In a significant move, prominent economists on Monday made a forceful plea to delink food entitlements from the “faulty” poverty measures put out by the Planning Commission. Asserting that under-nutrition was much more widespread in the country than income poverty “however defined,” the economists sought restoration of the universal Public Distribution System (PDS) “as the best way forward'' in combating hunger and poverty. “This is not only feasible within the available fiscal...
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A cunning Plan by Indrajit Hazra
I hear that the Planning Commission is planning to push the poverty line down a few notches so that a lot of folks can now come out bobbing up to the surface. This is being considered not out of some malicious attempt to make really poor people look just plain poor so that the real estate price in your area goes up that wee bit, but to “ensure the adequacy...
More »Subsidising through prices: A bad idea by Bibek Debroy
The acronym LPG has several expansions. It stands for liquefied petroleum gas. It stands for liberalisation, privatisation and globalisation, a term of abuse used by those with Leftwing persuasions. It stands for life plundered by the government, sentiments associated with those who are against state intervention, but increasingly felt by the so-called middle class - however defined - because of price hikes, and proposed price hikes, for petroleum products. Ostensibly, price...
More »Playing with numbers, and lives by Brinda Karat
The Planning Commission, headed by the prime minister, has filed an affidavit in the Supreme Court quantifying the daily poverty line for an adult as Rs 26 in rural, and Rs 32 in urban India. At today’s relentlessly increasing prices, Rs 26 will not get a manual worker even one nutritious meal a day — leave alone the 2,400 calories he is required to eat to enable him to work,...
More »Agriculture in ruins by Devinder Sharma
Degraded soils, depleting groundwater, and chemical pesticides are playing havoc, placing agriculture in terrible distress. I haven’t forgotten that night. Sitting with a group of farmers in a village in Ludhiana district in Punjab, at the height of the Green Revolution, a farmer showed me a bag of fertiliser that he brought from the market. “Why are you showing me this bag”, I asked. “Wait”, he said, and began to open the...
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