-The Deccan Herald The poverty line continues to be a conundrum. The fixing of the poverty line at Rs 47 for urban areas and Rs. 32 in rural areas per capita per day by the latest Rangarajan committee report, based on a person or family's spending per day (called ‘consumption expenditure') has again drawn vociferous criticism. All these years, this all important line has not been fixed in a rational manner, rendering...
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Poverty ratio declines to 21.9 per cent
-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 presented by the Finance Minister Shri Arun Jaitely has asked policy makers to design and execute development strategies targeting the young population that was approximately 58 per cent in 2001 and will increase to more than 64 per cent in 2021. The Government has to take timely action to make people healthy, educated and adequately skilled. Social-sector expenditure Expenditure on social services...
More »Growth and reforms only way to reduce poverty -Mrityunjay Kumar
-Niti Central According to a report, the Rangarajan committee has retained consumption expenditure as the basis for determining poverty according to which the total number of poor in the country at 36.3 crore or 29.6 per cent of the population. After much public outcry over the UPA's poverty line, another expert panel headed by veteran economist C Rangarajan has come up with a report recommending that those who are spending more than...
More »Poverty count: Chhattisgarh worst off; Orissa and MP follow
-The Indian Express Goa, with just 6.3% of its population under the poverty line, tops the list: Panel. Nearly half of Chhattisgarh's population has been estimated to be below the poverty line, according to the new definition of poverty. In contrast, Goa, with just 6.3 per cent of its residents under the poverty line, tops the list of states with the lowest poverty count. The findings are a part of the new poverty estimates...
More »New poverty line: Rs 32 in villages, Rs 47 in cities -Mahendra Kumar Singh
-The Times of India NEW DELHI: Those spending over Rs 32 a day in rural areas and Rs 47 in towns and cities should not be considered poor, an expert panel headed by former RBI governor C Rangarajan said in a report submitted to the BJP government last week. The recommendation, which comes just ahead of the budget session of Parliament, is expected to generate fresh debate over the poverty measure...
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