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Bhagwati vs Sen: Poverty data gives the verdict-Mayank Mishra

-The Business Standard Growth, not entitlement, reduces poverty, according to the latest data The numbers may seem unrealistic, but the broad indication is loud and clear: among all available medicines, growth seems to be the most effective medicine against poverty at the moment. According to the recently released poverty data, states like Odisha, Bihar and Rajasthan have done well when it comes to reducing poverty in the last seven years. And these...

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Nitish Kumar writes to Prime Minister seeking higher wages under NREGA -Urmi A Goswami

-The Economic Times NEW DELHI: Bihar chief minister Nitish Kumar is leveraging his politically 'unattached' status to seek higher wages for his people under the Centre's rural employment guarantee scheme. Kumar, being wooed by the Congress after he parted ways with the BJP, has written to Prime Minister Manmohan Singh saying that the state plans to raise NREGA payments to align them with the statutory minimum wage. "Notification of lower wage rates...

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Will rising prices hit poll result? UPA govt panics -Rajeev Deshpande

-The Times of India NEW DELHI: Rising apprehension that food inflation may finally begin to bite in electoral terms has seen the Manmohan Singh government press the panic button as retail prices of cereals, vegetables and pulses soar in comparison to last year. Persistent high inflation, particularly in food, is gnawing the government ahead of assembly polls in four major states later this year and the 2014 Lok Sabha election, a concern...

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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...

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Four states to get more MGNREGA funds -Yogima Seth Sharma

-The Economic Times NEW DELHI: The government is giving a fresh push to its flagship rural employment scheme ahead of the general elections, providing additional funds to Uttar Pradesh, Bihar, Jharkhand and Odisha. To begin with, the rural development ministry will pump in 200 crore each year, a senior official told ET, adding that these states have been chosen because half of their population is below poverty line and they have not...

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