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While the energy transition discourse is dominated by macro-economic transition questions such as phasing down of coal and ramping up of renewable energy generation, it is equally important to understand and analyse the transition implications and impacts at the household level. In this piece, the energy transition question is studied by analysing the changing expenditure pattern and structure on both energy and non-energy related commodities and services at the household level, based on the recently published household consumption expenditure survey HCES 2022-23 ....
The average for the most well-off 5 percent in urban areas still falls short of Rs 21,000. One percent of India’s population is 14 million. A consuming class of 2 percent of the population would be roughly as large as Belgium and the Netherlands put together. Indians shouldn’t be happy with the statistical reduction in poverty. Growth in industrial demand and a mass market depends on growing purchasing power with the masses. A growth strategy, with special focus on education, making India’s youth employable and generating income at a high level of productivity, is needed ....
The demand for a fast rollout of 'One Nation-One Ration Card' grew stronger when the plight of migrant workers became visible to urban elites in the 2020 lockdown. Here are some of the challenges it faces. ....