social sector spending by the government boosts income and consumption, and spurs growth India’s economic growth is now much more closely linked to the state of the rural economy than it ever was. Sustaining a 7.5-per cent growth in GDP would be contingent on higher growth in rural household consumption. Rural expenditure grew 5.7 per cent annually during 2005-15 — against 5 per cent annual growth in the...
More »SEARCH RESULT
Total Matching Records found : 101
Mintu Devi’s magic wand -Priyanka Kotamraju
-The Hindu Business Line As the Right to Information Act completes 10 years, we examine how RTI has changed people’s lives, become a byword for democracy, and helped alter the relationship between citizen and state Mintu Devi’s relationship with the ration shop changed the day she filed an RTI. In the jhuggis of New Seemapuri, situated on the northeastern edge of Delhi, she is a legend. The 37-year-old mother of four is...
More »World Bank poverty estimates are poor, says government -Dilasha Seth
-Business Standard Says the actual poverty is much higher than suggested by the multilateral lender, adding there is lack of scientific basis in computing the poverty line The government has contested the World Bank's recently released data that showed only 12.4 per cent of India's population was poor in 2011-12, considering an expenditure cut-off of $1.9 a person a day on purchasing power parity (PPP) terms. It said the actual poverty was...
More »LPG subsidy transfer: Centre’s savings not more than Rs 143 cr, while it claims Rs 12,700 cr -Udit Misra
-The Indian Express The NDA initially reintroduced DBT for LPG in 54 districts in mid-November 2014, with nationwide roll out to all districts from January 2015. A study by the International Institute for Sustainable Development (IISD) states that the government’s claims of savings due to a shift towards direct benefit transfer (DBT) for LPG (also called PAHAL) are “large overestimates”. IISD has shown that as against the publicly touted figure of...
More »Official Claims of Huge Savings from Direct Benefit Transfer for LPG Don’t Add Up -Damon Vis-Dunbar, Kieran Clarke and Shruti Sharma
-TheWire.in Since April 1, 2015, India’s cooking gas subsidies have been distributed solely by electronic transfer through the Direct Benefit Transfer for Liquefied Petroleum Gas scheme (otherwise known as DBTL or PAHAL). Under this system, which has replaced the direct sale of cooking gas cylinders at subsidised prices, households place an order for LPG with their gas distributor, receive an amount equivalent to the current subsidy amount via electronic transfer to...
More »
