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This expensive bulb is fused-Surya P Sethi

-The Hindu Universal electrification will remain a dream unless the government fixes the flaws in its much vaunted scheme to provide power to rural India In his Independence Day speech, the Prime Minister made the statement that “when the UPA Government came to power in 2004, we had promised that we would provide electricity to all villages.” He then went on to say: “Our next target is to provide electricity to each...

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Poverty declines to 26%, says Montek

-The Financial Express Poverty in India has come down to 26 per cent as per the latest data of household expenditure prepared by the NSSO for 2011-12, the Planning Commission said today. "Many of the academicians...said that poverty in 2011-12 using the Tendulkar line would probably be around 26 per cent or little more than that which is much lower than what it was in 2000, " Planning Commission Deputy Chairman Montek...

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RURAL URBAN GAP SHRINKS BUT INEQUALITY RISES

The much awaited results of the National Sample Survey have once again spilled the beans about India’s effort in fighting poverty. The provisional results of the 68th Round of National Sample Survey (NSS) of household consumption expenditure (which is often taken as a proxy for income) finds that the average monthly per capita expenditure (MPCE) at current prices in urban areas (Rs. 2401.68) is 1.87 times more than the average...

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For real inclusion, agriculture and not just the economy must grow fast

-The Economic Times The latest consumption figures from the National Sample Survey Organisation show that Rural Consumption grew 18% in the two years to 2011-12.  Poverty fell by roughly 7% in villages and 1% in towns. The town-country gap in incomes narrowed. This is welcome but needs to be qualified. 2009-10 was a drought year, depressing consumption and thereby exaggerating the improvement registered two years later.  Over a longer seven-year period, between 2004-05...

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The bottom line

-The Indian Express New NSS data affirms that GDP growth remains the best way to tackle poverty Amid the pervasive economic gloom, provisional data from the 68th round of the National Sample Survey Office’s just-concluded household consumer expenditure survey offers a sliver of good news. According to it, average inflation-adjusted expenditure for July 2011-June 2012 rose by about 4.5 per cent in two years, with the poorest 10 per cent of the...

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