The Union government told the Rajya Sabha on Monday (July 31) that it has no plans to empower the National Statistical Commission (NSC) using a legislation. Minister of state for statistics and programme implementation Rao Inderjit Singh was answering a question on whether the government is planning to empower the NSC by insulating the selection process from political bias. Singh responded that said the chairman and members of the NSC are selected...
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Poverty and inequality
KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
More »NSSO Survey: Only 39.1% of all Households have Drinking Water Within Dwelling, 46.7% of Rural Households use Firewood for Cooking
The National Sample Survey Organization's Multiple Indicator Survey - part of the 78th round - has revealed that only 39.1 percent of all Indian households have access to drinking water within the dwelling. When it come to cooking, 46.7% of rural households use firewood. These are some of the findings of the survey whose purpose was to collect data about the indicators of Sustainable Development Goals. Data was collected for households...
More »India posts GDP growth of 6.1 % in fourth quarter, 7.2 % in FY23 - The Tribune
India continues to maintain its streak of world-beating economic growth after GDP for the March quarter beat all expectations with a 6.1 per cent expansion that helped push the annual growth rate to 7.2 per cent. After this, the Indian economy is now USD 3.3 trillion in size. Asia’s third-largest economy beat all estimates to grow at 6.1 per cent in January-March, the last quarter of the 2022-23 fiscal, up from...
More »Top 10% of Urban Indian Households has 7,517 Times the Assets of the Bottom Decile
The average value of assets (AVA) of the top ten percent of urban households in India is more than seven thousand five hundred times greater than what the bottom ten percent owns. The AVA of the top decile was Rs. 1.5 crores, while the lowest decile owned an average of Rs. 2,000 of assets. The data is part of the All India Debt and Investment Survey - 2019, the survey for...
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