But non-farm income keeps economy afloat New Delhi, April 25: The rural growth story is slowly losing sheen because of inflation and rising input costs. In fact, rural price level is higher than urban price level. The March Consumer Price Index number for Rural India stood at 116.3, while that for urban India stood at 114.6. Mr Ajay Sriram, Chairman and Senior Managing Director, DCM Sriram Consolidated Ltd, says the rural growth...
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Wasteland map shows 5000sqkm gain-Basant Kumar Mohanty
Here’s a “growth story” that Standard and Poor’s missed: a piece of official statistics shows good old India has grown — literally. Over 5,000sqkm of wasteland has been converted into “net” usable terrain between 2005 and 2008, according to the Wasteland Atlas of India that was released today. Even Bengal, pilloried for profligacy and other wasteful pastimes, has done its modest bit to transform wasteland. But the big battles against barren land...
More »One-third of rural job funds spent in March
-The Times of India KOLKATA: It may be the impact of the efforts put in by officials led by panchayat minister Subrata Mukherjee in the past few months, or a matter of outdoing the former Left Front government in terms of figures. But the fact is that the Mamata Banerjee government has spent a whopping Rs 982.86 crore in this March alone under the Mahatma Gandhi National Rural Employment Guarantee Act...
More »Indian teenager annuls her child 'marriage'
-BBC A young woman has had her child "marriage" legally annulled in northern Rajasthan state, in what is thought to be the first case of its kind in India. Laxmi Sargara, 18, wed Rakesh when she was just one and he was three. She grew up with her own family, only finding out she was married when her in-laws came to claim her this month. Child marriages are illegal in India but are still...
More »Land row stalls IIM construction-Santosh K Kiro
Nagri (Ranchi), April 25: A piece of land is valued either Rs 1.55 lakh or Rs 340.5 crore. Take your pick. If you recover from this shock, you can proceed to figure out who should get in part or full 227.71 acres at Nagri, 15km from Ranchi. Construction of IIM-Ranchi and National University for Study and Research in Law (NUSRL) campuses has halted after villagers refused to budge from the acres,...
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