-The Hindu Business Line About two-fifths are never born, one-fifth goes missing in infancy and childhood, and remaining two-fifths do so between the ages 15 and 59 There are close to 4 million “missing” poor women in developing countries each year, says a new World Bank report. India accounts for one million of these women. Expressing deep concern at excess female mortality or “missing” females, World Development Report 2012: Gender Equality and...
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Spend Rs 32 a day? Govt says you can't be poor by Dhananjay Mahapatra & Nitin Sethi
The Planning Commission told the Supreme Court on Tuesday that anyone spending more than Rs 965 per month in urban India and Rs 781 in rural India will be deemed not to be poor. Updating the poverty line cut-off figures, the commission said those spending in excess of Rs 32 a day in urban areas or Rs 26 a day in villages will no longer be eligible to draw benefits...
More »40.74 crore people below poverty line, apex court told
-IANS The Planning Commission Tuesday told the Supreme Court that the below poverty line (BPL) population in the country is 40.74 crore and the poverty line for the urban and rural areas could be provisionally placed at Rs.965 per capita per month (around Rs.32 per day) and Rs.781 per capita per month (around Rs.26 per day), respectively. The Planning Commission in an affidavit said that the BPL population at present touched by...
More »Govt to make poverty line more realistic
-The Times of India Facing a political storm over its poverty line prescription, the government decided to revise the Rs 32 a day expenditure criteria for urban population (Rs 26 for rural) by factoring in the 2009-10 National Sample Survey Organization report on household spend. The pittance outlined in the Planning Commission affidavit before the Supreme Court left the government squirming as the BJP and Left attacked it for framing poverty guidelines...
More »Address supply side on food: World Bank
-The Business Standard Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...
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