Suresh Tendulkar created a flutter among policymaking circles when a committee led by him raised the estimate for poor households in the country to 74 million from the Planning Commission estimate of 65.2 million. The former chairman of the Prime Minister’s Economic Advisory Council explained why his numbers are more credible in an interview with ET’s Pooja Suri and Amiti Sen. Excerpts: Why did your committee decide to accept the...
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Making profit out of 'poverty' by SA Aiyar
Caste proponents say the census must include questions on caste to establish true caste ratios. Opponents say questions on caste are socially divisive. They also raise a behavioural objection: the very announcement of a caste census could encourage people to claim, fraudulently, that they belong to a caste entitled to reservations. This behavioural objection applies as forcefully to surveys for determining poverty. The National Sample Survey Organization conducts periodic surveys on...
More »Call for Asia-Pacific nations to invest more in social sector by Aarti Dhar
U.N. report says this will consolidate the region's economic recovery Even in crisis, Asia-Pacific still the fastest-growing region Increased social spending directly supports income security for households A United Nations report has called upon governments in the Asia-Pacific region to increase social spending to consolidate the region's stronger than anticipated economic rebound and to spur over the long term a fairer, more balanced, and sustained economic recovery. The Economic and Social Survey of...
More »Not a pipe dream by K Anji Reddy
For a man who’s been in the pharmaceutical business all his working life, advocating clean drinking water across the country might seem like a bad business idea. In fact, its health fallout could put me out of business. But there are times when one has to think beyond the balance sheets. Water is one issue that excites passion, yet we give very little thought to it. Those who have seen...
More »Microfinance institutions encourage toilet construction with loans at low interest rates by Anupama Chandrasekaran
For nearly three decades, Selvi V. has lived in a village in the Kanchipuram district of Tamil Nadu, 75km from Chennai, without a toilet. And there really wasn’t any need felt to have one in this family of daily wage farm labourers. Selvi and her now-married daughter would wake up either early every morning or wait until dark to relieve themselves in a thicket of thorny shrubs a little distance...
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