-The Economic Times Any estimate of poverty, more correctly of the poverty line that determines how many Indians live in poverty, is bound to be contentious. It is naive to believe that any estimate, whatever its methodology, will find unanimous acceptance.  Hence the decision to appoint yet another technical committee to estimate the poverty line will not achieve anything. It will merely buy the government time and deflect some of the criticism...

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...

The reduced allocation to the UPA government’s flagship rural programme NREGA could see revenue growth in the FMCG sector falter. Consumer staples firms have been relying on rural demand growth to bolster their top line but the reduced allocation to the Mahatma Gandhi National Rural Employment Guarantee Scheme (NREGA) for the financial year 2012-13 could see growth in FMCG sales in rural areas being crimped feel industry experts. Finance minister Pranab...

-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...

-The Economic Times Over the first five years of the UPA government, the number of India's poor fell from 37% of the population to a little less than 30% of the population and rural poverty fell faster than urban poverty did. A closer look at the numbers shows that states performed very differently when it came to poverty reduction through the years 2004-05 to 2009-10. States like Madhya Pradesh, Maharashtra and Orissa...