-The Times of India Jayati Ghosh is an economist specializing in globalisation and employment in developing nations. Speaking with Ashish Yechury, Ghosh discussed the controversy over defining poverty, ideas about economic growth - and a season of 'Marie Antoinette' economists: * What's your view of India's poverty line? It's very good the media's realised our poverty line is ridiculously low. These lines were developed 40 years ago in a very different social,...
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Poverty line low, need to revisit methodology, says Montek Singh Ahluwalia
-The Economic Times NEW DELHI: Planning commission deputy chairman Montek Singh Ahluwalia on Monday admitted that the latest poverty estimates released last week is indeed low and needs to be revised upward. The commission said last week that only 21.9% of the population was poor, based on a per capita spending of 33.33 day in cities and 27.20 rural India, causing widespread outrage for being too low. "As the country becomes richer and...
More »The dishonesty in counting the poor-Utsa Patnaik
-The Hindu The Planning Commission's spurious method shows a decline in poverty because it has continuously lowered the measuring standard The Planning Commission has once again embarrassed us with its claims of decline in poverty by 2011-12 to grossly unrealistic levels of 13.7 per cent of population in urban areas and 25.7 per cent in rural areas, using monthly poverty lines of Rs. 1000 and Rs. 816 respectively, or Rs. 33.3 and...
More »This bill won’t eat your money -Sabina Alkire
-The Hindu The expenditure on providing food security will add minimally to India's public spending which is less than what even lower middle income Asian countries spend on social protection In recent media coverage, critics often argue that the cost of the National Food Security Bill (NFSB) is excessive. The Economic Times referred to the NFSB as a "money guzzling measure" and according to CNBC-TV18, Rahul Bajaj, chair of Bajaj Auto, said...
More »Urban Sikhs face highest unemployment -Mahendra Singh
-The Times of India NEW DELHI: Unemployment was highest among Sikhs living in cities and towns during 2009-10 while the rate of joblessness showed a downward trend for Muslims in both urban and rural areas, a government survey released this month has revealed. Muslims had the lowest per capita spending, according to the National Sample Survey Organization (NSSO), which in its 2009-10 survey put out a new report on employment trends for...
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