Ashish Bose coined the term BIMARU in a paper to then prime minister Rajiv Gandhi in the 1980s to highlight the economic backwardness of Bihar, Madhya Pradesh, Rajasthan and Uttar Pradesh. He tells Somesh Jha he is not inspired by the Planning Commission’s bogus poverty figures. He says it is time the commission wound up. Excerpts: * You coined the term 'BIMARU', but these states performed well in alleviating poverty in...
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Know where to draw the line
-The Hindustan Times India's official poverty line-a vital economic statistic-is threatening to snowball into a major political controversy in an election year. Political parties are busy quibbling over the details of defining a poverty line amid a welter of protests from social activists who are accusing it of abdicating its responsibility. Economists set a poverty line to fix a threshold income to get a headcount of poor people in a country. Households...
More »Steep drop in number of poor gifts UPA talking point, raises eyebrows
-The Telegraph New Delhi: The Manmohan Singh-led UPA government can finally grab an official statistic to burnish its aam aadmi credentials. The percentage of people living below the poverty line has fallen to 21.9 per cent of the population in 2011-12 from 37.2 per cent in 2004-05 - the year that the Congress-led UPA stormed to power. The percentage of people below the poverty line has been estimated at 25.7 per cent in...
More »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 »Poverty levels decline significantly between 2009-12; less than 25% poor: NSSO Survey -Dilasha Seth
-The Economic Times NEW DELHI: Poverty level in the country may have declined significantly between 2009-10 and 2011-12, the latest government survey on household consumer expenditure indicates, giving something to the beleaguered UPA government to hard sell ahead of elections next year. Back of the envelope calculations by ET suggest that poverty levels have fallen to less than 25% of population because of a sharp rise in rural incomes and decent performance...
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