India's poverty is estimated to have declined to 32 per cent in 2009-10 from 37.2 per cent five years ago, as per preliminary findings of the Planning Commission. The estimates are based on the formula suggested by the Tendulkar Committee for computing the number of poor in the country. "2009-10 data show a decline in poverty from 37.2 per cent in 2004-05 to 32 per cent in 2009-10 as the per the...
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27 million out of poverty net: Govt by Chetan Chauhan
A new data analysed by the Planning Commission says that around 382 million Indians were below poverty line in 2009-10, a decline of 27 million since 2004-05. The decline of over five percentage points (from 37.2% to 32%) in as many years was much less than the target of annual reduction of 2% in poverty in the 11th plan. What the UPA government can showcase is the highest poverty reduction...
More »Poverty rate declines from 37.2% to 32% by Sujay Mehdudia
The latest data of the Planning Commission indicates that poverty has declined to 32 per cent in 2009-10 from 37.2 per cent five years ago. The preliminary estimates are based on the formula suggested by the Tendulkar Committee for computing the number of poor. Planning Commission Deputy Chairman Montek Singh Ahluwalia on Wednesday told reporters that the 2009-10 data shows a decline in poverty from 37.2 per cent in 2004-05 to 32...
More »Prof Abhijit Sen, Member, Planning Commission interviewed by Rajesh Bhayani & Sanjeeb Mukherjee
Prof Abhijit Sen, member of the Planning Commission, discusses Budget provisions related to the agriculture sector in an interview with Rajesh Bhayani and Sanjeeb Mukherjee. Sen feels, futures trading in essentials commodities like wheat and rice should not be allowed. According to him, India should follow China in having an agency for procuring commodities from the global market. There seems to a renewed focus in this Budget on ancillary items of...
More »BKU drops Delhi siege plan after Manmohan's assurance by Gargi Parsai
On the eve of a massive agitation by Tikait Singh-led Bhartiya Kisan Union, Prime Minister Manmohan Singh met representatives of the Union and assured them that “farmers interests will be fully protected at all times.” The Prime Minister told the delegation that he would convene a joint meeting with Finance Minister Pranab Mukherjee and Agriculture Minister Sharad Pawar to have an in-depth discussion on the various issues raised by the BKU...
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