In a Bangladeshi folk story, a disabled grandfather is carried by his son in a basket, to be abandoned in the forest. On seeing this, the grandson calls out, 'Father, please be sure to bring back the basket. I will need it when you grow old'. Three thousand ageing men and women gathered in Delhi in the blazing midsummer heat to demand a universal pension for all aged people, not...
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60% population always below average consumption level
-The Business Standard The average per capita expenditure of Indians cited in the preface to the consumption expenditure report of the National Sample Survey Organisation (NSSO) has added some new numbers to the poverty debate, prompting economists to warn against straightaway inferring poverty from the dreary figures. While the report itself was released last year, its preface by NSSO director-general J Dash is now reeling out new numbers which are keeping the...
More »60% of rural India lives on less than Rs 35 a day
-PTI About 60 per cent of India's rural population lives on less than Rs 35 a day and nearly as many in cities live on Rs 66 a day, reveals a government survey on income and expenditure. "In terms of average per capita daily expenditure, it comes out to be about Rs 35 in rural and Rs 66 in urban India. About 60 per cent of the population live with these expenditures...
More »Brace for price rise, kharif MSP may be raised up to 30%-Rituraj Tiwari
Consumers may have to pay substantially more for pulses, oilseed, and rice in the coming months if the government accepts the recommendations of an expert panel to increase farm-gate price of these commodities by up to 30%, further stoking food inflation. The Commission on Agricultural Costs and Prices (CACP), under the ministry of agriculture, has recommended a 25% rise in the floor price of cotton, 16% rise in paddy, 30% rise...
More »Milk to be dearer by Rs 2 per litre in Delhi, NCR from today
-PTI Milk prices in the national capital and adjoining areas will rise by up to Rs 2 per litre from Monday with two leading suppliers hiking rates, but largest seller Mother Dairy is not increasing rates just yet. Amul and Quality Dairy will increase milk prices from Monday. Mother Dairy and Paras are the other two major milk suppliers in the national capital and its adjoining areas which consume over 115 lakh...
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