-Business Standard Says the actual poverty is much higher than suggested by the multilateral lender, adding there is lack of scientific basis in computing the poverty line The government has contested the World Bank's recently released data that showed only 12.4 per cent of India's population was poor in 2011-12, considering an expenditure cut-off of $1.9 a person a day on purchasing power parity (PPP) terms. It said the actual poverty was...
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Congress says PM got it wrong on GDP -Puja Mehra & Mehboob Jeelani
-The Hindu ‘Figure is $2.50 trillion and not $8 trillion as claimed by Modi’ India’s Gross Domestic Product (GDP) became a subject of political debate on Monday. Following Prime Minister Narendra Modi’s remarks in the U.S., that India’s GDP is $8 trillion, the Congress said on Monday that when the UPA government had left the office, India’s GDP was $2.27 trillion, and India’s GDP today was close to $2.50 trillion. “His officials should...
More »Not measure for measure -Uday Balakrishnan
-The Hindu With a plethora of government departments and international organisations putting out so much statistical data in the public space, often contradicting one another, it is the government's duty to clear the air with up-to-date and coherent statistical data linking social and economic indicators Purchasing Power Parity or PPP has validated a long held surmise that the poorer countries are not as badly off as they are made out to be...
More »End this quibbling over poverty figures -PP Sangal
-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...
More »Underweight and Stunted Children: The Indian Paradox -R Nithya
-Newsclick.in Recent studies have shown that even as India fares better than many developing regions of the world on several indicators of growth and development such as GDP, per capita, Purchasing Power Parity (PPP), literacy, life expectancy, etc., the number of malnourished children in India is significantly high. What explains this paradox? The Union Cabinet recently approved a multi-sectoral nutritional programme proposed by the Ministry of Women and Child Development to reduce...
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