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Counting Poorly by Anuradha Raman

The Planning Commission’s definition of poverty is inexplicable In the urban sprawl that is Delhi, as in any other metro in the country, earning no more than Rs 25 per day with a family to support would prove nightmarish. Food and clothes have to be bought, there may be school-going children, colds, fevers or upset stomachs to get treated, someone with a chronic problem needing long-term treatment. Surely, someone living...

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MLAs' fortunes grow more than all other investments by Atul Thakur

When it comes to increasing wealth, legislative experience, it turns out, beats the best investment planning hollow. An analysis of the assets of re-contesting legislators certainly suggests that – with the growth in their assets being more than what investing in gold, mutual funds or fixed deposits would yield. According to analysis of Affidavits done by the Association for Democratic Reforms and National Election Watch, the percentage rise in assets of...

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Supreme Court orders CBI to probe MGNREGA ‘irregularities' by J Venkatesan

CBI told to submit first report within six months Many States erred in implementing the schemes The Supreme Court on Thursday directed the Central Bureau of Investigation (CBI) to probe alleged misuse of the schemes under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in 100 villages in six districts of Orissa. A three-judge Bench of Chief Justice S.H. Kapadia, Justices K.S. Radhakrishnan and Swatanter Kumar gave this direction on a petition...

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Planning Commission may lower poverty estimates by Sangeeta Singh & Nikhil Kanekal

India’s apex planning body may cap national poverty at 32% for the purpose of calculating welfare benefits in the 12th Five-year Plan that starts on 1 April 2012, it said a day before a meeting with Prime Minister Manmohan Singh. The development comes on a day the Supreme Court asked Montek Singh Ahluwalia to respond why it should not strike down an earlier cap of 36% poverty after the government sought...

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Pranab son's assets valued at Rs 5 crore

Union Finance Minister Pranab Mukherjee’s son Avijit Mukherjee, who is contesting from Nalhati in Birbhum district as a Congress candidate in the West Bengal assembly elections, has assets worth more than Rs 5 crore jointly with his wife. Avijit who filed his nomination on Tuesday stated in his Affidavits that he had movable assets worth Rs 58.2 lakh. These include a Maruti 800 car, an army Mahindra jeep and a revolver...

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