-The Business Standard World Bank-IMF study, however, says pace of reduction in absolute poverty has been substantial; report stresses skills training for youth India was home to about a third of the world's poor in 2011, according to a progress report on various social indicators from the World Bank and the International Monetary Fund (IMF), issued on Wednesday. In other words, the highest number of the poor lived in India in...

-The Indian Express Ill-thought-out assertions about the efficacy of monetary policy can unhinge private expectations of inflation. The Indian Express recently published two articles by Surjit S. Bhalla on the subject of inflation in India (‘Where monetary policy is irrelevant', September 13 and ‘RBI, we have a problem', September 20). Bhalla's central thesis is that inflation in India is primarily driven by changes in the minimum support prices (MSP) for agricultural goods....

-The Hindu Business Line The Rangarajan panel has added to the confusion. Let's have one final committee to set things right There is constant confusion in India over BPL (below poverty line) figures proffered by different agencies. The latest is the debate over the Rangarajan Committee's estimates, as against the assessment of the Tendulkar Committee. The difference in their estimates is due to variation in the parameters adopted. In other words, the definition...

-The Financial Express World Bank's latest data suggests realisation of millenium development goals may not be far off. Reduction of poverty and hence, how it is measured, has long been a contentious political economy issue in India. There is general discomfort every time the headcount ratio of the number of poor, based upon an accepted methodology recommended by an expert committee, declines; this then triggers a process to revisit known issues by...

-The Business Standard Start thinking of new development indicators The annual Human Development Report, or HDR, has recorded with depressing regularity India's mediocre performance in seeking to improve the overall well-being of its people. The latest one, for 2014, is no exception. In the last five years (2008-13), India's performance on improving its Human Development Index (HDI) has been poorer than most of its peers in South Asia, and among Brazil, Russia,...