-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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Bihar’s growth accelerates to a record 14.48%- Kirthi V Rao
-Live Mint Numbers confirm Bihar's structural shift away from agriculture, with sharp increase in share of services sector Bihar has revised its economic growth for 2012-13 to 14.48%, five percentage points higher than what was initially forecast, according to two officials at the state's directorate of statistics. The new numbers confirm the state's structural shift away from agriculture, with a sharp increase in the share of the tertiary or services sector. The data...
More »Lessons to be learnt from Gujarat's business experience: Amartya
-PTI NEW DELHI: Nobel laureate economist Amartya Sen, who has been critical of Narendra Modi's model of governance, has said there are lessons to be learnt even from Gujarat which had good business performance and infrastructure though it lagged in health, literary and minority rights. Sen, at the same time, pointed that there are bigger things to learn from Kerala, Tamil Nadu and even Himachal Pradesh, a state where he said "transformation...
More »Poverty declines to 21.9% in 2011-12: Planning Commission
-PTI NEW DELHI: Poverty ratio in the country has declined to 21.9% in 2011-12 from 37.2% in 2004-05 on account of increase in per capita consumption, Planning Commission said. According to the commission, in 2011-12 for rural areas, the national poverty line by using the Tendulkar methodology is estimated at Rs 816 per capita per month in villages and Rs 1,000 per capita per month in cities. This would mean that the persons...
More »It really is the economy, stupid-Rukmini S
-The Hindu Development, price rise and jobs will be the overriding voter concerns in 2014 Lok Sabha poll Results from a nearly 20,000-strong opinion poll conducted by the Centre for the Study of Developing Societies (CSDS) for CNN-IBN and The Hindu indicate that ‘development and the economy' and ‘price rise' will dominate voter concerns in 2014. Corruption comes in at a distant fifth, just half as important to voters as ‘development and...
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