-The Business Standard Peg decline at 7.8 percentage points between 2009-10 and 2011-12 The poverty rate has declined by 7.8 percentage points in two years, according to the latest estimates by the Planning Commission. If 29.8 per cent of the population was poor in 2009-10, the figure came down to 22 per cent in 2011-12. The estimates are based on the recently-released report by the National Sample Survey Office (NSSO) for 2011-12. This...
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Oil subsidy expected to balloon-Shine Jacob
-The Business Standard Under-recovery estimated to touch Rs 1.5 lakh cr in FY14 due to rising crude oil prices & falling rupee The fall in the rupee to a new low this week has made the government jittery, as the under-recovery on petroleum products is threatening to touch Rs 150,000 crore in 2013-14, despite phased diesel decontrol and capping of subsidised cooking gas cylinders. According to the petroleum ministry's estimates, for every rupee...
More »Food bill not to hurt coffers
-The Telegraph Mumbai: The immediate fiscal impact of the food security programme is going to be manageable. Since implementation of the scheme across India will take time, the cost burden for the programme in fiscal year 2013-14, in addition to the budgeted food subsidy of Rs 90,000 crore, has been estimated by Edelweiss Research at Rs 10,000 crore. This is roughly 0.1 per cent of the gross domestic product (GDP). But once the...
More »'19% affluent teens in UP are obese' -Shailvee Sharda
-The Times of India LUCKNOW: In a state infamous for malnutrition, one out of five teens going to private schools is either overweight or obese. This has been revealed in a study conducted by National Diabetes, Obesity and Cholesterol Foundation (N-DOC). The study covered more than 49,000 school children in eight cities, including 23,006 children in Lucknow, Agra and Allahabad. The other cities were New Delhi, Jaipur, Mumbai, Dehradun and Pantnagar. The...
More »More than cereals
-The Business Standard UN report shows holes in govt's food security proposal The United Nations' Food and Agriculture Organisation (FAO) has worked out the cost of malnutrition to the world economy: about five per cent of its annual gross domestic product, or $3.5 trillion, in terms of foregone production and health expenditure. Even more important is the FAO's assessment of potential gains from investment in enhancing the nutritional standards of the population....
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