-The Times of India NEW DELHI: India is home to the largest number of poor with one-third of the world's 1.2 billion extreme poor living here. It also had the highest number of under-five deaths in the world in 2012, with 1.4 million children dying before reaching their fifth birthday, according to the UN Millennium Development Goals report 2014. Poverty rates in Southern Asia fell from 51% in 1990 to 30% two...
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Subsidised wheat: CAG points out over Rs. 18 cr avoidable expenditure
-The Hindustan Times Chandigarh: The Comptroller and Auditor General of India (CAG) has pointed out an avoidable expenditure of Rs. 18.59 crore on giving subsidised wheat to more than 1.73 lakh ineligible below poverty line (BPL) card holders in Haryana between December 2011 and March 2013. The CAG report on social, general and economic sectors, tabled in the Haryana Vidhan Sabha on Monday, pointed out that the Haryana food and supplies department...
More »India needs more than Narendra Modi's trickle-down model -Maitreesh Ghatak
-The Guardian India's PM points to Gujarat as an emblem of economic success. But despite impressive growth, the state lags behind on welfare Narendra Modi has just unveiled his first budget after winning a massive electoral victory on a development platform. The budget presented last week has disappointed those who were expecting stronger signals about a pro-market shift in economic policy, as well as in the stock market. However, the budget has...
More »No going back on MGNREGA -Nikhil Dey and Aruna Roy
-The Indian Express The budget will reveal whether the BJP is committed to this transformative programme. Mohandas Pai, currently an advisor to the BJP government in Rajasthan, was asked on television how the government could "control" social sector expenditure, more specifically on the MGNREGA. He answered that the NDA should simply learn from and follow former Union minister P. Chidambaram's policy of "benign neglect". Clarifying further, he explained how the UPA...
More »Growth and reforms only way to reduce poverty -Mrityunjay Kumar
-Niti Central According to a report, the Rangarajan committee has retained consumption expenditure as the basis for determining poverty according to which the total number of poor in the country at 36.3 crore or 29.6 per cent of the population. After much public outcry over the UPA's poverty line, another expert panel headed by veteran economist C Rangarajan has come up with a report recommending that those who are spending more than...
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