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Not such a straight poverty line-R Ramakumar

-The Hindu There is absolutely no methodological relationship between the Tendulkar poverty line and the one dollar poverty line. Mihir Shah has defended the poverty line recommended by the Suresh Tendulkar Committee in 2009 in his article in The Hindu (editorial page, "Understanding the Poverty Line", August 5, 2013). Mr. Shah makes two claims. First, he argues that "Tendulkar [...] computed poverty lines for 2004-05 at a level that was equivalent, in...

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A food security ordinance that will stimulate food inflation is passing strange

-The Times of India The Parliament's monsoon session is only about a month away. That the Union cabinet has yet taken the ordinance route to implement the national food security Bill signals the scam-tainted UPA government's desperation to woo voters before the next general elections. But the hope that expanding what is already one of the world's largest food security programmes will boost political fortunes is hallucinatory. The exchequer is already...

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80% of working women have no investment say: Report -Partha Sinha

-The Times of India MUMBAI: Less than one in five single working women, excluding those divorced and widowed, take their own investment decisions, a recent all-India survey has found. Despite handling responsibilities at their workplace, they depend on parents and family members, friends and financial advisers when it comes to taking a call on money matters such as where and how much to invest. The reasons for this behaviour vary from...

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To End Extreme Poverty, Learn from a Small Village in India-Sri Mulyani Indrawati

-The World Bank blog "Five years ago, I was no one," said Kunti Devi to me, sitting up straight against the wall of her one-room mud hut in Bara, a small village in India's eastern state of Bihar. "Now, people know me by my own name, not just by the name of my children." I was sitting on the floor, across from Devi, a mother of eight, who belonged to one of...

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Haves and have-nots, chained by loss-Sanjay Mandal

-The Telegraph Bengal - Defrauded Many households in Calcutta have a domestic help or a driver who has lost money by investing in Saradha schemes - a common thread that has spun a perception that the poor are the sole victims of the sham company. But Sudipta Sen's promise of high returns had blurred the divide between the haves and the have-nots as well as the educated and the uneducated. Travels across the semi-urban...

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