Scroll.in Since making headlines in January, Joshimath town in Uttarakhand continues to sink while the massive development projects, which locals insist are causing the subsidence, also continue. New cracks are appearing in the houses and roads of Joshimath town, along with deep cavities in the fields. But people who are affected, wait for rehabilitation, with only a few having received meagre compensation, that too for their houses alone. The government has neither come...
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No Plan to Grant Autonomy to National Statistical Commission: Union Government - The Wire
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...
More »Wholesale Price Inflation in negative territory, hits three year low of -3.48% - PTI/Deccan Herald
Wholesale price-based inflation rate declined by (-) 3.48 per cent in May, a 3-year low, on easing prices of food, fuel and manufactured items. The wholesale price index (WPI) based inflation rate has been in the negative territory for the second straight month. In April it was (-) 0.92 per cent. In May, 2022 WPI inflation was at 16.63 per cent. The May, 2023 data print of (-) 3.48 per cent...
More »Scooters Power two-wheeler sales - Mahesh Vyas
Centre for Monitoring Indian Economy Sales of scooters (including electric scooters) increased by a handsome 7 per cent in April 2023. Motorcycle sales grew modestly, by 2.9 per cent, while moped sales fell by 7 per cent in April 2023. Total two-wheeler sales in April 2023 were 4 per cent higher than in March 2023. Scooters led the recovery in two-wheeler sales in 2022-23 with a 26 per cent jump. Its leader...
More »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...
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