-The Business Standard   Indian economy has been on a sustained Growth path, but Indians are still spending a major chunk of their expenditure on food items. Per capita consumption expenditure in a month was 88 per cent more in case of urban India compared to rural India during 2009-10, a trend which was more or less five years ago, according to the latest figures on consumption expenditure. Per capita expenditure on consumption for...

The sight on television was heartbreaking: children lying in rows in the searing sun to be human shields against the takeover of their land for Korean giant POSCO’s mega bucks project. Facing them were armed police sent by the state government to assist in the operation. The steel plant and port project, located in a coastal district of Odisha, has been in a six-year-long eyeball-to-eyeball battle with people whose land will...

The results of the NSS 66th round survey (2009-10) on employment and unemployment show a striking decline in the female labour force and the workforce participation rates as per all the three criteria (the usual, weekly and daily status) in rural and urban areas as compared to 2004-05. Even among urban males, there is a decline in the rates as per the usual and weekly status, though the daily status...

-PTI   A two-day meeting between the Planning Commission and the Northeastern states for preparing of the 'Approach' paper to the 12th Plan (2012-17) began today in Guwahati. The Planning Commission team for the meeting will be headed by the Deputy Chairman of the Commission Montek Singh Ahluwalia. The meeting is fifth and concluding regional consultation with Northeastern states to take their views in order to prepare the Approach paper that seeks to...

-The Business Standard   A young entrepreneur with an engineering degree from India’s premier engineering school and a postgraduate degree from the US’s finest technical school develops an innovative service aimed at ameliorating the energy utility situation in rural India. In 1995, he co-founds SELCO India, which provides customised energy solutions based on each household’s requirements. It facilitates low-income rural households to secure financing help from local financial institutions. Read how...