The Planning Commission’s latest affidavit to the Supreme Court in the right to food case reveals it has not taken the court’s advice to revise the thresholds and spending that determine the poverty line, although the commission admits to spiralling food costs and inflation. The affidavit was filed in a public interest litigation being pursued by the People’s Union for Civil Liberties, which wants the government’s threshold of Rs. 12 and...
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Rs 65,000cr loan waiver fails to make farmers debt-free
-DNA The Centre's debt relief scheme for the farmers has given anything but relief to the poor farmers. Despite the Rs 65,318.33-crore Agricultural Debt Waiver and Debt Relief Scheme (ADWDRS) launched by the UPA with much fanfare in 2008, nearly 43.42 million (48.6 per cent) of the 89.35 million farmer households are still in debt. This is the finding of National Sample Survey Organisation (NSSO) report on 'Indebtedness of Farmers Household'. The scheme benefited...
More »Latest employment trends from the NSSO by CP Chandrasekhar and Jayati Ghosh
The results of the latest NSSO large survey on employment and unemployment provide crucial evidence on the pattern of inadequate job creation in this phase of high economic growth. This edition of MacroScan provides an initial analysis of the results. No sooner were the results of the 66th Round of the National Sample Survey Organisation (relating to data collected in 2009-10) released, than they became the subject of great controversy. Surprisingly,...
More »Spending pattern points to India's rich-poor divide by Indivjal Dhasmana
The gap in consumption spending between poor and rich is more in urban areas than rural. Apart from much inequality in consumption between urban and rural areas. Consumption per capita was 5.6 times less in a month for the bottom ten per cent of the population than the top 10 per cent in rural areas during 2009-10. The disparity increases to 9.8 times between the two classes in urban parts, according...
More »City’s poor dwellers are no richer than village counterparts -ENS Economic Bureau
There’s not much difference between the spending patterns of the urban and rural poor but the city-village divide becomes much wider amongst the rich in each class. These are some of the key findings of the National Sample Survey Organisation’s (NSSO) 66th round of survey on household consumption expenditure. The survey, which was carried out between July, 2009 and June, 2010 has revealed that the poorest 10 per cent of India’s...
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