The ongoing debate over the incidence of poverty in India, often assuming surreal proportions, shows that there is indeed a ‘philosophy of poverty’ guiding current economic reforms. The loot of our country’s resources that is taking place both through these reforms, which continue to widen gross inequalities, and through the open plunder of our resources for private gain — as reflected in the series of mega scams — require the legitimacy...

-The Economic Times Any estimate of poverty, more correctly of the poverty line that determines how many Indians live in poverty, is bound to be contentious. It is naive to believe that any estimate, whatever its methodology, will find unanimous acceptance.  Hence the decision to appoint yet another technical committee to estimate the poverty line will not achieve anything. It will merely buy the government time and deflect some of the criticism...

Even as the opposition took the government to task for tweaking consumption data to show that the number of poor in India has declined, as first highlighted on Monday by Mint columnist Himanshu, Planning Commission deputy chairman Montek Singh Ahluwalia defended the methodology used for the calculation by the plan panel. Ahluwalia said the inclusion of money spent on the mid-day meal scheme in so-called private household expenditure was correct because...

The Budget provides proof of the United Progressive Alliance government having forgotten the importance of its own “flagship schemes”. BUDGET 2012-13 provides conclusive proof that the United Progressive Alliance (UPA) government has lost its way. It has managed the remarkable feat of upsetting almost everyone and making no one happy. The Budget is highly regressive in both taxation and spending terms and will raise prices of essentials, so aam aurat and...

Remember when the public was outraged at the idea that the poverty line should be 32 rupees, or 63 cents, a day in urban areas? We’ve now learned it should really be 29 rupees. And believe it or not, this is no sleight of hand to show a drop in poverty. The Planning Commission’s latest poverty estimates, released Monday evening, show a 7 percentage-point drop in India’s poor, the largest fall since...