A government report lends credence to the notion of “two Indias”, or the distinction between “India” and “Bharat” – a theme often debated in recent years. At a time when urban India is growing and policy makers have expressed clear preference for the trend, this report, by National Sample Survey Organisation (NSSO), brings India’s deep urban-rural divide into focus, showing disparities in scale and levels of expenditure and consumption and, equally...
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Poverty of measurement
-The Hindu The government has constituted one more expert group to re-examine the methodology for fixing a poverty line and estimating the incidence of poverty in the country. Changes in average incomes and consumption patterns over time may require review and revision of the approach currently in use. However, the last such review of the methodology originally recommended by the Lakdawala committee (1993) was undertaken after more than a decade by...
More »PM’s economic advisory council chief C Rangarajan hints at diesel, LPG price hike-Pradeep Thakur
C Rangarajan, chairman of the PM's economic advisory council, on Friday hinted at price corrections in both diesel and cooking gas over the next few months to send a strong signal to foreign investors and to ensure adequate capital flows. "I think it is necessary to act on prices of other petroleum products also," he told TOI. Rangarajan, a former RBI governor, said there was a proposal on dual pricing...
More »Fresh look at definition of ‘poor’
-The Telegraph The government today set up an expert committee to suggest a new methodology for determining who is poor and who is not, following widespread condemnation of its existing criteria last year. However, the five-member committee headed by C. Rangarajan, chairman of the Prime Minister’s Economic Advisory Council, will also examine the existing methodology, which was suggested by a previous expert panel formed under Suresh Tendulkar. Tendulkar’s methodology was solely based on...
More »On WHO agenda: a global vaccine action plan-Sonal Matharu
Health activists say new policy may not address the weaknesses in ongoing routine immunisation programmes and would flood poor countries with new vaccines When the global health leaders meet in Geneva from May 21 to 26 for the World Health Organization's 65th General Assembly, introducing new vaccines in the low- and middle-income countries would be high on their agenda. A “global draft vaccine action plan”, available on WHO's website, details the implementation...
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