-Frontline Once more, without feeling: the government's latest poverty estimates. YET again the Central government has mired itself in controversy by releasing its latest poverty estimates based on the consumption expenditure survey of the NSSO (National Sample Survey Office) Survey of 2011-12. The Planning Commission's poverty line, using methodology suggested by the Tendulkar Committee in 2010, is now apparently defined as the spending of Rs. 27.20 per capita per day in rural...

-The Times of India NEW DELHI: The government will soon revise the contentious poverty line upward from Rs 27.20 in rural areas and Rs 33.40 in urban areas after it receives the report of the Rangarajan committee that is examining the validity of the current yardstick. Minister of state for planning Rajeev Shukla told TOI the government was in the process of re-evaluating the poverty line in a bid to make it...

-The Business Standard The latest suicide in Vidarbha underlines the need for flexible loan repayment norms for farmers Is it better to give compensation to dead farmers, or to provide loans and insurance to those who are alive? In the case of a majority of cotton farmers in Maharashtra, who are struggling against shrinking land size, production costs and debts, there is neither credit or insurance when alive nor compensation on death. Farmers caught...

-The Times of India In a major setback to special economic zone (SEZ) developers, finance minister P Chidambaram has turned down the commerce department's plea to cut the minimum alternate tax (MAT), which was imposed two years ago. A lower or no tax burden was cited as one of the main drivers for boosting investment in what were until recently duty-free enclaves. The commerce department had made a case for reversing Chidambaram's...

-Frontline How far will the proposed women's bank help marginalised sections when women's SHGs get little support and find it hard even to open accounts in public sector banks? WHILE the recent announcement of a women's bank in the Union Budget has been touted as a progressive measure for the financial inclusion of women, no concrete measures have been forthcoming to make all existing public sector banks sensitive to the needs...