The latest data of the Planning Commission indicates that poverty has declined to 32 per cent in 2009-10 from 37.2 per cent five years ago. The preliminary estimates are based on the formula suggested by the Tendulkar Committee for computing the number of poor. Planning Commission Deputy Chairman Montek Singh Ahluwalia on Wednesday told reporters that the 2009-10 data shows a decline in poverty from 37.2 per cent in 2004-05 to 32...
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Planning Commission may lower poverty estimates by Sangeeta Singh & Nikhil Kanekal
India’s apex planning body may cap national poverty at 32% for the purpose of calculating welfare benefits in the 12th Five-year Plan that starts on 1 April 2012, it said a day before a meeting with Prime Minister Manmohan Singh. The development comes on a day the Supreme Court asked Montek Singh Ahluwalia to respond why it should not strike down an earlier cap of 36% poverty after the government sought...
More »Anti-labour union by TK Rajalakshmi
The UPA-II government introduces with BJP support two anti-labour Bills, the Pension Bill and the Labour Laws Amendment Bill. ON March 24, the United Progressive Alliance (UPA) government managed to do what it had not been able to do in its first term – it reintroduced the Pension Fund Regulatory and Development Authority (PFRDA) Bill in Parliament with the support of the Bharatiya Janata Party. The objective of the Bill is...
More »First phase of Bihar panchayat polls peaceful
Barring stray incidents, voting is peaceful during the first phase of the Bihar panchayat polls being held amidst tight security today. Polling is being held at 12,905 booths spread over 37 districts for 28,639 posts of village chiefs, sarpanchs, gram panchayat members, gram kutchery panch, panchayat samiti members and district board members. There are 1.43 lakh candidates in the fray. People queued up at polling booths despite a boycott call by Maoists....
More »Investing in agriculture key to ending extreme rural poverty in South Asia – UN
South Asia continues to have the largest concentrations of poor rural populations despite the fact that the wider Asia-Pacific region has made major strides in combating poverty, a United Nations agency said today, stressing that agriculture is key to poverty alleviation. The study by the UN International Fund for Agricultural Development (IFAD), entitled Agriculture – Pathways to Prosperity in Asia and the Pacific, shows that rural poverty rates have dropped only...
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