-The Economic Times Data released by the Planning Commission on Monday showed that poverty had significantly declined between 2004-05 and 2009-10. The catch is that this decline is based on a poverty line that is even lower than the earlier Rs 32-per-day mark that had triggered an outrage when the government submitted it to the Supreme Court. The new estimates are based on a poverty line that averages Rs 672.8 per month...
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Poverty line at 28.65: Planning Commission faces criticism for figures
-PTI Planning Commission today faced criticism inside and outside Parliament for its description of poor and resultant fall in people below the poverty line with Opposition parties saying it was making a "dishonest" attempt to conceal reality through "fraudulent" estimates. BJP hit out at the government and the Planning panel for the conclusion that the number of people living below the poverty line has fallen by seven per cent, alleging that the...
More »Karnataka’s poverty ratio declines by 9.7%
-DNA The percentage of people living below the poverty line in Karnataka has come down by 9.7% in the estimate of poverty for 2009-10, released by the Planning Commission on Monday. In 2004-05, the percentage of people living below poverty line was 33.3%. In 2009-10, it was 23.6%. Apart from Karnataka, Himachal Pradesh, Madhya Pradesh, Maharashtra, Odisha, Sikkim, Tamil Nadu and Uttarakhand also recorded a decline of about 10 percentage points. In Karnataka,...
More »‘Food inflation can push 3 cr Indians into extreme poverty’
-First Post A ten percent spike in food prices could push 30 millions more people into extreme poverty in India, a report by the Asian Development Bank (ADB) has said. Ironically, data released by the Planning Commission on Monday showed that poverty had declined significantly between 2004-2005 and 2009-2010.In absolute terms, there were 35.5 crore poor people in 2009-10 against 40.7 crore five years earlier. As per the data, poverty across the...
More »Food bill threat to fiscal discipline
-The Telegraph Annual expenses for the government’s food security programme have been estimated at Rs 112,205 crore, which will make it very difficult for the government to fulfill its commitments on checking fiscal deficit. Food and consumers affairs minister K.V. Thomas disclosed the massive bill on the programme today in the Rajya Sabha, though no mention of this was made in Friday’s budget. Finance minister Pranab Mukherjee had just said he would foot...
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