It is time to separate people's real needs from the arbitrary assessments of poverty that have guided Indian governments India's poverty line has always been a matter of huge debate, but it was a discussion mostly confined to economists and policymakers. But the matter has now gone public, following a row about an affidavit from the planning commission to the supreme court of India, in which the official poverty line was...
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Right time to move decisively against corruption: PM
-PTI Underlining the urgency to fight corruption in public life, Prime Minister Manmohan Singh today said it is the right time to move decisively in this direction. "Our efforts for rapid progress and development can have their full impact only if we curb corruption in public life and improve the processes of governance. I believe this is the right time to move decisively in this direction," Singh said addressing the two-day Conference...
More »‘Diwali bonanza' to farmers, MSP up for rabi crops
-The Hindu The Union government on Tuesday announced an increase of Rs. 115 in the minimum support price (MSP) of wheat, which has been set at Rs. 1,285 a quintal for the 2012-13 rabi marketing season. The MSP for the previous year was Rs. 1,170 including a bonus of Rs. 50. Terming the increase a “Diwali bonanza to farmers,” Law Minister Salman Khursheed told journalists that the decision was taken at a...
More »Minimum support price on food items up, may fan inflation
-The Times of India Ahead of elections in Punjab and Uttar Pradesh, the government on Tuesday announced an increase of up to 39% in the support price for farm goods in what is being billed as a Diwali gift for farmers. But the move has raised fears of a further spike in food inflation, which crossed the 10% mark last week. While the smallest increase was in case of wheat, where the...
More »Much More Needed to Help the Poor by Jayati Ghosh
Today is the ''International Day for the Eradication of Poverty'', so it an appropriate day to note how necessary it still is to emphasise this concern among Indian policy makers. Sadly, lack of official awareness is evident in all sorts of recent policy measures, for example in the cynicism of increasing oil prices that feed into all other prices with cascading effects, even when inflation has already imposed huge burdens on...
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