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...

-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...

-IANS   Bihar's literacy rate may be the lowest in the country at 63.8 percent, but it could achieve total literacy in about two decades like the rest of India, predicts a new report. During the past decade, the literacy rate in Bihar has increased by 17 percent, much faster compared to nine percent for the entire country, the report points out. "If Bihar is able to maintain its present momentum in educational...

-The Economic Times   A group of ministers formed to approve the draft mining Bill, has agreed to earmark 100% of the royalty paid by major mineral mining companies , to compensate people displaced by such projects. The panel, chaired by finance minister Pranab Mukherjee , which met on Thursday , also agreed to earmark 26% of the profit made by coal mining companies, in favour of people directly affected ,...

-IBN   According to the findings of a CNN IBN-Hindustan Times Opinion poll, the public prefers Anna Hazare over the government to tackle corruption. Anna Hazare and his team have campaigned relentlessly for the offices of the Prime Minister and the judiciary to be brought under the purview of the Lokpal Bill. Now, a poll conducted by CNN IBN in partnership with Hindustan Times shows that Anna Hazare inspires greater trust among Indians on...