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Formula to cut inflation by Sreelatha Menon

When activists of the Right to Food campaign attacked Planning Commission Deputy Chairman Montek Singh Ahluwalia over the Rs 32 per capita per day cut-off for poverty line, Vijay Jawandhia — a farm activist from Vidarbha — asked a counter question: “Why are you happy with a minimum wage of Rs 100 per labourer per day under the National Rural Employment Guarantee Act (NREGA), when salaries have been revised several...

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Poverty politics by Swarn Kumar Anand

The Planning Commission’s poverty line affidavit has exposed how blissfully ignorant the glorified economists of the UPA are of the true reality of India The 2G spectrum scam, Commonwealth Games loot, cash-for-vote bribery, Lokpal fiasco, Pranab-Chidambaram duel on the Finance Ministry note, and the count goes on. It seems the UPA-II is stuck in a rut.  As if the battering by the united Opposition and hauling over the coals by civil...

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Who are the poor?

-The Hindu   The controversy over who in India is ‘poor’ enough to receive state support has been partially laid to rest. A joint statement by the Deputy Chairman of the Planning Commission and the Minister for Rural Development has declared that data collected by the Socio-Economic Caste Census (SECC), 2011 will be the basis for identifying those deemed eligible for entitlements under various central government programmes. India’s official poverty estimates based...

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India needs to curb food wastage to tackle inflation: World Bank

-The Hindu Business Line   Input subsidy expenses not contributing to boost productivity The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation. In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes...

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A cunning Plan by Indrajit Hazra

I hear that the Planning Commission is planning to push the poverty line down a few notches so that a lot of folks can now come out bobbing up to the surface. This is being considered not out of some malicious attempt to make really poor people look just plain poor so that the real estate price in your area goes up that wee bit, but to “ensure the adequacy...

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