-PTI Rejecting widespread criticism for pegging poverty line at Rs 28.65 daily consumption, Plan panel Deputy Chairman Montek singh Ahluwalia on Saturday asserted that the number of poor in the country has come down irrespective of the method of calculation. "..whatever poverty line you choose. The question is poverty in the country is going down. Some people have said that it is not correct..poverty is not going down..I reject that view...I categorically...

-The Pioneer The Planning Commission will constitute an expert group in three months to revisit the methodology for estimating poverty amid demand for removal of its Deputy Chairman Montek Singh Ahluwalia for pegging the poverty line at Rs 28.65 daily per capita consumption for cities and Rs 22.42 in rural areas. “The Government had taken a decision to set up a technical group to revisit the methodology for estimating poverty in a...

It will not work at cross purposes with the Abhijit Sen committee: Ashwani Kumar In a bid to address the rising concerns, within and outside Parliament, over the latest poverty estimates released by the Planning Commission, Prime Minister Manmohan Singh on Thursday declared that a technical group would be put in place to come up a new methodology to capture the incidence of poverty. Talking to reporters on the sidelines of a...

-The Economic Times Planning Commission Deputy Chairman Montek Singh Ahluwalia on Tuesday blamed faulty data provided by NSSO for the low poverty threshold in the country. The poverty line for 2009-10 has been pegged at Rs 29 per day per capita expenditure for urban population and at Rs 22 per day per person for rural population, which has invited widespread criticism. NSSO could be severely understating national consumption expenditure, Ahluwalia said. “Earlier, the NSSO...

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...