In a startling affidavit before the Supreme Court, the Planning Commission has said an individual income of just Rs. 25 a day constitutes adequate “private expenditure on food, education and health.” The affidavit, submitted on Tuesday, bases its assertion on the findings of the Suresh Tendulkar Committee, which pegged the poverty line at Rs. 447 a month, or about Rs. 15 a day, at 2004-2005 prices. Experts reacted with dismay to the...

-The Business Standard   Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...

The Union government on Monday asked the States to prepare a below poverty line (BPL) list by March, census for which is now on, so that the needy are readied to enjoy the benefits to be rolled out under the 12th Five Year Plan. Union Minister for Rural Development Jairam Ramesh hoped the States would prepare the list at the earliest. The Centre would, by December-end, complete its exercise of generating...

A sensational story in Hindustan Times about surgeons in Indore performing hundreds of sex change operations on children turns out to be false and misleading. An investigation.   Last month, a Hindustan Times front page report claiming that Indore doctors were converting hundreds of baby girls into baby boys sent shock waves through the system, with everyone from the Prime Minister's Office to the National Commission for Protection of Child Rights...

-The Business Standard   Indian economy has been on a sustained growth path, but Indians are still spending a major chunk of their expenditure on food items. Per capita consumption expenditure in a month was 88 per cent more in case of urban India compared to rural India during 2009-10, a trend which was more or less five years ago, according to the latest figures on consumption expenditure. Per capita expenditure on consumption for...