An urban Indian spending a penny more than Rs 578 a month – roughly Rs 20 a day – on all his basic needs cannot be termed poor and would not receive social benefits and subsidies given by the Centre to BPL citizens, the Planning Commission has said. The commission told the Supreme Court on Tuesday that a city dweller cannot be termed poor if his average monthly spends exceed Rs...
More »SEARCH RESULT
Total Matching Records found : 119
Neoliberal illogic by Prabhat Patnaik
The class bias in government policy is clear in the decision to release a small amount of foodgrain in the open market to tackle inflation. MOST people would agree that there is a strong element of speculation underlying the current inflation and that forward trading contributes to it. Yet the government, though it has banned forward trading in certain commodities under public pressure, is curiously reluctant to see this point....
More »Wages of tokenism by TK Rajalakshmi
The revised daily wage for NREGS workers is still lower than the minimum wages paid in several States. A CONTROVERSY seems to have surfaced between the Prime Minister's Office and the National Advisory Council (NAC) on the issue of wages under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA). The NAC has been arguing for some time that there should be parity between wages under the National Rural Employment...
More »Calories, prices and incomes by Raghav Gaiha, Raghbendra Jha and Vani S Kulkarni
Various recent studies point to a puzzle. Despite rising incomes, there has been a sustained decline in per capita calorie intake. In an important contribution , A Deaton and J Dreze (‘ Food and Nutrition in India: Facts and Interpretations’ , Economic and Political Weekly, XLIV (7), 2009) offer a detailed analysis of the decline in calorie intake in 1983-2004 . Average calorie consumption was about 10% lower in rural...
More »Prof. Suresh Tendulkar interviewed by Pooja Suri and Amiti Sen
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...
More »
