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Disparity in income getting sharper, NSSO data shows-Asit Ranjan Mishra

-Live Mint In urban India, the ratio of the top and bottom 10% of the economic group increased to 10.9% from 10.1% Economic growth is increasing the income and consumption levels of the average Indian faster than before, but income disparity is getting sharper, especially in the country’s villages, which may require a greater effort aimed at creating jobs in the non-farm sector in rural areas. The increase in inequality is evident from...

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Rural income on rise: study-Asit Ranjan Mishra

-Live Mint The latest numbers may lead to a significant decline in the poverty level India’s rural income grew at a much faster clip between 2010 and 2012 than in the previous years, according to the provisional results of the 68th round of the consumption expenditure survey carried out by the National Sample Survey Office (NSSO). The latest numbers may lead to a significant decline in the poverty level once the Planning Commission...

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Rural expenditure up by 33 per cent: NSSO-Richard Mahapatra

-Down to Earth Around 83 million rural people still live on less than Rs 20 a day In just two years, rural India's household expenditure has increased by more than 30 per cent, according to the latest household consumer expenditure survey by the National Sample Survey Office (NSSO). Household consumer expenditure is being used as a proxy to decide the income of households. The results, declared on July 31, suggest a big...

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Amartya Sen, Nobel laureate interviewed by Sagarika Ghose

Nobel laureate Amartya Sen believes that Team Anna's reading of corruption or what causes corruption or how it can removed is wrong, and that they need to look at how the economic system operates.   In an exclusive interview with CNN-IBN Deputy Editor Sagarika Ghose, Nobel laureate Amartya Sen said that instead of fasting and protesting, one should try and change the systems that provided incentives for corruption. Below is the transcript of...

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PM's speech at the release of the MGNREGA Sameeksha

-Press Information Bureau I am very happy to release the Mahatma Gandhi NREGA Sameeksha, brought out by the Ministry of Rural Development. This is an innovative way of looking at our development programmes. I compliment Shri Jairam Ramesh for taking the initiative to reach out to scholars in different parts of our country to apply their minds to analysis of what is being achieved, what is possible, what is not yet...

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