-The Deccan Herald The poverty line continues to be a conundrum. The fixing of the poverty line at Rs 47 for urban areas and Rs. 32 in rural areas per capita per day by the latest Rangarajan committee report, based on a person or family's spending per day (called ‘consumption expenditure') has again drawn vociferous criticism. All these years, this all important line has not been fixed in a rational manner, rendering...
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Poverty ratio declines to 21.9 per cent
-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 presented by the Finance Minister Shri Arun Jaitely has asked policy makers to design and execute development strategies targeting the young population that was approximately 58 per cent in 2001 and will increase to more than 64 per cent in 2021. The Government has to take timely action to make people healthy, educated and adequately skilled. Social-sector expenditure Expenditure on social services...
More »Growth and reforms only way to reduce poverty -Mrityunjay Kumar
-Niti Central According to a report, the Rangarajan committee has retained consumption expenditure as the basis for determining poverty according to which the total number of poor in the country at 36.3 crore or 29.6 per cent of the population. After much public outcry over the UPA's poverty line, another expert panel headed by veteran economist C Rangarajan has come up with a report recommending that those who are spending more than...
More »Still smug about the high growth years? -Ashoak Upadhyay
-The Hindu Business Line Drop the euphoria for a moment - a third of India is seriously poor. And urban poverty has risen sharply The latest report on the number of poor Indians shows a third of the population living below the recalibrated poverty lines. C Rangarajan, a former governor of the Reserve Bank of India and former chairman of the Prime Minister's Economic Advisory Council, was asked to look into the matter...
More »Rangarajan committee report: 11 major states out of 20 have lesser percentage of poor than Gujarat -Rajiv Shah
-Counterview.net Latest report on measuring poverty authored by a committee headed by former Reserve Bank of India (RBI) governor C Rangarajan, has found that as many as 11 major Indian states out of 20 have fewer percent of poor than Gujarat. Submitted to the Modi government as a plea to come up with a new poverty criterion that takes into account "public expenditure that is being incurred in areas like education,...
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