-PTI NEW DELHI: With barely a month left for the proposed launch of its ambition food security scheme, Delhi Government today finalised the various nitty gritties. A meeting of the Delhi Cabinet presided by Chief Minister Sheila Dikshit gave its in-principle approval for formal launch of the scheme on August 20, the birth anniversary of former Prime Minister Rajiv Gandhi, and finalised various aspects relating to implementation of the scheme. Though the scheme...
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Know where to draw the line
-The Hindustan Times India's official poverty line-a vital economic statistic-is threatening to snowball into a major political controversy in an election year. Political parties are busy quibbling over the details of defining a poverty line amid a welter of protests from social activists who are accusing it of abdicating its responsibility. Economists set a poverty line to fix a threshold income to get a headcount of poor people in a country. Households...
More »Beyond the debate, govt. accepts 65% Indians are poor -Rukmini S and MK Venu
-The Hindu Notional poverty line will stand at a per capita expenditure of around Rs. 50 per day in rural areas and Rs. 62 in urban areas While the Opposition pillories the Planning Commission for using a formal definition of poverty that ensures the percentage of people below the poverty line is lower than what it ought to be, the government has begun moving to a broader and more realistic de facto...
More »Steep drop in number of poor gifts UPA talking point, raises eyebrows
-The Telegraph New Delhi: The Manmohan Singh-led UPA government can finally grab an official statistic to burnish its aam aadmi credentials. The percentage of people living below the poverty line has fallen to 21.9 per cent of the population in 2011-12 from 37.2 per cent in 2004-05 - the year that the Congress-led UPA stormed to power. The percentage of people below the poverty line has been estimated at 25.7 per cent in...
More »Drug makers suffer an overdose of control-Bhupesh Bhandari
-The Business Standard The new price caps for 191 essential drugs are likely to introduce serious distortions in the market for these medicines The National Pharmaceutical Pricing Authority, or NPPA, has announced new price caps for 191 essential drugs that are 10 to 50 per cent lower than the current prices. Drug makers have 45 days to recall the earlier batches and send out new ones with the lower price tags. This...
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