No matter where you draw the line, the fall in poverty is greater in high GDP growth years Some plain facts and some ugly truths. The plain fact is that poverty in India has declined at a rapid pace during the UPA years post 2004. An ugly truth. When the Planning Commission released the estimates of poverty in India, on the basis of the household survey conducted by the NSS in...
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Give us growth and we’ll handle the inequality-Manas Chakravarty
Deng Xiaoping, the architect of modern China, had a sharp, snappy way of putting across what he wanted to say. Some of his eminently quotable quotes include: “It doesn’t matter if the cat is black or white so long as it catches mice” and “Poverty is not socialism. To be rich is glorious”. But there’s another, less well-known and even more controversial quote also attributed to him: “Let some people...
More »On the Recent Poverty Estimates-Himanshu
An unnecessary controversy has been started by the release of the poverty estimates of 2009-10 by the planning commission. The controversy, which was entirely avoidable, was allowed to go on because of the poor handling of the issue by the planning commission. It is unfortunate that the planning commission was less than willing to own the Tendulkar committee report which was submitted in December 2009 and accepted by the commission...
More »‘India will see highest urban population rise in 40 years'-Aarti Dhar
U.N. report says China, India together will account for about third of the increase in urban population in coming decades India will witness the largest increase in urban population in the next four decades followed by China, a United Nations report has said. India will add another 497 million to its urban population between 2010 and 2050, while China will see 341 million people shifting into cities, followed by Nigeria (200 million),...
More »NPCIL sets a record in production
-The Hindu In a record, Nuclear Power Corporation of India (NPCIL) produced 32,455 million units of power in the financial year 2011-12, marking an increase of 23 per cent from 26,473 million units generated in 2010-1. Its 19 operating reactors, with a total installed capacity of 4,680 MWe, generated the 32,455 million units. “The financial year 2011-12 has seen a robust growth for us. The turnover has increased to about Rs.7,500 crore...
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