-The Economic Times Data released by the Planning Commission on Monday showed that poverty had significantly declined between 2004-05 and 2009-10. The catch is that this decline is based on a poverty line that is even lower than the earlier Rs 32-per-day mark that had triggered an outrage when the government submitted it to the Supreme Court.  The new estimates are based on a poverty line that averages Rs 672.8 per month...

-Reuters   Cheap generic drugs were meant to change the life of Nandakhu Nissar, whose mouth is swollen by a cancerous tumour. But the cashless and hungry 55-year-old sleeps on a pavement staring up at the windows of Mumbai's biggest cancer hospital.  "What is a generic drug?" shrugs Nissar, who has travelled over 1,500 kms (900 miles) from his home in the hope of treatment. "I have borrowed money from friends and relatives...

-The Telegraph Guwahati may be waiting for its Mercedes Benz debut but the state’s poor have become poorer in the past five years, with Assam and four other states of the Northeast recording a rise in poverty levels, Planning Commission figures revealed today. Assam now has 116.4 lakh persons living below the poverty line, Manipur 12.5 lakh, Meghalaya 4.9 lakh, Mizoram 2.3 lakh, Tripura 6.3 lakh, Nagaland 4.1 lakh and Arunachal Pradesh...

The Planning Commission had released a report, yesterday indicating reduced poverty line to Rs 28.65 per capita daily consumption in cities and Rs 22.42 in rural areas, scaling down India’s poverty ratio from 37.2 percent to 29.8 percent in 2009-10. Firstpost did an interview with Abhijit Sen, Member, Planning Commission. Here are excerpts from the interview: When we say there is a 7.3 percentage points (from 37.2 percent in 2004-05 to 29.8...

At a time when economic wisdom is seen as lying in allowing unrestrained play of economic power and cutting social sector spending, here is a report emphasising the economic sense in addressing hunger, especially child malnutrition. It also BRIngs out the positive impact of employment guarantee scheme, which has been a thrust area of the UPA government but has seen a cut in allocation in Budget proposals for 2012-13. The report...