An unnecessary controversy has been started by the release of the poverty estimates of 2009-10 by the planning commission. The controversy, which was entirely avoidable, was allowed to go on because of the poor handling of the issue by the planning commission. It is unfortunate that the planning commission was less than willing to own the Tendulkar committee report which was submitted in December 2009 and accepted by the commission...
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Govt plans to regulate pyramid marketing-Appu Esthose Suresh & Vidhi Choudhary
The Economic Intelligence Council will discuss the issue when it meets at the end of this month The government is likely to form a central agency to regulate so-called multi-level marketing (MLM) schemes after the Economic Intelligence Council found they had become a “preferred” mode of fraud. In the wake of an increasing number of economic offences, the United Progressive Alliance government has also decided to set up a multidisciplinary school...
More »Delhi's irony: Urban Poverty-Srinand Jha
Each time 25 year old Salma takes her one year old son Zubair to the Batla Clinic (a private clinic in Delhi) for a shot of the DPT, the cost of transportation and the vaccine adds up to approximately Rs.500. When it is time for Zubair to take the next immunization dose, Salma may find that the expenses have entirely spiraled out of her reach. New vaccines and expensive brands of baby...
More »New methods needed to answer old controversy in poverty measurement-Sreelatha Menon & Indivjal Dhasmana
The professional divide on Tendulkar's estimation goes a long way back A committee is being set up to devise yet another methodology to estimate poverty in India. The step has led to some unhappiness among economists and experts that it amounts to junking the services and competence of an expert like the late Suresh Tendulkar, whose study is sought to be replaced. Under pressure from all sides over its estimate of people...
More »Poverty rate fell due to liberalisation, say experts
-The Business Standard Rising per capita income and growth have reduced poverty among all classes, including socially-disadvantaged classes. Though there are skeptics who argue that growth has bypassed the socially disadvantaged classes, the analysis of National Sample Survey (NSS) data proves otherwise. But, high prevalence of poverty in the states where more SC, ST populations are living still remains same. A Columbia University, USA, study that had analysed the NSS figures from...
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