Critics are wrong when they say poverty has not declined. However, they are right, unknowingly though, when they say that the Planning Commission has not been entirely forthcoming about how it arrived at the poverty estimates it put out last week. The commission seems to have quietly tweaked the consumption data for 2009-10 used to estimate poverty. Hence, not only has it undercounted the poor in 2009-10 by some 18 million,...

Trying—and failing—to live on the govt’s definition of ‘not poor’ Dietetics Of Poverty     Three cups of tea, adding up to about 150 calories     Two slices of bread (100 calories)     Two pieces of kulcha with chhole (about 425 calories)     Bread and tea hardly contain any nutrients. Milk may provide some calcium.     Near-starvation diets, with hardly any vitamins or minerals, can lead to a breakdown of muscles and weight loss over a...

-Bloomberg   World food prices will drop this year as increase in unemployment in developing and developed countries slows growth in demand, the United Nations said.   “We have started to see a decline in food prices,” Jose Graziano da Silva, director general of the UN’s Food and Agriculture Organisation, said at a conference in Hanoi on Thursday. World economic expansion will slow to 3.3% this year from 3.8% in 2011, according to the International...

The government plans to cut its subsidy bill to under 2% of the gross domestic product (GDP) in 2012-13, finance minister Pranab Mukherjee said in his budget speech on Friday. High crude oil prices and burgeoning fertilizer subsidies, primarily on account of imported non-urea fertilizers, have meant India’s subsidy bill has zoomed to Rs2.16 trillion, or 2.5% of the GDP. Mukherjee has set an ambitious target to reduce this to under 1.75%...

-The Hindu   5.6 per cent of the households now comprise single couple There is a quantum jump in the number of families going nuclear in Andhra Pradesh in just about a decade (2001-2011) with 75.6 per cent of the households now comprising single couple, indicating a major societal shift from the traditional joint family system, Census 2011has revealed. The rate at which families are turning nuclear in the State could be gauged from...