-Live Mint Difference between average spending in urban and rural areas declined by 0.6 percentage points between 2004-05 and 2011-12 The seven years between 2004-05 and 2011-12 have been among the most prosperous phases India has ever seen. What makes this phase unique is that the gains from high growth have been more evenly shared between rural and urban India than before. Real rural consumption expenditure grew at an average annual pace...
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Child malnutrition is down: survey -Kundan Pandey
-Down to Earth Prevalence of underweight children down from 76 to 43 per cent for boys, 74 to 42 per cent for girls over past four decades, says National Nutrition Monitoring Bureau Food intake of people in rural India has been declining over the past four decades, but the status of nutrition among children has improved over this period. This was revealed in third repeat survey by National Nutrition Monitoring...
More »Rajan panel wasn't unanimous in framing underdevelopment index
-The Business Standard Panel member questioned the choice of sub-components There is some consolation for Bharatiya Janata Party's prime ministerial candidate and Gujarat Chief Minister Narendra Modi: Not everyone in a panel headed by Reserve Bank of India Governor and former chief economic advisor Raghuram Rajan had favoured the inclusion of Gujarat in the list of less developed states. Economist and social scientist Shaibal Gupta, a member of the panel, had dissented and...
More »Rajan panel ranks Odisha most backward State
-The Hindu Bihar is the second most backward, and Gujarat is less developed A panel headed by Raghuram Rajan has recommended a new index of backwardness to determine which States need special assistance. The new methodology ranks Odisha as India's most backward State, Bihar, which has been seeking ‘special' status, as the second most backward, and Gujarat as one of the "less developed" States. Goa is India's most developed State. In May this year,...
More »62% petrol used by two-wheelers, 27% by cars, survey shows -Sanjay Dutta
-The Times of India NEW DELHI: The government touted petrol as rich man's fuel to stop subsidy. But a latest survey shows 62% of the fuel flowing into the market is consumed by the aam aadmi's sawari - two-wheelers - while about 2% is being sold loose by people to earn their livelihood in remote villages and coastal areas. The survey, conducted by Nielsen for the oil ministry's think-tank - Petroleum...
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