In most of rural India, Rs 5000 is the highest wage, says Socio-Economic and Caste Census

July 4, 2015

New Delhi, Jul 4: The highest earning member in about three-fourths of all rural households in the country made less than Rs 5,000 per month, according to the Socio Economic and Caste Census (SECC) 2011 released on Friday.

Caste CensusAs per the Census data, there were 13.34 crore or 74.49 per cent households where "monthly income of highest earning household member" was below Rs 5,000 a month.

There were only 1.48 crore or 8.29 percent of rural households where the monthly income of such member was Rs 10,000 or more.

Further, the number of rural households with a salaried job was only 9.68 percent.

Of these, 5.02 percent were in government jobs, 1.12 percent were employed in public sector and the remaining 3.58 percent in private sector, the data said.

The Census was carried out in all the 640 districts of the country using 6.4 lakh electronic hand-held devices, the government said while releasing the socio-economic data for rural India.

Of the total 24.39 crore households in the country, 17.91 crore are in rural India.

According to a government release, the Ministry of Rural Development has taken a decision to use the SECC data in all its programmes.

"SECC data would have meaningful use in housing for all, education and skills thrust, MGNREGA, National Food Security Act, interventions for differently-abled, interventions for women-led households, and targeting of households/individual entitlements on evidence of deprivation, etc," it added.

Also, the Ministry of Rural Development, in consultation with states, is trying to implement a convergent and integrated poverty reduction plan with Gram Panchayats and deprived households as priority, the release added.

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February 21,2020

Nagpur, Feb 21: Former Maharashtra chief minister and senior BJP leader Devendra Fadnavis on Friday condemned AIMIM leader Waris Pathan's reported remarks that 15 crore Muslims are more than a match for the country's 100 crore Hindus, and asked the latter not to mistake the majority community's tolerance for weakness.

Pathan has been widely condemned for reportedly stating that "15 crore hain lekin 100 crore pe bhari hain".

He purportedly made these comments while addressing an anti-Citizenship (Amendment) Act rally in Kalaburagi in north Karnataka on February 16. The AIMIM leader has claimed he was quoted out of context.

Speaking to reporters in Nagpur, Fadnavis demanded an apology from Pathan and asked the Uddhav Thackeray government to take action.

"We condemn the statement made by Waris Pathan and demand an apology. In case he does not apologise, the state government must take action against him," he said.

Fadnavis said Pathan should understand that minorities were safe and enjoyed full freedom in India because 100 crore Hindus live in the country.

He said no one would dare utter such a statement in a Muslim-majority nation, adding that the "Hindu community is tolerant but its tolerance should not be mistaken for weakness".

"Pathan should apologise to the nation and the Hindu community," he said.

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January 7,2020

Jan 7: India’s monetary authority allowed banks to offer foreign-currency transactions outside of local market hours, a move aimed at boosting trading volumes at home.

Interbank deals, as well as those with customers in and outside India, can be undertaken by banks or their overseas branches and units at all times, the Reserve Bank of India said in a statement late Monday. It stopped short of saying whether the timing of the onshore over-the-counter market has been extended from the current 9 a.m. to 5 p.m.

The move is in line with recent recommendations to reverse the trend of the partially convertible rupee being traded more abroad than in India. London has overtaken Mumbai to become the top center for trading the rupee, adding to a sense of urgency among local authorities to deepen the onshore market.

Average daily volumes for rupee in the U.K. soared to $46.8 billion in April, a more than fivefold jump from $8.8 billion in 2016, according to a survey from the Bank for International Settlements published in September. That exceeded the $34.5 billion recorded in India.

Analysts say more trading abroad could amplify volatility in the domestic market and reduce the effectiveness of policy actions.

India’s decision comes as the London Stock Exchange Group Plc has started asking market participants if they want the bourse to function fewer hours, signaling it’s open to an argument driven by changing trading patterns and calls for a better work-life balance.

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March 27,2020

Srinagar, Mar 27: Over 180 people with undeclared recent travel histories have been traced and shifted into quarantine in Srinagar, officials said.
"COVID-19: Over 180 persons with undeclared recent travel histories have been traced and shifted into quarantine this past week in Srinagar. Some 200 more complaints are being verified. Just hoping no one is infected as it's just too hard to even imagine the possible consequences." Srinagar district administration tweeted.
The Ministry of Health and Family Welfare had earlier on Thursday reported 88 new COVID-19 cases, which is the highest in a single day, taking the total countrywide tally to 694.

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