Rural consumption rises higher than urban, allowing the inequality to dip during Aug 2023-July 2024, ETCFO
Consumption inequality in rural as well as urban areas declined during August 2023-July 2024 period as compared to a year ago, according to the latest Household Consumption Expenditure Survey released on Friday. The Gini coefficient that measures consumption inequality and wealth distribution within a society declined to 0.237 from 0.266
Transmission infra, Discom health key issues in 2025
The year 2024 has been seminal for the power sector with the country meeting an unprecedented peak demand of 250 GW in a year. Besides, India added around 30 GW of installed capacity in the last 12 months, three-fourths of which is renewable energy (RE). . To begin with, India
In FY24, rural consumption beats urban; inequality down
Indicating a slowdown in consumption in urban regions, monthly per capita expenditures (MPCE) have seen a higher rise in rural areas compared to urban areas, a survey by the Statistics Ministry revealed on Friday. However, it highlighted that inequality in rural areas has come down. According to the latest edition
DGCA suspends two senior executives of Akasa Air for training lapses
Directorate General of Civil Aviation has suspended director( training) and director ( operations) of Akasa Air for six months for lapses in pilot training. This action follows a regulatory audit in October and comes in the wake of complaint by Akasa Air pilots which accused the senior management of favouritism and
Late PM Manmohan Singh’s reforms yielding benefits to date, ushered in modern India, say economists
Economists across the spectrum have hailed the role of former Prime Minister Manmohan Singh in ushering in transformative reforms in 1991 to script a turnaround for the Indian economy. Reacting to the passing away of Singh on Thursday evening, DK Srivastava, Chief Policy Advisor – EY India, said that Manmohan Singh
Manmohan Singh’s contributions as the architect of India’s economic reforms have left an indelible mark: RBI Governor
Manmohan Singh’s contributions as the architect of India’s economic reforms have left an indelible mark, RBI new Governor Sanjay Malhotra said on Friday “I am deeply saddened on the passing away of former Prime Minister, Dr Manmohan Singh, a visionary economist and former RBI Governor. His contributions as the architect
How Manmohan Singh’s reforms empowered India Inc to fly high, compete globally and thrive
The era of Manmohan Singh, spanning his tenure as Finance Minister (1991-96) and Prime Minister (2004-2014), is being widely remembered for transformative industrial reforms that redefined corporate India. As captains of industry mourned the passing of Singh, regarded as the architect of India’s 1991 economic turnaround, they lauded his vision
CACP suggests mission mode approach for coconut replanting, rejuvenation programme to boost yield
The CACP has made a pitch for scaling up replanting and rejuvenation programme for coconut and implement it in a mission mode to improve the yields. It has also recommended that a comprehensive scheme like “Keragramam” started by Kerala should be prepared by all major coconut growing States for integrated
Amit Shah sets target for BBSSL to include 20,000 more cooperatives by 2025-26, focus on traditional seed preservation
Union Minister of Cooperation Amit Shah, while reviewing the performance of seed cooperative BBSSL (Bhartiya Beej Sahkari Samiti Ltd), has set a target to include 20,000 more cooperatives under its fold during 2025-26 and also asked it to preserve water-efficient traditional seed varieties. BBSSL , which was incorporated in 2024
Personalised pricing practices by online platforms call for regulatory intervention
The Union Minister of Consumer Affairs, Pralhad Joshi, has directed the Central Consumer Protection Authority (CCPA) to investigate allegations of differential pricing by cab aggregators. The investigation stems from claims that iPhone users are charged higher fares compared to Android users. This directive follows a post by senior journalist Sucheta