-The Telegraph New Delhi: The Manmohan Singh-led UPA government can finally grab an official statistic to burnish its aam aadmi credentials. The percentage of people living below the poverty line has fallen to 21.9 per cent of the population in 2011-12 from 37.2 per cent in 2004-05 - the year that the Congress-led UPA stormed to power. The percentage of people below the poverty line has been estimated at 25.7 per cent in...
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The politics of cheap rice in Karnataka -ND Shiva Kumar & Narayanan Krishnaswami
-The Times of India With the state budget all set to be presented on July 12, TOI takes a hard look at the government's cheap rice scheme and its impact on politics and employment. Will cheap rice boil? Let's look at the math. Reducing the price from Rs 3 to Re 1 per kg will help a family save Rs 60 per month. Till now, poor families got rice from the Public Distribution...
More »Inequality re-emerges as a core concern, needs a new definition-Ali Mehdi
-The Economic Times What is... Inequality has re-emerged as a core concern in developing and developed countries alike, thanks to the growing gap and frustration of a section of the middle class and the rich vis-a-vis the super rich. A World Bank Policy Research Working Paper (No. 6259) by Branko Milanovic shows that the incomes of the global top 1 per cent and the emerging middle classes in developing countries rose dramatically between...
More »How GDP understates economic growth-Bill Gates
-The Guardian GDP may be an inaccurate indicator in sub-Saharan Africa, which is a concern for those who want to use statistics to help the world's poorest people Even in good financial times, development aid budgets are hardly overflowing. Government leaders and donors must make hard decisions about where to focus their limited resources. How do you decide which countries should get low-cost loans or cheaper vaccines, and which can afford to...
More »Cabinet nod to Bill for street vendors -Rakhi Chakrabarty
-The Times of India The Union Cabinet on Wednesday approved a legislation to protect the livelihood ofstreet vendors and provide them more legal vending space in urban areas. Once it becomes law, street vendors hoped it could shield them from unabated harassment and extortion by police and municipal officials. Anxious to regain confidence of aam aadmi ahead of 2014 general elections, the housing and urban poverty alleviation (HUPA) ministry has fixed...
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