-Deccan Herald My house help asked me the other day: "Sahib ji, TV news tells me those earning more than Rs 1,000 a month are not poor. How can this be true? Although I am earning Rs 5,000 every month working at your home, I mop up your floor and wash your dishes. If I was rich why should I be doing cleaning job here?" Mohan used to be a helper in...
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GET READY FOR HIGHER FOOD PRICES
The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...
More »Untrained staff auditing CAG reports, Montek says -Mahendra Singh
-The Times of India NEW DELHI: With CAG reports on 2G and Coalgate scams hounding the UPA-2 regime, Planning Commission deputy chairman Montek Singh Ahluwalia on Monday said the federal auditor was not equipped to carry out performance evaluation. While the UPA had targeted CAG for "exceeding its jurisdiction" by venturing into policy domain, Ahluwalia took the fight to another level by arguing that the performance audit carried out by the auditor...
More »Not such a straight poverty line-R Ramakumar
-The Hindu There is absolutely no methodological relationship between the Tendulkar poverty line and the one dollar poverty line. Mihir Shah has defended the poverty line recommended by the Suresh Tendulkar Committee in 2009 in his article in The Hindu (editorial page, "Understanding the Poverty Line", August 5, 2013). Mr. Shah makes two claims. First, he argues that "Tendulkar [...] computed poverty lines for 2004-05 at a level that was equivalent, in...
More »Rising level in Tehri dam a cause for concern-Kavita UPAdhyay
-The Hindu Questions being raised about possible floods in downstream areas Dehradun: The level in the Tehri dam in Uttarakhand on Sunday reached 818.50 metres against the permissible mark of 825 metres, Tehri District Magistrate Nitesh Kumar Jha told The Hindu. According to Northern Regional Load Despatch Centre (NRLDC) data, the level rose by 8 metres since August 1. Mr. Jha said that for the past three to four days the inflow was around...
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