One man’s fiscal problem is another man’s lifeline. Trigger happy bureaucrats and economists may love shooting down subsidies because it bloats the fiscal deficit and burdens the government but the simple fact is that in a one billion strong nation, in which nearly one in every three live below the poverty line, one needs an effective and efficient method through which privileged tax payers can support the poor. Last week, finance...
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Raj fares well, registers 9% decline in poverty-Anindo Dey
No. Of People Below Poverty Line Dips To 24.8% From 34.4% In Rajasthan, if you earn more than Rs 846 per month (Rs 28.20 per day) in urban areas and Rs 755 per month (Rs 25.16 per day) in rural areas, then you are not below poverty line. The data was released by the Planning Commission on Monday. This is a jump from Rs 568.15 per month (Rs 18.93 per day)...
More »Planning Commission to set up new group to rework Suresh Tendulkar's poverty math soon
-The Economic Times The country's main planning body on Thursday said it will take a re-look at the just-released poverty figures, which have drawn widespread criticism for its criteria and even elicited concern from the prime minister. The Planning Commission said it will set up a new technical group in the next three months to re-visit the Suresh Tendulkar methodology of estimating poverty and devise a new measure of poverty that will...
More »Govt scraps Planning Commission's poverty formula
-The Times of India The Centre on Thursday junked the Planning Commission's poverty definition with PM Manmohan Singh saying that there was a need to devise another method. "We need a multi-layered approach to assess poverty estimates. The Tendulkar Committee estimates have been followed for 30 years but not an inclusive estimate. It (Tendulkar report) is not satisfactory," Singh said on the sidelines of the Padma Awards function. A new team will devise...
More »In 2012, Manipur worst hit by terror-Prabin Kalita
-The Times of India Manipur is worst affected by militancy in the country, overtaking J&K and other northeastern states. Mizoram and Tripura are among the most peaceful states. Replying to a question in the Lok Sabha on Tuesday, minister of state for home Jitendra Singh said 246 militancy-related incidents occurred in Manipur in the first three months of 2012. During that period, 34 such incidents occurred in J&K. This year, 21 militants,...
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