Popular perception of the state of economy, as recorded by the CNN-IBN-CNBC-TV18 State of the Nation Poll in association with Forbes India conducted by the CSDS, confront the "aam admi" government with many reasons to worry. Unlike corruption, the message is not loud here. Years of survey research have demonstrated that Indians tend to be positive and optimistic when it comes to their economic conditions. One needs to look at...
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Extension Of Woes by Lola Nayar
The Noida-Greater Noida imbroglio will be instructive for the draft land acquisition bill In The Works... * Government to acquire land, “public purpose” to be redefined * Land acquisition only after getting written consent of 80 per cent of landowners * Monitoring authority to be set up at the Centre and states to ensure compliance * Payment component split into part-cash-down and remaining in annuity for 33 years * Post...
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 »City’s poor dwellers are no richer than village counterparts -ENS Economic Bureau
There’s not much difference between the spending patterns of the urban and rural poor but the city-village divide becomes much wider amongst the rich in each class. These are some of the key findings of the National Sample Survey Organisation’s (NSSO) 66th round of survey on household consumption expenditure. The survey, which was carried out between July, 2009 and June, 2010 has revealed that the poorest 10 per cent of India’s...
More »She earned Rs 9 a day and educated herself by Abhishek Mande
After she failed in her grade ten examinations, Aarti Naik would've ended up being a domestic help like most of her classmates but chose to fight the situation she was in. Today she teaches schoolgirls from her neighbourhood for free lest they fail in their examinations and in life. Sometime in June 2003, when she received her State Secondary Certificate (SSC) examination mark sheet, Aarti Naik was crestfallen. She had failed...
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