-The Hindu Policymakers must continue to follow the twofold strategy of letting the economy grow fast and attacking poverty directly through poverty alleviation programmes In June 2012, the government of India appointed a committee to take a new look at the methodology for measuring poverty. The committee submitted its report towards the end of June 2014. The purpose of this article is to briefly explain the approach taken by this committee. Growth is...
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Fresh row over the poverty line -Kathyayini Chamaraj
-The Deccan Herald The poverty line continues to be a conundrum. The fixing of the poverty line at Rs 47 for urban areas and Rs. 32 in rural areas per capita per day by the latest Rangarajan committee report, based on a person or family's spending per day (called ‘consumption expenditure') has again drawn vociferous criticism. All these years, this all important line has not been fixed in a rational manner, rendering...
More »Still smug about the high growth years? -Ashoak Upadhyay
-The Hindu Business Line Drop the euphoria for a moment - a third of India is seriously poor. And urban poverty has risen sharply The latest report on the number of poor Indians shows a third of the population living below the recalibrated poverty lines. C Rangarajan, a former governor of the Reserve Bank of India and former chairman of the Prime Minister's Economic Advisory Council, was asked to look into the matter...
More »Addressing Climate Change and Sustainable Energy is Crucial to Meet India’s Energy Shortage
-The United Nations (Press Release) New Delhi - "While India has made major progress in the supply of electricity and modern forms of energy, a large part of the population still lives in a state of energy deprivation," said Dr. R.K. Pachauri, Director-General, The Energy and -Resources Institute (TERI) and Chairman of the Intergovernmental Panel on Climate Change (IPCC). Dr. Pachauri was delivering the third United Nations Public Lecture in New Delhi...
More »India's non-solutions for reducing inequality-Rajiv Shastri
-The Business Standard Or, why our subsidy and tax policies have been almost exactly wrong Thomas Piketty's seminal book on inequality, Capital in the Twenty-First Century, comes at a fortuitous time. Although inequality has been a well-discussed issue in India for some time now, the success of the book contributes by sharpening the debate. It complements the McKinsey Global Institute's (MGI) report titled "From poverty to empowerment: India's imperative for jobs, growth,...
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