-Down to Earth 68th Round of National Sample Survey makes it amply clear that the wave of economic growth has not percolated down from the 0.003 per cent of population of ruling elite (as per Income Tax records, only 42,800 persons have taxable Income more than Rs 1 crore in India). 99.996 per cent population is spending between just Rs 25.90 and Rs 37.36 per capita per day (average MPCE) in...
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UPA's job generation record better: Jairam
-The Business Standard Says it ensured more inclusive growth here, with better paying jobs, compared to NDA govt's record The perception that more jobs were created during the 1998-2004 National Democratic Alliance government than that of the Congress-led United Progressive Alliance (UPA) isn't based on facts, said Jairam Ramesh, the minister for rural development. From projections based on a National Sample Survey Organisation (NSSO) study, 60 million jobs were created between 1999-2000 and...
More »Economic growth has done little to reduce child under-nutrition -Vani Manocha
-Down to Earth Data taken from 121 health surveys and 36 countries has been analysed Economic growth has little or no effect on the nutritional status of the world's poorest children, finds a study jointly conducted by various organisations. The study was based on child growth patterns in 36 developing countries and has found that economic growth in these countries was associated with small or no declines in stunting, underweight, and wasting-all signs...
More »The poor never had it so good -Subir Roy
-The Business Standard The dominant theme in the pre-election discourse is that misrule by the United Progressive Alliance (UPA) in its second term has led to sharply lower growth of Gross Domestic Product (GDP), which Narendra Modi will reverse, the way he has made Gujarat shine. But the evidence on hand does not support this correlation between the quality of national political leadership and growth performance. If anything, there is...
More »2014 farm output at risk, CPI might spike again-Malini Bhupta
-The Business Standard Hailstorms may cause Rs 12k-cr crop damage, El Niño a bigger worry India's hope rally will be at risk if El Niño actually strikes this year. Even if a reformist government comes to power in May, global weather forecasts seem to suggest India is faced with the prospect of an erratic rainfall, as a result of the waters of the Pacific Ocean warming (known as the El Niño effect). It...
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