-The Times of India NEW DELHI: An expert committee under chief economic advisor Raghuram Rajan has identified 10 parameters for a new Composite Development Index, whose adoption by the Centre will change the way thousands of crores are transferred annually and can potentially set the stage for realignment of political forces in Bihar before the 2014 polls. The new index seeks to rate states on the basis of their distance from the...
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GET READY FOR HIGHER FOOD PRICES
The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...
More »Poverty play -Jayati Ghosh
-Frontline Once more, without feeling: the government's latest poverty estimates. YET again the Central government has mired itself in controversy by releasing its latest poverty estimates based on the consumption expenditure survey of the NSSO (National Sample Survey Office) Survey of 2011-12. The Planning Commission's poverty line, using methodology suggested by the Tendulkar Committee in 2010, is now apparently defined as the spending of Rs. 27.20 per capita per day in rural...
More »Unequal status tells on women’s nutrition -Rukmini S
-The Hindu Younger daughters-in-law in rural families have shorter children on average, says research There is new evidence that the unequal social status of women could play a significant - and as yet ignored - role in explaining India's "inexplicably" high under-nutrition levels. For its per capita income, India has stubbornly higher than expected levels of stunting and under-weight among children and adults - the so-called "Asian enigma" which, with countries like...
More »Demystifying Indian poverty line -Gaurav Choudhury
-The Hindustan Times * What is a poverty line? The poverty line defines a threshold income. Households earning below this threshold are considered poor. Different countries have different methods of defining the threshold income depending on local socio-economic needs. * Who brings out the poverty estimates in India? The Planning Commission releases the poverty estimates in India. * How is it measured? Poverty is measured based on consumer expenditure surveys of...
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