The low rate of inflation of 3.88 percent in Consumer Food Price Index during September, 2015 actually hides the high prices at which various pulses (dal) are available in kirana / retail shops across India. In terms of Consumer Price Index (combined), monthly rate of inflation in pulses and products during September 2015 (over September last year) stood at 29.76 percent as compared to the overall monthly retail inflation of...
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Govt to come out with quarterly, annual employment surveys -Surabhi
-The Hindu Business Line Will help policymakers, analysts calculate impact of decisions on real-time job market The Ministry of Statistics and Programme Implementation is set to launch quarterly and annual surveys on employment. “We are in the process of getting administrative clearances. The methodology has already been finalised and the surveys should be launched soon,” said TCA Anant, the country’s Chief Statistician. Once this is done, it is expected to bridge a major deficit...
More »Who are the beef eaters in India? -Roshan Kishore & Ishan Anand
-Livemint.com More than 80 million people eat beef/buff in India, including 12.5 million Hindus The lynching of a Muslim man in Uttar Pradesh for allegedly storing and consuming beef a few weeks ago has sparked a heated debate about banning the meat. Predictably, battle lines have also been drawn around religious groups. But data from the latest National Sample Survey Office (NSSO) round shows that around 80 million people—around 1 of every...
More »World Bank poverty estimates are poor, says government -Dilasha Seth
-Business Standard Says the actual poverty is much higher than suggested by the multilateral lender, adding there is lack of scientific basis in computing the poverty line The government has contested the World Bank's recently released data that showed only 12.4 per cent of India's population was poor in 2011-12, considering an expenditure cut-off of $1.9 a person a day on purchasing power parity (PPP) terms. It said the actual poverty was...
More »Gap widening between rural and urban India -Puja Mehra
-The Hindu Rural Indians do not seem to have benefitted as much from falling inflation as their urban counterparts. While inflation has been slowing both in rural and urban areas of the country, there is a widening difference between the two as rural inflation is decelerating at a much slower pace. The resultant gap between rural and urban inflation has more than doubled over the last one year, data analysed by HSBC...
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