-The Indian Express Census 2011 data shows a 98% increase in Tamil Nadu’s migrant population, 77% in Kerala’s; 69% of migrants are women . MIGRATION patterns in India are increasingly reflecting the economic divide in the country, with more migrants over the last decade heading to the southern states, which have grown at a faster clip during this period. According to Census data released on Thursday, southern states, especially Tamil Nadu and Kerala,...
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With Rs 9.9 lakh crore back, Centre's estimates may go for a toss
-The Times of India NEW DELHI: With over three weeks to go for the deadline to deposit invalidated 500 and 1,000 rupee notes, deposits in the scrapped currency continue to swell, straining the Centre's estimate of how much of the illegal tender might not come back into the system. Government data shows deposits in two high denomination notes by Saturday evening had totalled Rs 9.85 lakh crore. The imposing figure, shared by...
More »India's richest 20% account for 45% of income -Pramit Bhattacharya
-Livemint.com Middle India is largely rural and uneducated, shows the ‘Household Survey on India’s Citizen Environment & Consumer Economy’ New Delhi: India’s richest quintile accounts for 45% of aggregate household disposable income while the poorest quintile earns barely 7% of the aggregate income pie, according to the latest data from a nationally representative survey conducted this year. The Household Survey on India’s Citizen Environment & Consumer Economy (ICE 360° survey), covering 61,000 households,...
More »Veggie wholesale rates crash, retail prices only dip in cities -Subodh Varma
-The Times of India In the finely balanced but lucrative economy of vegetable and fruit trade, demonetisation has had a bizarre effect. In distant rural areas, local vegetable prices — both wholesale and retail — have crashed as the oxygen of currency has been suddenly sucked out. Since the whole economy depended on cash, from transport to mandis to purchase prices, this is unsurprising. But in cities, where there is more liquidity,...
More »Bringing PDS out of the abyss -Anjali Bhardwaj and Amrita Johri
-Deccan Herald System overhaul: Transparency measures with strong accountability mechanisms can usher in change The National Food Security Act (NFSA) passed in 2013 gives statutory backing to the Public Distribution System (PDS). Up to 75% of the rural population and 50% of the urban population is entitled to receive food grain under the Act. Beneficiaries are categorised into priority households, entitled to 5 kg of subsidised grains per person per month, and Antyodaya...
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