It is time to separate people's real needs from the arbitrary assessments of poverty that have guided Indian governments India's poverty line has always been a matter of huge debate, but it was a discussion mostly confined to economists and policymakers. But the matter has now gone public, following a row about an affidavit from the planning commission to the supreme court of India, in which the official poverty line was...
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Seasonal variations in food prices dropped: RBI study
-The Economic Times If food inflation seems to be pinching more, it is because vegetable prices barely decline in winters, milk rises through the year and egg prices remain high in summers - all because of rising demand. Over the years, the seasonal variation in prices has dropped and consumers do not have the option of shifting to cheaper produce to keep daily costs down, says a recent Reserve Bank of India...
More »The Poverty Line – yours, mine and ours by Patralekha Chatterjee
Discussing the ‘poverty line’ has become a bit like talking about sex or death. Everybody has a view on it. And no two persons have the same view. The planning commission, members of the national advisory council, the rural development minister, assorted chief ministers, social scientists, economists, the media, the bloggerati — all have made their points loud and clear. However, such is the topic that it continues to trigger verbal...
More »Poverty politics by Swarn Kumar Anand
The Planning Commission’s poverty line affidavit has exposed how blissfully ignorant the glorified economists of the UPA are of the true reality of India The 2G spectrum scam, Commonwealth Games loot, cash-for-vote bribery, Lokpal fiasco, Pranab-Chidambaram duel on the Finance Ministry note, and the count goes on. It seems the UPA-II is stuck in a rut. As if the battering by the united Opposition and hauling over the coals by civil...
More »The Poverty Question
-The Times of India The Rs 32 per capita urban poverty line is a measure only of extreme poverty, not of acceptable consumption-linked daily expenditure. Planning Commission deputy chairman Montek Singh Ahluwalia and rural development minister Jairam Ramesh have clarified this. They've also stated that prevailing BPL figures won't determine selection of the beneficiaries of social schemes. This hopefully will put an end to the high-decibel protests of opposition parties and...
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