-Down to Earth Government claims a huge drop in poverty numbers but critical indicators-health, malnutrition and wages-continue to be grim. So how did the poor fare better? After a long, long time there was good news to splash as media led with the report of a record 21.9 per cent drop in poverty levels. The July 24 newspaper headlines were celebratory as they reported the Planning Commission's findings that poverty rates...
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Let’s talk about the growth strategy, stupid -Jayati Ghosh
-Tehelka.com The Sen-Bhagwati ‘debate' on economic policy is focussing on the wrong issues Several things are quite remarkable about the recent debate between Professor Amartya Sen and Professor Jagdish Bhagwati. The first surprise is that such a debate could become a major news item at all, making headlines and filling screen time on news channels, when it is about economic strategies that are normally discussed only in relatively small academic and policy...
More »A misnomer called food security -Charan Singh and Arvind Virmani
-The Indian Express The proposed bill makes false promises. The need is to directly address problems of drinking water availability, sanitation, maternal health and childcare The Food Security Bill (2013, FSB) promulgated recently by an ordinance is expected to be debated in Parliament soon. The intention behind the FSB is noble, to eradicate hunger from the country, but the means adopted need serious reconsideration. FSB, under the targeted public distribution system (TPDS),...
More »Measuring poverty: How the world counts its poor -Gaurav Choudhury and Chetan Chauhan
-The Hindustan Times What does it mean to be poor across the world? It means different things in different countries depending on the definition of the poverty line-an income threshold below which families are considered poor. In most of Europe, a family with a net income of less than 60% of the "median net disposable income" - a broad measure of the national average income net of taxes income - is counted...
More »Food subsidy poses fiscal threat, may not help poor: World Bank
-The Times of India NEW DELHI: Prices of globally traded food declined for the third consecutive quarter since their historical peak in August, 2012, a World Bank report has said but cautioned that uncertain weather conditions and domestic policy decisions such as extension food subsidy programmes in India and other countries need a close watch. Prices of all the three main food categories declined between February and June, 2013. Prices of grains...
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