-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...
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Poverty declines to 21.9% in 2011-12: Planning Commission
-PTI NEW DELHI: Poverty ratio in the country has declined to 21.9% in 2011-12 from 37.2% in 2004-05 on account of increase in per capita consumption, Planning Commission said. According to the commission, in 2011-12 for rural areas, the national poverty line by using the Tendulkar methodology is estimated at Rs 816 per capita per month in villages and Rs 1,000 per capita per month in cities. This would mean that the persons...
More »Planning Commission estimates show sharp fall in poverty rate-Sanjeeb Mukherjee
-The Business Standard Peg decline at 7.8 percentage points between 2009-10 and 2011-12 The poverty rate has declined by 7.8 percentage points in two years, according to the latest estimates by the Planning Commission. If 29.8 per cent of the population was poor in 2009-10, the figure came down to 22 per cent in 2011-12. The estimates are based on the recently-released report by the National Sample Survey Office (NSSO) for 2011-12. This...
More »Natural gas price doubled, may trigger price rise -Anupama Airy
-The Hindustan Times Biting the bullet on a tough reform measure, the government on Thursday took a politically sensitive decision to double natural gas prices to $8.4 (about Rs. 510.13) per unit from April 1 next year. This move will push up the price you pay for everything from food items to public transport. On the positive side, the decision is expected to attract foreign investors in the energy sector as the...
More »Government to consider gas price hike tomorrow
-PTI NEW DELHI: The Cabinet will on Thursday decide on raising natural gas prices for the first time in three years even as the move faces stiff resistance as it would result in rise in electricity tariff and fertiliser cost. The oil ministry's proposal to price all domestically produced natural gas as per a complex international hub and imported LNG-based formula suggested by the Rangarajan panel is listed as item number 8...
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