According to data released Monday by India’s Planning Commission, the number of people living in absolute poverty in India decreased by 12.5% between 2004-2005 and 2009-2010. India’s official poverty rate stands at 29.8%, or close to 350 million people using 2010 population figures, down from around 37.2% or 400 million previously. The announcement was based on an analysis of data gathered from roughly 100,000 households between July 2009 and June 2010,...
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Cheap generics no panacea for India's Poorest
-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...
More »Bihar's growth story has a Poor side-Rukmini Shrinivasan
That Bihar under Nitish Kumar grew at over 10% between 2004-05 and 2009-10 is now well-known. But data released on Monday shows that in the same period, the number of Poor in the state actually grew. During this five-year period, Bihar added 50 lakh people to the number of its Poor, by far the largest number of any Indian state in this period. A look at Planning Commission numbers for 2009-10...
More »Poverty line at 28.65: Planning Commission faces criticism for figures
-PTI Planning Commission today faced criticism inside and outside Parliament for its description of Poor and resultant fall in people below the poverty line with Opposition parties saying it was making a "dishonest" attempt to conceal reality through "fraudulent" estimates. BJP hit out at the government and the Planning panel for the conclusion that the number of people living below the poverty line has fallen by seven per cent, alleging that the...
More »India sees biggest dip in poverty, but 360 mn remain Poor-Chetan Chauhan
Rural people have driven India's record decline of 7.4 percentage points in the number of Poor since economic reforms were initiated in the early 1990s. The latest poverty estimates by the Planning Commission show that 29.8% or 360 million Indians were Poor in 2009-10 as compared to 37.2% or 400 million in 2004-05 — the difference being equal to the population of countries such as Spain, Argentina and Canada. The plan...
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