Real wages in the hinterland have stagnated despite zooming economy While the economy has zoomed along at an average of 7.2% of GDP in the last decade, real wages in the hinterland have stagnated. You would imagine that after a decade of impressive economic growth averaging around 7.2 per cent, rural populations would be beneficiaries to this story. However, wage patterns considered over the last ten years show that real wages (wages...
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The Poverty Line – yours, mine and ours by Patralekha Chatterjee
Discussing the ‘poverty line’ has become a bit like talking about sex or death. Everybody has a view on it. And no two persons have the same view. The planning commission, members of the national advisory council, the rural development minister, assorted chief ministers, social scientists, economists, the media, the bloggerati — all have made their points loud and clear. However, such is the topic that it continues to trigger verbal...
More »Montek Ahluwalia on his knees, amends poor remarks by Neeraj Thakur
India’s poor can take heart — for there’s justice even in this world, despite and in spite of the Planning Commission. Planning Commission deputy chairman, and expert on poverty, Montek Singh Ahluwalia, has gotten off his high horse. Ahluwalia said on Monday that a new committee would be set up to come up with a fresh method to identify India’s poor. Last week the Commission had filed an affidavit in the...
More »Poverty politics by Swarn Kumar Anand
The Planning Commission’s poverty line affidavit has exposed how blissfully ignorant the glorified economists of the UPA are of the true reality of India The 2G spectrum scam, Commonwealth Games loot, cash-for-vote bribery, Lokpal fiasco, Pranab-Chidambaram duel on the Finance Ministry note, and the count goes on. It seems the UPA-II is stuck in a rut. As if the battering by the united Opposition and hauling over the coals by civil...
More »Land for landed by NC Saxena
The 12th Plan Approach Paper looks upon land more as raw material for mining and industrialisation than as a source of livelihood for the poor. DESPITE a fast economic growth, more than 60 per cent of the population of India is still dependent on land. The 12th Plan Approach Paper, however, looks upon land not as a source of livelihood for the poor but as raw material for mining and industrialisation....
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