-The Hindu Business Line Drop the euphoria for a moment - a third of India is seriously poor. And urban poverty has risen sharply The latest report on the number of poor Indians shows a third of the population living below the recalibrated poverty lines. C Rangarajan, a former governor of the Reserve Bank of India and former chairman of the Prime Minister's Economic Advisory Council, was asked to look into the matter...
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Poverty estimates trigger debate
-The Telegraph C. Rangarajan today defended his calculation that three out of 10 in India are poor, saying the poverty numbers provided by him were not conservative estimates and the methodology was on a par with global standards. The expert group headed by Rangarajan dismissed the Suresh Tendulkar committee's methodology and estimated that the number of poor in India was much higher in 2011-12 at 29.5 per cent of the population. The BJP-led...
More »Get over the growth fetish -Ashish Kothari
-The Hindu Business Line Perpetual growth is a piece of nonsense. The focus should be on protecting livelihoods through sustainable means Construct a building, demolish it, reconstruct, break it down again, and go on repeating this meaningless exercise. You will have economic growth, as currently measured. But no net gain in employment during the endless cycle of construction and demolition, no net increase in productive capacity, and no appreciable change in poverty...
More »Poverty count: Chhattisgarh worst off; Orissa and MP follow
-The Indian Express Goa, with just 6.3% of its population under the poverty line, tops the list: Panel. Nearly half of Chhattisgarh's population has been estimated to be below the poverty line, according to the new definition of poverty. In contrast, Goa, with just 6.3 per cent of its residents under the poverty line, tops the list of states with the lowest poverty count. The findings are a part of the new poverty estimates...
More »Even Rangarajan couldn't bring India's poor to BRICS standard
-The Hindustan Times India's national poverty line continues to be the lowest among the BRICS countries, even after the upward revision recommended by the panel headed by former RBI governor C Rangarajan - Rs. 32 per capita per day in rural areas (Rs 11,660 a year) and Rs. 47 per capita per day (Rs 16,884 a year) for urban areas. In dollar terms, it works out to $194 per capita annually for...
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