-The Telegraph C. Rangarajan today defended his calculation that three out of 10 in India are poor, saying the poverty numbers provided by him were not conservative estimates and the methodology was on a par with global standards. The expert group headed by Rangarajan dismissed the Suresh Tendulkar committee's methodology and estimated that the number of poor in India was much higher in 2011-12 at 29.5 per cent of the population. The BJP-led...
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Poverty count: Chhattisgarh worst off; Orissa and MP follow
-The Indian Express Goa, with just 6.3% of its population under the poverty line, tops the list: Panel. Nearly half of Chhattisgarh's population has been estimated to be below the poverty line, according to the new definition of poverty. In contrast, Goa, with just 6.3 per cent of its residents under the poverty line, tops the list of states with the lowest poverty count. The findings are a part of the new poverty estimates...
More »Bihar records highest dip in poverty ratio -Chetan Chauhan
-The Hindustan Times In what could be a relief to Janata Dal (United) leader Nitish Kumar, the C Rangarajan panel on poverty estimation report has said that in Bihar the poverty ratios dipped by over one-third in just two years between 2009-10 and 2011-12 - much greater than any other state in India. Kumar had resigned as Bihar chief minister after receiving drubbing at the hands of the BJP-led...
More »C Rangarajan, Former chairman-PM's Economic Advisory Council speaks to Indivjal Dhasmana
-The Business Standard C Rangarajan, former head of the former Prime Minister's Economic Advisory Council, answers questions on the latest official poverty estimate by a committee he'd chaired. Edited excerpts of a talk with Indivjal Dhasmana: * Your panel has suggested these poverty lines be delinked from social welfare schemes. What would be the exercise's relevance? Is it of only academic interest? Poverty ratios have already been delinked from various social programmes. The...
More »Even Rangarajan couldn't bring India's poor to BRICS standard
-The Hindustan Times India's national poverty line continues to be the lowest among the BRICS countries, even after the upward revision recommended by the panel headed by former RBI governor C Rangarajan - Rs. 32 per capita per day in rural areas (Rs 11,660 a year) and Rs. 47 per capita per day (Rs 16,884 a year) for urban areas. In dollar terms, it works out to $194 per capita annually for...
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