The sharp drop in poverty estimates in the latest count has been attributed largely to the high growth over 2004-2010, but disaggregated state-level data does not seem to provide conclusive evidence. The national poverty count dropped to 29.8% in 2009-10 from 37.2% in 2004-05, but in states such as Bihar, Chattisgarh, Uttar Pradesh and even Punjab the decline was much less even though they reported a visible improvement in economic growth...
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Higher NREGA payouts stoking inflation fears
The wages under the government's flagship rural employment scheme have risen following adjustments for price rise, creating apprehension that this may add to the inflationary pressures by making farming more expensive. The government had early last year benchmarked wages under the Mahatma Gandhi National Rural Employment Guarantee Act to retail inflation to ensure a real wage of Rs 100 a day to workers seeking employment under the scheme. Under the first such...
More »Jobs for evaluators
-The Business Standard Searching for independent assessments of govt work The rural development ministry recently proposed “independent, real-time evaluation” of the government’s flagship social welfare and development programmes, a suggestion that deserves attention not just for its pros, but also for its cons. It is true that given the explosive growth in social sector spending, effective monitoring and evaluation are ever more important. The constant hum of charges that extra money is...
More »Cut in NREGA allocation may hit FMCG firms-Meghna Maiti
The reduced allocation to the UPA government’s flagship rural programme NREGA could see revenue growth in the FMCG sector falter. Consumer staples firms have been relying on rural demand growth to bolster their top line but the reduced allocation to the Mahatma Gandhi National Rural Employment Guarantee Scheme (NREGA) for the financial year 2012-13 could see growth in FMCG sales in rural areas being crimped feel industry experts. Finance minister Pranab...
More »Raj fares well, registers 9% decline in poverty-Anindo Dey
No. Of People Below Poverty Line Dips To 24.8% From 34.4% In Rajasthan, if you earn more than Rs 846 per month (Rs 28.20 per day) in urban areas and Rs 755 per month (Rs 25.16 per day) in rural areas, then you are not below poverty line. The data was released by the Planning Commission on Monday. This is a jump from Rs 568.15 per month (Rs 18.93 per day)...
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