-Outlook Expressing concern over the recent tragedy in Uttarakhand, the Supreme Court today prohibited setting up of any new hydroelectric power project in the state and directed the Centre to constitute an expert body to study environmental degradation caused by such projects. The court directed the Ministry of Environment and Forests and the Uttarakhand government not to grant any further environmental or forest clearance for any hydroelectric power project until further orders. "We...
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GET READY FOR HIGHER FOOD PRICES
The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...
More »Poverty play -Jayati Ghosh
-Frontline Once more, without feeling: the government's latest poverty estimates. YET again the Central government has mired itself in controversy by releasing its latest poverty estimates based on the consumption expenditure survey of the NSSO (National Sample Survey Office) Survey of 2011-12. The Planning Commission's poverty line, using methodology suggested by the Tendulkar Committee in 2010, is now apparently defined as the spending of Rs. 27.20 per capita per day in rural...
More »Maoist violence affects rural electrification in four states
-PTI New Delhi: Maoist violence in some districts of Chhattisgarh, Jharkhand, Odisha and Bihar has impeded the progress of rural electrification, the Centre admitted in the Lok Sabha today. Power Minister Jyotiraditya Scindia said while progress of rural electrification work in the country under Rajiv Gandhi Grameen Vidyutikaran Yojna (rural electrification scheme) is "generally satisfactory, the progress in some states is "comparatively slow" due to law and order and Maoist violence, and...
More »Demystifying Indian poverty line -Gaurav Choudhury
-The Hindustan Times * What is a poverty line? The poverty line defines a threshold income. Households earning below this threshold are considered poor. Different countries have different methods of defining the threshold income depending on local socio-economic needs. * Who brings out the poverty estimates in India? The Planning Commission releases the poverty estimates in India. * How is it measured? Poverty is measured based on consumer expenditure surveys of...
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