-The Economic Times A change in the national accounts, slated to take place sometime in the next two years, will show that a resurgent farm sector is now the second biggest contributor to the economy, displacing manufacturing and financial services. The unexpected reversal is not just a statistical artefact. Instead it is an outcome of a change in the terms of trade, the price of agricultural produce compared to industrial output since...
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Poverty declines to 26%, says Montek
-The Financial Express Poverty in India has come down to 26 per cent as per the latest data of household expenditure prepared by the NSSO for 2011-12, the Planning Commission said today. "Many of the academicians...said that poverty in 2011-12 using the Tendulkar line would probably be around 26 per cent or little more than that which is much lower than what it was in 2000, " Planning Commission Deputy Chairman Montek...
More »PM exploring land reform options-Thufail PT
-The Asian Age Prime Minister Manmohan Singh is exploring the possibility of land reforms even as he has been slammed by activists for not having convened a single meeting of the National Council for Land Reforms (NCLR) headed by him since its formation in 2008. Dr Singh has directed the Planning Commission to set up a meeting with one of the key National Council for Land Reforms members P.V. Rajagopal, who...
More »Govt may roll out 6 lakh cellphones for BPL families
-The Hindustan Times With an eye on improving rural mobile telephony, the Planning Commission is mulling the option of providing free mobile phones to 6.52 lakh families living below poverty line. “We are exploring that possibility. We are working on an idea. The basic idea is that in the rural areas, we need to incentivize access to mobile telephony,” Plan panel deputy chairperson Montek Singh Ahluwalia said on Wednesday. A scheme to provide free...
More »Every poor family may get a mobile-Mahendra Kumar Singh
-The Times of India In what could turn out to be its calling card for the 2014 general elections, the government is finalizing a Rs 7,000 crore scheme to give one mobile phone to every family living below the poverty line. Sources in the PMO said the scheme—Har Hath Mein Phone—expected to be announced by PM Manmohan Singh on August 15, will not only aim to give away mobiles to around six...
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