Dr Rajesh Shukla, author of How India Earns, Spends and Saves: Unmasking the Real India, warns against the rising income inequalities India has witnessed after economic liberalisation.
In contrast, according to the two sets of poverty estimates provided by the NSS using consumption expenditure data, the country's poverty level is 27.5 per cent according to the 30-day data and 21.8 per cent on the basis of the 365-day data.
What will it take to get India's poor broadband penetration to be seen as a problem and not as a condition, thus enabling real, serious e-commerce to take off in India?
Some 800 million or more Indians gaze at their mobile phones all day. Whoever can crack what's news on the mobile phone for them and their families, for a nominal payment of Rs 10 a month, is a winner, says Ajit Balakrishnan.
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