Inclusive Growth
Despite being one of the world's largest economies, India ranks poorly in per capita income, a stark reminder that GDP growth alone does not equate to widespread prosperity. This widening economic gap has real implications, most notably in terms of demand the very engine of sustainable growth.
Recent analyses point to stagnant rural wages, a persisting| issue that has kept the purchasing power of millions at a minimum. Surveys show that the average income for a rural earning person is less than Rs 35,000 a year, or about Rs 2,886 per month.
This is barely enough to cover basic needs for an earning person's family, leaving little room for discretionary spending that could stimulate demand in other sectors of the economy. In fact, a large part of household expenditure in rural India goes towards food - nearly 40 per cent reflecting the immense burden of basic costs.
Denne historien er fra November 12, 2024-utgaven av The Statesman.
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Denne historien er fra November 12, 2024-utgaven av The Statesman.
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WCD Ministry expands helplines, utilises 76 pc of Nirbhaya Fund
In its bid to bolster the safety and security of women across the country, the Union Ministry of Women and Child Development has launched multiple reforms and helplines in the recent times.
RG Kar case: CBI focusing on variances in nature of wounds mentioned in inquest, post-mortem reports
The Central Bureau of Investigation (CBI) is focusing on variances found in the nature of wounds on the body of R.G. Kar rape and murder victim as mentioned in the inquest and the post-mortem reports.
India's history-making Sepak Takraw team aim for 2026 Asian Games medal
The historic gold medal clinched by the Indian men's regu team at the Sepak Takraw World Cup 2025 in Patna, has been a result of multiple years of training at various Sports Authority of India (SAI) centres.
Cash at judge's door: Chandigarh court acquits Justice Nirmal Yadav in 2008 corruption case
Pronouncing its verdict in the 2008 corruption case, a special CBI court acquitted former Punjab and Haryana High Court judge Nirmal Yadav on Saturday.
Strategic Outreach
The BJP's latest engagement with Muslims through Ramadan goodwill kits ahead of Eid has sparked debate across political circles. While some see it as a welcome gesture of inclusivity, others view it as a calculated move before key elections.
World's First Mithun Churpi Produced in Arunachal
In a groundbreaking achievement, Tadang Tamut, a progressive Mithun farmer from Jomlo Mongku Mithun Farmers' Federation in Arunachal Pradesh's Siang district, has successfully produced the world's first Mithun Churpi in collaboration with the National Research Centre for Mithun (NRCM) in Medziphema, Nagaland, official sources said on Wednesday.
Opposition's Role
India needs an opposition that goes beyond criticism and positions itself as a credible alternative capable of governance. This involves identifying key issues, engaging with stakeholders, and implementing independent solutions. Such efforts not only build credibility but also shift the narrative from rhetoric to results
Wife of undertrial arrested for smuggling SIM cards into prison
The Kotwali police arrested a woman on charges of attempting to smuggle multiple unauthorised mobile SIM cards to her husband, an undertrial at the Krishnagar District Correctional Home.
Boman Irani on working with Shyam Benegal
In an interview with Subhash K Jha, Boman Irani speaks on working with Shyam Benegal and completing 15 years of Well Done Abba.
India Launches 'Operation Brahma' to Assist Myanmar
Two Navyships on way, field hospital to be airlifted as death tollin Myanmar crosses 1,600
