The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...

The management of food and poverty in India is getting increasingly unreal. On the one hand, the country has a bumper harvest with every likelihood of the grain mountain to be procured adding to the existing mountain of official stocks. Without adequate storage space, a not-so-insignificant part of it will rot and go to waste. On the other hand, the government will not allow wheat exports until it is clear...

How does the government manage to keep the poverty line so low? Rather simple for the statisticians — they simply bring down the key parameter — amount of food one should have to stay alive. Earlier, the Planning Commission stipulated 2,100kilo calories per day per person in the cities and 2,400 kcalories per day per person was the minimum required to survive. Now consuming 1,800 kcalories per day is enough,...

-The Economic Times   Everyone knows poverty is rampant in India, but nobody knows exactly how many of us are poor. That's because we've tried to count the poor many times with different assumptions, and come up with widely different numbers. In 2004-05, the Planning Commission reckoned that only 27% of Indians were poor. This was debunked by a committee headed by Suresh Tendulkar in 2009, which pegged the number of poor...

A spoon, 25 grams of dal, half a slice of bread, some washing powder and a torn piece of kurta, in total worth Rs 20. That is what three key National Advisory Council members -- Jean Dreze, Aruna Roy and Harsh Mander -- brought for the deputy chairman of Planning Commission Montek Singh Ahluwalia on Monday protesting against the Rs 20 per day person expenditure poverty line it has decided...