-The Times of India NEW DELHI: Unemployment was highest among Sikhs living in cities and towns during 2009-10 while the rate of joblessness showed a downward trend for Muslims in both urban and rural areas, a government survey released this month has revealed. Muslims had the lowest per capita spending, according to the National Sample Survey Organization (NSSO), which in its 2009-10 survey put out a new report on employment trends for...
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This bill won’t eat your money -Sabina Alkire
-The Hindu The expenditure on providing food security will add minimally to India's public spending which is less than what even lower middle income Asian countries spend on social protection In recent media coverage, critics often argue that the cost of the National Food Security Bill (NFSB) is excessive. The Economic Times referred to the NFSB as a "money guzzling measure" and according to CNBC-TV18, Rahul Bajaj, chair of Bajaj Auto, said...
More »Income disparity between rich and poor growing rapidly -Subodh Varma
-The Times of India NEW DELHI: Everybody knows that there is a chasm between the rich and the poor. But can it be measured? And, more importantly, is this disparity between the rich and poor growing or coming down? New data based on consumption expenditure surveys shows that income disparity is growing and at a rapid clip. Spending and consumption by the richest 5% zoomed up by over 60% between 2000 and...
More »Vanishing poverty trick
-The Hindu In figures officially released this week, the Planning Commission claims that poverty incidence had declined from 37.2 per cent of the population in 2004-05 to 21.9 per cent in 2011-12. This 15.3 percentage points decline over a seven-year period amounts to an unprecedented annual decline of 2.2 percentage points in the poverty rate. If that trend is sustained, it would lead to an end to "official" poverty in India...
More »Steep drop in number of poor gifts UPA talking point, raises eyebrows
-The Telegraph New Delhi: The Manmohan Singh-led UPA government can finally grab an official statistic to burnish its aam aadmi credentials. The percentage of people living below the poverty line has fallen to 21.9 per cent of the population in 2011-12 from 37.2 per cent in 2004-05 - the year that the Congress-led UPA stormed to power. The percentage of people below the poverty line has been estimated at 25.7 per cent in...
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