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India needs a more dynamic approach to define rural-urban areas by using technological indicators like night-time light intensity, the Economic Advisory Council to the PM (EAC-PM) has said. EAC-PM member Shamika Ravi in a working paper titled 'What is Urban/Rural India' also suggested that the government needs to establish 'trigger mechanisms' to automate the transition from rural to urban settlement after the prescribed threshold is reached. The EAC-PM also suggested that the government needs to revisit the assumption of creating schemes based on the rural-urban divide, which is a poor proxy for scarcity. "India needs a more dynamic approach to defining rural-urban areas, which includes technological indicators like night-time light intensity," Ravi said. As of December 2017, 'rural' is defined in relationship with 'urban'. Any settlement that is not considered 'urban' is automatically considered 'rural'. "Further, the government needs to establish "trigger mechanisms", which ...
NITI Aayog CEO Parameswaran Iyer on Thursday said that urbanisation is going to be the key as 50 per cent of India's population will live in urban areas by 2047. Addressing an event organised by industry body FICCI, Iyer said many states have done wonderful work in solid waste management. "Urbanisation is going to be the key. By 2047, 50 per cent of the population will live in urban areas, if you don't have basic services in urban areas, then it is going to be a big challenge," he noted. He said the circular economy is now also becoming increasingly important. Replying to a question on issues of cleanliness of India's tourist destinations, Iyer said," If you want to promote tourism in India aggressively, you better have clean places around, you better have better behaviour by tourists and by the locals." Most beautiful tourist destinations in India are littered.
Retirement planning is not the topmost priority for urban India but they worry that savings will not be enough to cover for old age life, with only one in three actively working to meet retirement goals, according to a study. Max Life Insurance in partnership with marketing data firm Kantar conducted a survey to assess the urban salaried class' readiness for content and financially independent retired life. About 90 per cent of people above the age of 50 years in the survey regretted not starting early enough in life to save for retired life. In its second edition, the survey finds the India Retirement Index Study (IRIS) remaining at 44, pointing there is a lag in preparedness over the last one year among the urban salaried class for retired life planning. Conducted through a self-administered digital manner, the survey involved 3,220 male as well as female respondents across 28 cities, of which 6 were metro cities and 12 tier I and 12 tier II cities. Life expectancy is consistent