-The Hindu Notional poverty line will stand at a per capita expenditure of around Rs. 50 per day in rural areas and Rs. 62 in urban areas While the Opposition pillories the Planning Commission for using a formal definition of poverty that ensures the percentage of people below the poverty line is lower than what it ought to be, the government has begun moving to a broader and more realistic de facto...
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Rs 27 per day: India's new rural poverty line
-Down to Earth New poverty estimate claims fastest ever decline in poverty during UPA's regime The Planning Commission has declared the new poverty line for rural and urban areas. It is Rs 27 a day for rural areas and Rs 30 a day for urban areas. Just a year ago when the Commission suggested a poverty line of Rs 22 a day for rural areas, there was a national outrage over it. Subsequently,...
More »Bhagwati versus Sen: What's going on?-Mihir S Sharma
-The Business Standard 7 things you should know in the Bhagwati vs Sen slugfest Jagdish Bhagwati and Amartya Sen are the two Indian economists who are most respected for their work. Both have worked on a broad spectrum of issues, though Sen is best known for his work on public choice and development and Bhagwati for his work on trade. They are both liberal, neoclassical economists, who support deregulation and disapprove of...
More »Steep drop in number of poor gifts UPA talking point, raises eyebrows
-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...
More »Who is dividing society on caste lines? SC asks -Dhananjay Mahapatra
-The Times of India NEW DELHI: Finding tension still simmering in Haryana's Mirchpur village more than three years after dalit houses were torched resulting in a handicapped girl and her father getting burnt to death, the Supreme Court on Monday asked the state, "Who is dividing society on caste lines?" The Haryana government's counsel answered, "The powerful and those in power." The question from a bench of Justices G S Singhvi and V...
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