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...
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Naxal fight takes development route
-The Times of India Maoist-affected districts across the country might have seen years of neglect by successive governments, but a new Central scheme - Integrated Action Plan (IAP) - under the UPA-II is fast filling up the 'critical gap' in those 'deficit zones' through taking up a number of development projects. As many as 67,072 basic infrastructure projects across 60 districts in nine states have been taken up at Rs 2,740...
More »Zeroing Ground by Madhavi Tata
Plans for a nuclear plant generate protests Fear factor... * Protests have rocked Srikakulam district, where NPCIL plans a 9,000 MW nuclear plant * The plant will displace people from 12 nearby villages * The project is estimated to cost Rs 1.2 lakh-crore * NPCIL promises a “liberal” resettlement package. Activists counter the proposed plant is a Fukushima-like environment risk. *** Earlier this year, sustained protests brought nationwide attention to the 2,640...
More »World Population to Hit Seven Billion by October by Thalif Deen
The United Nations commemorates World Population Day next week against the backdrop of an upcoming landmark event: global population hitting the seven billion mark by late October this year. According to current projections, and with some of the world's poorest nations doubling their populations in the next decade, the second milestone will be in 2025: an eight billion population over the next 14 years. Dr. Babatunde Osotimehin, executive director of the U.N....
More »Consumption expenditure still tilted towards food
-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...
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