-The Indian Express Rural areas have shown a faster pace of decline as poverty levels dipped by over seven percentage points in the past five years in the country. As per Planning Commission estimates released on Monday, Himachal Pradesh, Madhya Pradesh, Maharashtra, Orissa, Tamil Nadu, Karnataka and Uttarakhand are among the top performers, with the decline in poverty in each of these states estimated at 10 percentage points or more between 2004-05...
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Debate on poverty of poor quality, says Basu
-The Business Standard Terming the debate over poverty numbers of a poor quality, chief economic advisor in the finance ministry Kaushik Basu today said even if different yardsticks were adopted, roughly the same conclusions would be drawn on decline in the number of people below the poverty line, between 2004-05 and 2009-10, as was estimated by the Planning Commission. The decline in the number during the period was the sharpest in any...
More »In whose welfare?-Gaurav Choudhury
One man’s fiscal problem is another man’s lifeline. Trigger happy bureaucrats and economists may love shooting down subsidies because it bloats the fiscal deficit and burdens the government but the simple fact is that in a one billion strong nation, in which nearly one in every three live below the poverty line, one needs an effective and efficient method through which privileged tax payers can support the poor. Last week, finance...
More »Lesser poor people in India now, suggests new poverty line-Rupashree Nanda
If you could spend more than Rs 28 per day and lived in a town, or Rs 22 per day and lived in a village, you were above the poverty line. This is Planning Commission's new poverty line for the year 2009-2010. According to its most recent estimates, 52 million people moved out of poverty between 2005 and 2010. For rural areas, poverty is down from 42% to 33% while for...
More »Poverty data: World Bank says no plan to trim lending to India
-PTI The World Bank will not reduce financial assistance to India for poverty alleviation measures because of the recent official data that showed a decline in the number of poor people in the country. The international funding agency takes a long-term view on its commitments and the poverty data released on Monday will not have any bearing on that commitment, World Bank Country Head, Mr N. Roberto Zagha, told PTI on the...
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