For the country's poorest districts, the only hope of escaping grinding poverty is to increase farm productivity in a big way -- in most of these districts, around 85 per cent of those employed work in the agricultural sector.
The Indian paints industry is likely to piggyback the increased activity in the housing sector and higher sales of automobiles and two-wheelers as well as consumer durables, thanks to rising personal incomes.
The Planning Commission on Wednesday envisaged creating seven crore new jobs in the next five years and doubling per capita income in 10 years
'He has attacked our enemies in their own backyard.'
China's poverty line of $85 per capita net income a year is too low for subsistence and fails to deliver to 100 million poor the benefits of the country's unprecedented economic boom, a senior official has said.
Switzerland has been named the happiest country in the world.
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 challenge ahead for central and state governments remains enormous.
Doing business is not so easy in India as the country is way down at the 134th position in a list of 174 countries, ranked by International Finance Corporation on various parameters of business environment.
The recommendation was for imposing a cess of Rs 60 a year for families above the poverty line and Rs 25 for families below the poverty line, its report said.\n\n
A Mumbai-based think-tank has said in its report that an Indo-Pak war over water resources was 'inevitable'.
India's rank in terms of Human Development Index (HDI) stood unchanged at 127 during 2002, with per capita income coming down but literacy rate improving slightly, the United Nations Development Programme said in its report on Thursday.
'Falling labour participation rate is common in the ageing populations of the developed world.' 'But India is a country with a young population.' 'It is imperative that the labour participation increases.' 'We need a larger labour force to increase our per capita income level,' points out Mahesh Vyas.
The Punjab government blames the slow growth on tax concessions in neighboring Himachal Pradesh and Haryana's proximity to Delhi.
Andhra Pradesh and Maharashtra are at second and third spot, whereas Uttar Pradesh and Bihar remained at the bottom.
The reduction in customs duties on non-ferrous metals would keep a check on a rise in prices, as landed cost of these would effectively reduce
India's water future remains very bleak. The monsoon season, which once extended to 4 months, is now down to less than 30 days of heavy rain.
However, the Indian economy is expected to bounce back in 2021, the World Bank said.
Welcoming Raghuram Rajan panel report which has put Bihar among the least developed states, Chief Minister Nitish Kumar on Thursday described it as a 'victory' for the state but was non-committal on alliance with the Congress for the forthcoming Lok Sabha elections.
The average assets of an MP are now 345.8 times that of an annual income of a tax-filing individual, reports Sachin P Mampatta.
Expressing confidence that the growing Indian economy would drive aluminium consumption, the Aluminium Association of India on Monday said it had targetted automobiles, power sector and the packaging industry to boost growth.
'It is almost certainly wrong in assuming that the Modi government will use its strong mandate to undertake some serious reform measures.' 'For it is fairly clear that the government's priorities lie elsewhere, in the powerful home minister's domain,' notes T N Ninan.
'Mr Kejriwal is almost exactly the package that Mr Modi offers: Personal aggrandisement, the building of a personality cult through full-page newspaper ads day after day, populist schemes involving subsidies (whether affordable or required), abandonment of secular principles, exaggerated claims and no checks on leadership,' points out T N Ninan.
Hooda said he accepts the decision taken by the party high command and will make all efforts to form a Congress government in the state.
The findings of the report showed consumer spending falling for the first time in over four decades in 2017-18. The government has, however, termed it a "draft" report, reports Somesh Jha.
India on Friday said it was exploring the possibility of exporting tea to Pakistan through the border route.
S&P expects India to grow at 7.4 per cent in 2015, similar to the central bank's forecast for the fiscal year ending in March.
Companies, so far, were constrained by the provisions of Articles 370 and 35A, which restricted the purchase of land and hiring manpower.
Soft drinks major Coca-Cola India will try to reach 40,000 villages this year as part of its strategy to penetrate rural market that is characterised by low per capita consumption of carbonated soft drinks
A World bank study says that nations which tackle corruption can increase their national income four-fold.
'Personally, I have reached that stage where I think material things can't give you any satisfaction.'
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