-The Hindu Notional poverty line will stand at a per capita expenditure of around Rs. 50 per day in rural areas and Rs. 62 in urban areas While the Opposition pillories the Planning Commission for using a formal definition of poverty that ensures the percentage of people below the poverty line is lower than what it ought to be, the government has begun moving to a broader and more realistic de facto...
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Push for cheap housing-Sobhana K
-The Telegraph New Delhi: The Centre is Planning to increase cash incentives for private builders willing to construct houses for economically weaker sections in partnership with it. Under the Affordable Housing in Partnership Scheme floated in 2009, the Centre was to pay private builders Rs 50,000 per dwelling unit or 25 per cent of the cost of civic services, whichever was less. Since the scheme found few takers, it is Planning to...
More »DBT rollout: Key dept shifted from Planning Commission to Finance Ministry
-PTI NEW DELHI: Keen to hasten the Direct Benefit Transfer (DBT) scheme, Prime Minister Manmohan Singh today shifted a key department overseeing its implementation from the Planning Commission to the Finance Ministry for "better coordination" and "resolution of inter-ministerial issues". The DBT programme has covered over 2.8 million LPG transactions valued at Rs 116 crore in the seven weeks since it was launched, the Prime Minister's Office said here today. "In order to...
More »New drug pricing creates artificial scarcity-Shyama Rajagopal
-The Hindu Kochi: An artificial scarcity of drugs looms large with the new drug pricing regime, slashing prices for 348 essential drugs, set to prevail from July 29. Many retailers who stock medicines for a week are not picking up medicines and are keeping a minimum inventory. Some retailers said distributors were not making medicines available. It has sent medical retail stores into a tizzy about the fate of already available stocks. J.S....
More »Rs 27 per day: India's new rural poverty line
-Down to Earth New poverty estimate claims fastest ever decline in poverty during UPA's regime The Planning Commission has declared the new poverty line for rural and urban areas. It is Rs 27 a day for rural areas and Rs 30 a day for urban areas. Just a year ago when the Commission suggested a poverty line of Rs 22 a day for rural areas, there was a national outrage over it. Subsequently,...
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