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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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Every poor family may get a mobile-Mahendra Kumar Singh

-The Times of India In what could turn out to be its calling card for the 2014 general elections, the government is finalizing a Rs 7,000 crore scheme to give one mobile phone to every family living below the poverty line. Sources in the PMO said the scheme—Har Hath Mein Phone—expected to be announced by PM Manmohan Singh on August 15, will not only aim to give away mobiles to around six...

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Rural expenditure up by 33 per cent: NSSO-Richard Mahapatra

-Down to Earth Around 83 million rural people still live on less than Rs 20 a day In just two years, rural India's household expenditure has increased by more than 30 per cent, according to the latest household consumer expenditure survey by the National Sample Survey Office (NSSO). Household consumer expenditure is being used as a proxy to decide the income of households. The results, declared on July 31, suggest a big...

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Inequality rising in India, shows data on spending-Nitin Sethi

-The Times of India India's growth story is undeniable. But the 68th National Sample Survey Organization's (NSSO) findings seem to reaffirm that the benefits from this boost in the economy have been cornered by the upper crust, while the poorest continue to languish in near destitution. Compared with the previous survey, which was conducted in 2009-10, the monthly expenditure of the poorest 10% population in rural India has risen by only...

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Food Security Bill to include 70% Indians

-The Business Standard The government has in principle decided to expand the coverage of population under the proposed Food Security Bill to include almost 70 per cent of Indians, who will have the legal right to cheap food, against the earlier proposal of 64 per cent of the same. It will also end the below and above poverty line (BPL and APL) demarcation, prevailing in the current public distribution system (PDS). However,...

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