-The Times of India Jayati Ghosh is an economist specializing in globalisation and employment in developing nations. Speaking with Ashish Yechury, Ghosh discussed the controversy over defining poverty, ideas about economic growth - and a season of 'Marie Antoinette' economists: * What's your view of India's poverty line? It's very good the media's realised our poverty line is ridiculously low. These lines were developed 40 years ago in a very different social,...
More »SEARCH RESULT
Cut Off At The Bottom -Raghav Gaiha
-Outlook The anti-poverty programme politics dictate that the number of poor are kept low. I don't think the Planning Commission's poverty numbers are credible for several reasons: growth has decelerated; NREGA hasn't been as successful in targeting the poor as generally asserted; nor has the PDS benefited the poor significantly. The first phase of the UPA saw some macroeconomic reforms but not the second phase. Also, the poverty lines worked out...
More »Poverty line low, need to revisit methodology, says Montek Singh Ahluwalia
-The Economic Times NEW DELHI: Planning Commission deputy chairman Montek Singh Ahluwalia on Monday admitted that the latest poverty estimates released last week is indeed low and needs to be revised upward. The commission said last week that only 21.9% of the population was poor, based on a per capita spending of 33.33 day in cities and 27.20 rural India, causing widespread outrage for being too low. "As the country becomes richer and...
More »The dishonesty in counting the poor-Utsa Patnaik
-The Hindu The Planning Commission's spurious method shows a decline in poverty because it has continuously lowered the measuring standard The Planning Commission has once again embarrassed us with its claims of decline in poverty by 2011-12 to grossly unrealistic levels of 13.7 per cent of population in urban areas and 25.7 per cent in rural areas, using monthly poverty lines of Rs. 1000 and Rs. 816 respectively, or Rs. 33.3 and...
More »Ashish Bose, noted demographer interviewed by Somesh Jha
Ashish Bose coined the term BIMARU in a paper to then prime minister Rajiv Gandhi in the 1980s to highlight the economic backwardness of Bihar, Madhya Pradesh, Rajasthan and Uttar Pradesh. He tells Somesh Jha he is not inspired by the Planning Commission’s bogus poverty figures. He says it is time the commission wound up. Excerpts: * You coined the term 'BIMARU', but these states performed well in alleviating poverty in...
More »