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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Stress in villages, but growth in cities, says Hindustan Unilever CEO - Sagar Malviya
Economic Times Unilever global chief executive Alan Jope said high inflation impacted demand from low income consumers in Indian villages even as growth remains stronger in cities. "The market growth in India remains stronger in urban areas than in rural areas and that reflects the high impact of high food inflation on low income consumers. We are seeing rural markets broadly flat in value terms with lower volumes," Jope said during its...
More »Assam flood situation improves but 2 more die
-PTI/ The Telegraph Cachar is worst-hit district in Assam with 3,55,960 people still affected Guwahati: Two more people died on Sunday even as the flood situation in Assam considerably improved, as per an official bulletin. Both the deaths happened in Hailakandi district, taking the toll in this year's flood and landslides to 192, as per the Assam State Disaster Management Authority (ASDMA) bulletin. Still, 5,39,334 are suffering in the flood across 12 districts. Altogether...
More »Direct Purchase Centres colluding with middlemen to deny farmers government-fixed revenue? -Thinakaran Rajamani
-The New Indian Express Farmers are still waiting to sell their paddy to the DPC even 10 days after submitting their applications online. TENKASI: Paddy farmers from across the district alleged that the Direct Purchase Centres (DPC) here were purchasing paddy from middlemen, instead of purchasing it from them. They added that it has affected their profits and that the middlemen were now getting benefitted from their misery. When TNIE spoke to farmers...
More »Illegal mining on Pathrala riverbed threat to ecology -Shiv Kumar Sharma
-The Tribune SDO fears damage to bundhs & stone studs may flood residential areas, agri land Yamunanagar: Despite efforts of the district authorities to stop illegal mining, the activity is going on unabated in the Pathrala rivulet in Jaitpur and Nagli villages, close to bundhs and stone studs built by the Irrigation Department to protect residential areas and agricultural land. On the complaint of Vinod Kumar, Sub Divisional Officer (SDO), Water Services Division,...
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