-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...
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Planning Commission to set up new group to rework Suresh Tendulkar's poverty math soon
-The Economic Times The country's main planning body on Thursday said it will take a re-look at the just-released poverty figures, which have drawn widespread criticism for its criteria and even elicited concern from the prime minister. The Planning Commission said it will set up a new technical group in the next three months to re-visit the Suresh Tendulkar methodology of estimating poverty and devise a new measure of poverty that will...
More »Growth is necessary to remove poverty, and interventions like NREGA help
-The Economic Times Over the first five years of the UPA government, the number of India's poor fell from 37% of the population to a little less than 30% of the population and rural poverty fell faster than urban poverty did. A closer look at the numbers shows that states performed very differently when it came to poverty reduction through the years 2004-05 to 2009-10. States like Madhya Pradesh, Maharashtra and Orissa...
More »Food bill threat to fiscal discipline
-The Telegraph Annual expenses for the government’s food security programme have been estimated at Rs 112,205 crore, which will make it very difficult for the government to fulfill its commitments on checking fiscal deficit. Food and consumers affairs minister K.V. Thomas disclosed the massive bill on the programme today in the Rajya Sabha, though no mention of this was made in Friday’s budget. Finance minister Pranab Mukherjee had just said he would foot...
More »6.1K tonnes foodgrains reported to be damaged in 2010-11: Government
-PTI he government today said out of the 60 million tonnes of foodgrains distributed in the country in 2010-11 though the Public Distribution System (PDS), only 0.061 lakh tonnes were reported to be damaged. The total damage reported during 2010-11 was 0.061 lakh tonnes, out of the total 60 million tonnes distributed in the country in 2010-11, Minister of State for Foods and Public Distribution K V Thomas said in Rajya Sabha. He...
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