-Outlook The anti-poverty programme politics dictate that the number of poor are kept low. I don't think the Planning Commission's poverty numbers are credible for several reasons: growth has decelerated; NREGA hasn't been as successful in targeting the poor as generally asserted; nor has the PDS benefited the poor significantly. The first phase of the UPA saw some macroeconomic reforms but not the second phase. Also, the poverty lines worked out...
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You are among the top 5% if you live in a village and spend Rs. 3,000 a month-Rukmini S
-The Hindu The National Sample Survey Organisation's newest set of consumption expenditure data for 2011-12 gives an insight into how those across the spectrum, from the poorest to the richest, live in different parts of India. For one it's clear that we are not talking about a rich country. An individual who spends over Rs. 2,886 per month in a rural area or Rs. 6,383 per month in an urban area is...
More »Measuring poverty: How the world counts its poor -Gaurav Choudhury and Chetan Chauhan
-The Hindustan Times What does it mean to be poor across the world? It means different things in different countries depending on the definition of the poverty line-an income threshold below which families are considered poor. In most of Europe, a family with a net income of less than 60% of the "median net disposable income" - a broad measure of the national average income net of taxes income - is counted...
More »Facing flak, govt to revise poverty line benchmark
-The Times of India NEW DELHI: The government will soon revise the contentious poverty line upward from Rs 27.20 in rural areas and Rs 33.40 in urban areas after it receives the report of the Rangarajan committee that is examining the validity of the current yardstick. Minister of state for planning Rajeev Shukla told TOI the government was in the process of re-evaluating the poverty line in a bid to make it...
More »Income disparity between rich and poor growing rapidly -Subodh Varma
-The Times of India NEW DELHI: Everybody knows that there is a chasm between the rich and the poor. But can it be measured? And, more importantly, is this disparity between the rich and poor growing or coming down? New data based on consumption expenditure surveys shows that income disparity is growing and at a rapid clip. Spending and consumption by the richest 5% zoomed up by over 60% between 2000 and...
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