BUSINESS
Elimination of Extreme Poverty: What the Consumption Expenditure Survey data tells us
The PPP $1.9 poverty line in 2011-12 was Rs 790 per person per month in rural areas and Rs 967 in urban India. For 2022-23, accounting for inflation factors provided in the HCES, poverty line in rural areas is Rs 1,452 and urban areas is Rs 1,752. Only 2.5% of rural and 1% of urban population has consumption expenditure lower than the above numbers, and hence are the only ones still below the poverty line
BUSINESS
Budget 2024: Indian economy in relative comfort, but seize the reform opportunities
Budget 2024 comes at an interesting time when the Indian economy is projected to grow at 7.3 percent in the current year, and future growth projections are reasonably optimistic. India is expected to continue as the fastest growing major economy of the world
BUSINESS
The mega Air India order for 470 airplanes embodies Indian economy’s take-off to greater heights
BUSINESS
Mudra yojana’s success is a result of reposing faith in small businesses, ordinary people
BUSINESS
How India can prepare for China-plus-one
BUSINESS
A supreme leap forward on EWS quota
BUSINESS
Treat Indian Rupee’s exchange rate as a policy tool to enhance competitiveness of domestic market
BUSINESS
Protests or vandalism? Don’t kill the golden goose of private enterprise
