-The Business Standard Growth, not entitlement, reduces poverty, according to the latest data The numbers may seem unrealistic, but the broad indication is loud and clear: among all available medicines, growth seems to be the most effective medicine against poverty at the moment. According to the recently released poverty data, states like Odisha, Bihar and Rajasthan have done well when it comes to reducing poverty in the last seven years. And these...

-The Indian Express What caused the steep fall in poverty reported by the Planning Commission? The evidence is mixed Earlier this week, the Planning Commission released estimates of the incidence of poverty in 2011-12. As in virtually the entire literature on the measurement of poverty in India, these estimates are based on data on per capita consumption expenditure collected by the National Sample Survey Organisation. The estimates show that there has been...

-PTI NEW DELHI: To ensure sufficient supply of milk at affordable rates, Agriculture Minister Sharad Pawar today said there is a need to increase the share of organised sector in milk business to 50 per cent by the end of the current (12th) Five Year Plan in March, 2017. Despite severe drought in some states like Maharashtra this year, milk production has not reduced, thereby providing good supplementary income to farmers and...

-The Business Standard 7 things you should know in the Bhagwati vs Sen slugfest Jagdish Bhagwati and Amartya Sen are the two Indian economists who are most respected for their work. Both have worked on a broad spectrum of issues, though Sen is best known for his work on public choice and development and Bhagwati for his work on trade. They are both liberal, neoclassical economists, who support deregulation and disapprove of...

-The Hindu Development, price rise and jobs will be the overriding voter concerns in 2014 Lok Sabha poll Results from a nearly 20,000-strong opinion poll conducted by the Centre for the Study of Developing Societies (CSDS) for CNN-IBN and The Hindu indicate that ‘development and the economy' and ‘price rise' will dominate voter concerns in 2014. Corruption comes in at a distant fifth, just half as important to voters as ‘development and...