The Planning Commission on Monday released the latest poverty estimates for the country showing a decline in the incidence of poverty by 7.3 per cent over the past five years and stating that anyone with a daily consumption expenditure of Rs. 28.35 and Rs. 22.42 in urban and rural areas respectively is above the poverty line. The new poverty estimates for 2011-12 will only add to the furore triggered by the...
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Bihar's growth story has a poor side-Rukmini Shrinivasan
That Bihar under Nitish Kumar grew at over 10% between 2004-05 and 2009-10 is now well-known. But data released on Monday shows that in the same period, the number of poor in the state actually grew. During this five-year period, Bihar added 50 lakh people to the number of its poor, by far the largest number of any Indian state in this period. A look at Planning Commission numbers for 2009-10...
More »Is India Fudging Its Poverty Numbers?-Tripti Lahiri
According to data released Monday by India’s Planning Commission, the number of people living in absolute poverty in India decreased by 12.5% between 2004-2005 and 2009-2010. India’s official poverty rate stands at 29.8%, or close to 350 million people using 2010 population figures, down from around 37.2% or 400 million previously. The announcement was based on an analysis of data gathered from roughly 100,000 households between July 2009 and June 2010,...
More »5 crore people moved out of poverty: Government
-The Economic Times Data released by the Planning Commission on Monday showed that poverty had significantly declined between 2004-05 and 2009-10. The catch is that this decline is based on a poverty line that is even lower than the earlier Rs 32-per-day mark that had triggered an outrage when the government submitted it to the Supreme Court. The new estimates are based on a poverty line that averages Rs 672.8 per month...
More »India sees biggest dip in poverty, but 360 mn remain poor-Chetan Chauhan
Rural people have driven India's record decline of 7.4 percentage points in the number of poor since economic reforms were initiated in the early 1990s. The latest poverty estimates by the Planning Commission show that 29.8% or 360 million Indians were poor in 2009-10 as compared to 37.2% or 400 million in 2004-05 — the difference being equal to the population of countries such as Spain, Argentina and Canada. The plan...
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