Under attack over the Rs 32 per capita per day (in urban India and Rs 26 per day per person in rural areas) cut off for poverty line, the Planning Commission on Monday distanced itself from the controversial definition presented to the Supreme Court saying it did not represent its views.
'Second-generation neoliberal policies, coupled with multiple failures on the food front, could do to the UPA what India Shining did to the NDA in 2004,' says Praful Bidwai.
Among the major states, Orissa recorded the steepest fall in poverty from 2004-05 to 2009-10.
According to the 66th round of National Sample Survey carried out between July 2009 and June 2010, all India average monthly per capita consumer expenditure in rural areas was Rs 1,054 and urban areas Rs 1,984.
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The annual pay of a PSU employee on an average increased by 13.7 per cent to Rs 6.6 lakh in 2010-11, the Public Enterprises Survey for 2010-11 has revealed.
India is affected by a 'resource inefficiency curse'.
India's public debt ratio, which remarkably remained stable at around 70 per cent of the GDP since 1991, is projected to jump by 17 percentage points to nearly 90 per cent because of increase in public spending due to COVID-19, the IMF said.
Fast paced urbanisation has taken a toll on the environment.
New York, the financial capital of the world, has emerged as the epicenter of the pandemic. More than 14,000 people have died in the city and over 2,00,000 lakh people have tested positive so far. Neighbouring New Jersey has more than 78,000 cases and 3,800 deaths.
The legislation was passed by 125 votes in favour and 61 against.
In 10 years from 1995 to 2005, the military expenditure in South Asia increased by 50 per cent, and one in every 10 military personnel in the world are in this part of the globe, a United States report has said.
'Uttar Pradesh, our largest state by population and the most powerful, is also the worst governed.'
Who is a poor Indian? One who earns below Rs 35 a day? Or one whose salary is in four figures? While the debate rages, the Bombay Parsi Punchayet, the organisation that governs the affairs of the Zoroastrian community in Bombay, has said that any Parsi who earns less than Rs 90,000 a month (or Rs 10.8 lakh a year) is poor and therefore eligible for its help in finding a house.
Besides, as urbanisation spreads, the country will consume more wheat, pulses and less rice and coarse cereals in the coming years.
The third BRIC summit in Sanya, China, on Thursday will have a new member: South Africa.
The major task of the country is to move as fast as it can to achieve a higher standard of living, said former RBI governor C Rangarajan.
A comprehensive solution involves a complete overhaul of our education and training model.
Getting electricity connection in a new building or a new factory is not an easy task.
From being ranked at 56 last year, India now stands at 62, according to INSEAD and Confederation of Indian Industry (CII) and global business school INSEAD.
There seems to be no dearth of funds to fuel this growth, report Peerzada Abrar and Shivani Shinde.
If he doesn't, two things are guaranteed: Failure for him, and continued slide for his nation despite its talented people, strong nationalism, the gift of geography and a formidable army, points out Shekhar Gupta.
China on Friday hiked its defence budget to $209 billion, maintaining a single-digit growth for the sixth consecutive year with a 6.8 per cent increase in 2021.
Presenting the budget for the sixth consecutive time in the Assembly, Sisodia said the Delhi government will implement the Ayushman Bharat Yojana of the Centre in the national capital.
The Supreme Court-mandated ban on all mining operations in Goa -- the second in less than a decade -- will disrupt the livelihoods of tens of thousands in the state, points out P K Mukherjee.
The 50-share NSE Nifty ended flat, up by 9.85 points, or 0.09 per cent, at 10,399.55.
India owns over 18,000 tonnes of above ground gold stocks worth approximately $800 billion and representing at least 11 per cent of global stock, according to estimates of World Gold Council.
Consumption per capita was 5.6 times less in a month for the bottom ten per cent of the population than the top 10 per cent in rural areas during 2009-10.
The US is a wonderful example of how a political party with minority support can cling to power for decade, notes Devangshu Datta.
India's economy has bounced back amazingly from the Covid-19 pandemic and nationwide lockdown over the last one year, but it is not out of the woods yet, according to the World Bank, which in its latest report has predicted that the country's real GDP growth for fiscal year 21/22 could range from 7.5 to 12.5 per cent.
Indians spend a higher percentage of their earnings on food consumption, compared with other countries globally, Ramachandra N Galla, chairman of Amara Raja Group, said.
Beneath the feel-good is an environment that breeds bubbles.
21st century may have witnessed expansion of higher educational institutions, but who can afford it? Sushree Panigrahi & Jeet Singh look at the numbers.
The World Bank said improved infrastructure, specifically rural electrification, has had far-ranging effects
India's economy is showing signs of slowdown, with hi-frequency indicators like industrial output posting subdued growth and automobile sales touching historical lows.
Moody's assigns a 'Baa3' rating on India, with a stable outlook.
Challenges posed by climate change hit centre stage in 2009 which saw the government doing a flip-flop ahead of the crucial Copenhagen summit even as the Opposition and experts alleged that India succumbed to pressure from rich nations on emission cuts.
The government hopes to use this data to assess the extent of financial support needed to recover from the pandemic.
Demonetisation was not a good idea and the time should have been utilised instead to fine-tune the Goods and Services Tax before it was introduced, said Gita Gopinath, John Zwaanstra Professor of International Studies and of Economics at Harvard University, in an interview with Advait Rao Palepu.
Asked about the report, MEA spokesperson Anurag Srivastava said, "The political judgements of Freedom House are as inaccurate and distorted as their maps."
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