"The report says that per capita consumption expenditure of 18.7 per cent of the rural population and 4.7 per cent of the urban population in the country is less than Rupees 12 per day. It implies that 16.3 crore people in the country spend less than Rs 12 per month representing 14.7 of the total population," Minister for Rural Development Reghuvansh Prasad informed the Lok Sabha on Monday.
The survey carried out by Max New York Life and the NCAER based on income data has found that India has less poverty than estimated by the government's National Sample Survey.
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.
The employment rate (number of person unemployed per 1000 person in the labour force) according to usual status was 17 in the rural areas and 45 in the urban locations.
A survey has revealed the wide urban-rural and gender based gap in wages earned.
Niti Aayog vice-chairman Rajiv Kumar debunked claims of jobless growth, saying how can a country grow at an average of 7 per cent without employment.
Rural Bihar appears to be doing much better than urban areas in the state, if one goes by a recent National Sample Survey Organisation report.
Economic growth not only changed the food consumption pattern in rural households but has also encouraged rural India to go for more efficient energy sources like liquefied petroleum gas.
The unemployment rate in 27 major cities has declined by two percentage points during 1999-2000 and 2004-05.
During the five-year period beginning 2000, 12.4 million people were provided employment per year, Union Minister for Labour Oscar Fernandes said quoting a survey carried out by the National Sample Survey Organisation.
A survey conducted by the National Sample Survey Organisation has revealed that 51 per cent or more than half of India's rural households (marginal farmers possessing less than 1,076 square feet of land) have no ration card at all.
For the first time in more than 70 years, a sample count of the Other Backward Classes has been made with an official survey.
The latest estimates of poverty reduction in the country, put out by the National Sample Survey (NSS), are unique in that they have not been welcomed by anyone.
Poverty in the country declines to 21.8 per cent of population in 2004-05 from 26.1 per cent in 1999-2000, according to data released by Planning Commission
The Indian economy may be registering strong growth, but nearly 20 per cent of the population or close to 250 million people of spent less than Rs 14 per person per day on consumption in 2004-05.
The rate of unemployment rose from 7.3 per cent in 1999-2000 to 8.35 per cent in 2004-05, the Rajya Sabha was informed on Wednesday. The 11th Five-Year Plan has special schemes to encourage the organised sector to employ more labour and simultaneously, to improve labour productivity in the unorganised sector.
The wage data from the latest NSS round throw up some really wonky stuff.
The survey covered 47,535 households in rural areas and 36,065 households in urban areas.
The average monthly per capita consumer expenditure in the country was Rs 554 for the rural areas, while for urban India it was Rs 1,022 according to the National Sample Survey, the Lok Sabha was informed on Wednesday.
The substantially increased economic dualism may exert lasting negative influences which could include a reduced potential for economic growth; the persistence of a very weak employment and poverty situation; rising social and political discord; and heightened vulnerability to geopolitical challenges, cautions Shankar Acharya, former chief economic adviser to the Government of India.
Employment in the organised sector has gone down from 2.77 crore (27.7 million) in 2001 to 2.70 crore (27 million) in 2003, Lok Sabha was informed on Monday.
Incredible though it may sound, only 2 out of every 100 person in the country is unemployed as against 10 out of 100 in the United States, according to a recent survey by a central government agency.
With a view to removing disparity in minimum wages across the country, the national minimum wage is likely to be raised to Rs 70 per day from Rs 50 at present.
Crisil Research expects retail inflation to rise 60 basis points to 4 per cent this fiscal from 3.4 per cent in 2018-19.
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