-PTI WHO says per capita liquor consumption in India Inc.eased from 2.4 litres in 2005 to 5.7 litres in 2016 Per capita alcohol consumption in India has more than doubled from 2005 to 2016, according to a report by the World Health Organisation (WHO). The consumption of alcohol has increased from 2.4 litres in 2005 to 5.7 litres in 2016 with 4.2 litres being consumed by men and 1.5 litre by women, the...
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UNDP report lauds India's strides in reducing poverty in past decade
-The Indian Express According to MPI 2018 released by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative, there are 271 million fewer poor people in India in this period. New Delhi: In the decade between 2005-06 and 2015-16, India has halved its Multidimensional Poverty Index (MPI) — an index that looks beyond income poverty to take into account deprivations in health, education, and living standards...
More »What ails the Indian banking sector? -Pronab Sen
-Livemint.com The problem escalated due to the government’s focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships The past two years or so have seen rapidly increasing stress in the Indian banking sector, with non-performing assets (NPAs) steadily climbing from under 3% to over 13% of total assets. Loan-loss provisioning for NPAs has seriously eroded the capital base of several banks, limiting their ability to make further...
More »Rs 15/litre diesel price hike burns a big hole in farmers' pockets -Anju Agnihotri Chaba
-The Indian Express But it may give a boost for S-SMS/Happy Seeder technology adoption to prevent paddy straw burning Jalandhar: Thakur Dyal Singh has never in the past raised the rates for operation of his combine harvester in farmers’ fields by more than Rs 100 per acre. Till around 2012-13, he was charging Rs 800-1,000 for harvesting, threshing and cleaning their paddy or wheat crop from one acre using his machine. In...
More »'Rationalising subsidies, improving infrastructure could revive agri-sector' -Kiran Pandey
-Down to Earth For every million rupees spent on agricultural research, 328 people are pulled out of poverty. In contrast, the same amount spent on power subsidies brings only 23 people come out of poverty. The message is clear. With the Union elections only a few months away, the Centre should prioritise capital investments over populist subsidies to deliver on its promise of strengthening the farm sector. This is important, especially when the...
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