-BBC   India's main planning body has said half a dollar a day is "adequate" for a villager to spend on food, education and health. Critics say that the amount fixed by the Planning Commission is extremely low and aimed at "artificially" reducing the number of poor who are entitled to state benefits. There are various estimates on the exact number of poor in India. Officially, 37% of India's 1.21bn people live below the poverty...

-IANS   The Planning Commission Tuesday told the Supreme Court that the below poverty line (BPL) population in the country is 40.74 crore and the poverty line for the urban and rural areas could be provisionally placed at Rs.965 per capita per month (around Rs.32 per day) and Rs.781 per capita per month (around Rs.26 per day), respectively. The Planning Commission in an affidavit said that the BPL population at present touched by...

-The Times of India   Facing a political storm over its poverty line prescription, the government decided to revise the Rs 32 a day expenditure criteria for urban population (Rs 26 for rural) by factoring in the 2009-10 National Sample Survey Organization report on household spend. The pittance outlined in the Planning Commission affidavit before the Supreme Court left the government squirming as the BJP and Left attacked it for framing poverty guidelines...

-The Times of India   National Advisory Council (NAC) member Aruna Roy lashed out at the Planning Commission's new criteria for poverty line submitted to the Supreme Court on Tuesday. "This affidavit reflects the government's deep lack of empathy for the poor and a perspective completely divorced from reality," she said. Roy was reacting to the Plan panel's submission to the Supreme Court, saying if a person's spending exceeds Rs 32 a day in...

Planning Commission, RBI officials hold brainstorming deliberations with experts With the persistent near double-digit headline inflation, despite sustained increases in key policy rates by the Reserve Bank of India, turning out to be “a frustrating experience for policymakers,” senior officials from the Planning Commission, the Finance Ministry and the RBI met with a group of academic economic experts and representatives of the International Monetary Fund (IMF), the World Bank and the...