THE DEBATE on the National Food Security Bill, tabled in parliament three months ago, is on full swing. Economists from both sides are arming their arguments with facts and logic. The people who would benefit of this legislation are in a dilemma. This prompts the consideration that the experts must try to see the issue from the ground reality of food security and its beneficiaries. Undoubtedly, it’s a great and historical...
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‘Inequality has gone up, notwithstanding dip in poverty'-K Balchand
Montek Singh says he is willing to revise poverty estimates on the basis of expert opinion Though the incidence of poverty has come down over five years from 2004-05 to 2009-10, it is a startling fact that inequality has increased, with fewer people controlling income. Union Planning Commission Deputy Chairman Montek Singh Ahluwalia admitted on Tuesday that income distribution was not at the desired level and inequality increased in both rural and...
More »Has poverty reduced in India? Surfers say 'No'
-The Hindustan Times The planning commission has released poverty data based on the 66th round of the National Sample Survey (2009-10) on household consumer expenditure survey. According to the new estimate, number of poor in India were 29.8% in 2009-10, down from 37.2% in 2004-05. The data is based on the daily per capita consumption of Rs 28 in urban cities and Rs 22 in rural areas in 2009-10. The same for June...
More »Budget 2012: Farce of food subsidy being played out again-Nidhi Nath Srinivas
The UPA-II has used the Budget to again play politics with hunger. But it has paid no heed to the ticking time bomb of growing social tensions as 58 million Indians living off agriculture slide deeper into poverty. The Economic Survey says more than half the population is dependent on a sector whose share in the economy is shrinking. The urban-rural income divide is therefore steadily widening, a tinder box that...
More »Growth is necessary to remove poverty, and interventions like NREGA help
-The Economic Times Over the first five years of the UPA government, the number of India's poor fell from 37% of the population to a little less than 30% of the population and rural poverty fell faster than urban poverty did. A closer look at the numbers shows that states performed very differently when it came to poverty reduction through the years 2004-05 to 2009-10. States like Madhya Pradesh, Maharashtra and Orissa...
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