The purpose of this piece is not to defend the Planning Commission on poverty figures but to indicate that the methodologies have evolved over time after considerable research and they are useful for policy purposes if not for linking with entitlement programmes (some of us have written earlier that the poor and vulnerable are more numerous than the commission's poverty figures and these should be delinked from entitlement programmes).  The commission...

The wages under the government's flagship rural employment scheme have risen following adjustments for price rise, creating apprehension that this may add to the inflationary pressures by making farming more expensive.  The government had early last year benchmarked wages under the Mahatma Gandhi National Rural Employment Guarantee Act to retail inflation to ensure a real wage of Rs 100 a day to workers seeking employment under the scheme.  Under the first such...

To get the Below Poverty Line figures in perspective, we need to closely monitor the numbers driving the Corporate Plunder Line. One Tendulkar makes the big scores. The other wrecks the averages. The Planning Commission clearly prefers Suresh to Sachin. Using Professor Tendulkar's methodology, it declares that there's been another massive fall in poverty. Yes, another (“more dramatic in the rural areas”). “Record Fall in Poverty” reads one headline. The record...

-The Telegraph The controversial poverty data from the Planning Commission has a message for Mamata Banerjee: the Marxists have brought down the number of destitute in Bengal but much more needs to be done. Latest data suggest that the number of poor has dipped by 7.5 percentage points in Bengal between 2004-05 and 2009-10, which covers the last five years of Left rule in the state. Poverty in urban areas in Bengal came...

In this year's budget, Union Finance Minister Pranab Mukherjee has essentially tried to consolidate the gains from the initiatives he had launched during the previous two budgets. Thus, in agriculture there is no new initiative except increasing the target for agricultural credit to Rs.5,75,000 crore during 2012-13. This represents an increase of over Rs.1,00,000 crore from last year. The interest rate of four per cent recommended by the National Commission...