Extreme poverty in India declined by 12.3 percentage points between 2011 and 2019, with rural areas doing better than urban centres, according to a working paper of the World Bank. India has not released a new household consumption survey since the NSS from 2011. By extension, the country has not released any official estimates of poverty and inequality for over a decade now, added the paper co-authored by economists Sutirtha Sinha Roy and Roy van der Weide.
The approval is in addition to the existing scheme for the wage months of March to May, 2020 approved on April 15, 2020. The total estimated expenditure is Rs 4,860 crore and over 72 lakh employees in 3.67 lakh establishments will be benefitted.
Of the total cash outgo Rs 40,000 crore is towards enhanced expenditure under Mahatma Gandhi National Rural Employment Guarantee Program and Rs 33,771.48 crore have been sought for direct benefit transfer under Pradhan Mantri Jan Dhan Yojana and National Social Assistance Programme.
At a rally held in Bilaspur Chief Minister Jai Ram Thakur presented the PM with a 'Ransingha', a trumpet-like traditional instrument.
Defence Minister Rajnath Singh on Sunday dubbed INS Vikramaditya as the 'Sikandar of Samundar' after spending 24 hours onboard the aircraft carrier with the Western Fleet of Indian Navy off the Goa coast. The defence minister also performed yoga along with navy personnel on Sunday morning. Rajnath Singh also took to Twitter and shared his experience onboard the INS Vikramaditya. "Spent 24 hours at INS Vikramaditya. This aircraft carrier is the 'Sikandar of Samundar'. Visiting 'Vikramaditya' was one of the most memorable experiences of my life. A Day at Sea has given me a new perspective about the capabilities and power of the Indian Navy," he tweeted.
Speaking during a video interaction with Pradhan Mantri Garib Kalyan Anna Yojana beneficiaries from Madhya Pradesh, he also said that there was 'vikriti' (distortion) in the system of the previous government.
The free food scheme is driven by electoral considerations, but its long-term fiscal risks outweigh the short-term gains, cautions A K Bhattacharya.
'Economic issues do not matter during elections; it is the emotional connect that helps swing votes.'
Initially, the additional free benefit under the PMGKAY was provided for a period of three months (April-June 2020) to ameliorate distress caused by the COVID-19 pandemic. However, with the crisis continuing, the programme was extended for another five months (July-November 2020).
A house constructed under the Pradhan Mantri Awas Yojana (PMAY) on government land was demolished in Khargone city of Madhya Pradesh following violence on Ram Navami.
'It seems unlikely that a recruit will make a useful contribution as member of a combat unit.'
Out of Rs 86200.65 crore, Rs 83,000 crore have been allocated to the department of health and family welfare while Rs 3200 crore have been allocated to the department of health research.
Prime Minister Modi will invite all Olympics participants to his residence for the interaction, in addition to the programme at the Red Fort.
President Ram Nath Kovind on Monday said the country's farm production and procurement increased during 2020-21 crop year despite the pandemic and agricultural exports reached a record level of Rs 3 lakh crore during the same period. In his address to the joint sitting of both Houses of Parliament at the start of the Budget session, Kovind said the government is focusing on making the country self-sufficient in edible oils besides making special efforts to promote organic farming, natural farming and crop diversification. "My government is working continuously to empower the farmers and the rural economy of the country... I would like to give maximum credit to the small farmers of the country for this consistent success and strengthening of the agriculture sector," he said.
The Defence Ministry on Tuesday approved the procurement of arms and military equipment worth Rs 7,965-crore, including 12 light utility helicopters from Hindustan Aeronautics Limited, according to an official statement.
However, the affected family has rejected the offer as of now citing security concern and the administration said no formal order has been issued with regards to their relocation.
A total of 22.05 crore applications were received during the period.
The Congress alleged that whenever an issue of national security comes up, the "prime minister hides behind his ministers".
'We must understand that the LAC is a political issue for China, so any action on the LAC will keep India focussed on the LAC which gives China the opportunity for any adventurism in the Indian Ocean.'
Chhattisgarh Chief Minister Bhupesh Baghel on Sunday said he was yet to receive minister T S Singh Deo's resignation from the panchayat department and that he learnt about the latter's move through media.
According to an Election Commission statement, the two have decided not to avail exemption from income tax on sumptuary allowance and to surrender two of the three Leave Travel Concessions (LTC) available each year.
A round-up of Day 4 of the Ranji Trophy quarter-finals on Friday.
'Nitish Kumar was not happy about promoting R C P Singh as Union minister.'
Housing sales mostly declined during the first and the second wave of the coronavirus pandemic but prices did not fall in most of the cities but rather increased in some cities, according to the Economic Survey 2021-22. The pre-Budget document also highlighted that the housing demand recovered after both the waves on the back of pent up demand, low interest rates on home loans and reduction in stamp duty by some states. The survey has analysed the National Housing Bank's data on change in housing transactions in Q1FY21 (first COVID-19 wave) and Q1FY22 (second COVID-19 wave) over the pre-pandemic levels of Q1FY20. It also looked into change in housing prices index during this period.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
A round-up of Day 2 of the Ranji Trophy matches played on Wednesday.
While 392 assurances were dropped, the remaining 893 were still pending.
'The decision to supply free food grains is not an economically sound decision because the government will find it very difficult in future to charge anything for food grains.'
Interacting with children who won the Pradhan Mantri Bal Puraskar at his residence, the prime minister said he is proud to see the awareness of their duty towards society and the nation. "When I was getting introduced to you a while back, I was really surprised. The way you all have tried in different fields, the work that has been done at such a young age... is amazing," he said.
Blame the voter, who invariably chooses the promise of hand-outs today in preference to a vague promise of, say, better schools tomorrow. Getting the Supreme Court to issue an edict, or Parliament to pass a law, is no solution, observes T N Ninan.
The sole intention of the opposition parties is to create roadblocks on the path of development, the prime minister said, as he termed their action "anti national".
'Only time will tell how difficult it would be for the BJP when Mr Modi may not be in a position to actively run affairs of the party and be its biggest vote catcher.'
'Then the BJP could even split.'
'It was more than ego.' 'It carried with it a sincere belief that he was the quintessence of the country, that the country's destiny was irrevocably intertwined with his destiny.' An excerpt from T J S George's The Dismantling of India: In 35 Portraits.
Union finance secretary T V Somanathan recently said the Centre had saved Rs 10,000 crore in FY22 on interest payments after adopting new accounting mechanisms for central government agencies and centrally sponsored schemes (CSS) for state governments. Speaking at an event, Somanathan said due to these, there was an unspent balance of Rs 1.2 trillion with state agencies from CSS as on March 31, 2022. This means this amount will be reduced from the Centre's borrowing for now and it can be considered a short-term saving for the exchequer.
A person availing the services of a bank for 'commercial purpose' is not a consumer under the Consumer Protection Act, the Supreme Court has said. The apex court stated that to come within the ambit of the consumer, a person will have to establish that the services were availed exclusively for earning his livelihood by means of self employment. A bench of Justices L Nageswara Rao and B R Gavai said there cannot be any straitjacket formula and such a question will have to be decided in the facts of each case, depending upon the evidence placed on record.
"Fact that persons with disabilities get marginalised from every scheme does not require a debate," the court said.
Investigators are also examining the possible use of drones to drop the explosives at the airport that has various assets of the IAF, they said.
In the last 75 years, there have been multiple calls for a gender-neutral term for the head of the State and debates over it.
At the rally in Shimla's Ridge Maidan to mark the eighth anniversary of becoming prime minister, Modi said, "Now our borders are more secure than they were before 2014."
A summary of Ranji Trophy matches played on Thursday.
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