Bihar, which was synonymous with poverty, has emerged as the fastest growing state for the second year running, clocking a scorching 13.1% growth in 2011-12. Not just that, on the back of four years of double-digit growth, its economy is now bigger than that of Punjab—until recently the preferred destination of Bihari migrant workers. Among the top five states, Bihar is followed by Delhi and Puducherry. Mineral-rich Chhattisgarh, which many had...
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Kudankulam row: Government has problems with foreign-funded NGOs, but is comfortable with corporate lobbying-Kiran Karnik
Do dollars dictate dissent? Are agendas altered as advised? Government statements related to these questions - specifically, the foreign funding of non-government organisations (NGOs) involved in the protests against nuclear power at Kudankulam - generated much discussion. The uproar is over, and Kudankulam will soon be operational. However, many wider issues remain, and these merit consideration. Among these, two significant ones are the role of NGOs - or, more specifically, civil...
More »Plan panel sticks to figures, says poverty came down 7.3% in 10 years
-The Times of India Even as the opposition accused the government of tampering with poverty figures, Planning Commission stuck to its stand that poverty had declined by 7.3% between 2004-05 and 2009-10, a period when the Congress-led UPA has been in power. "You can put whatever poverty line you want, the fact is... the decline in poverty is twice the decline in the previous 11 years," Planning Commission deputy chairman Montek Singh...
More »Poverty data faulty, have not fudged numbers: Panel
-The Hindustan Times The Planning Commission on Tuesday admitted of a serious flaw in the National Sample Survey data and national accounts, which led to pegging the poverty line at Rs 28 per capita daily consumption in cities. Plan panel deputy chairperson Montek Singh Ahluwalia said the discrepancy between the consumer survey, on whose basis the poverty number were derived, and national accounts was a serious statistical problem. The commission...
More »Rural India loses steam: Demand for tractors, agriculture machinery, durables decline as income falls, prices rise
-The Economic Times In 2007, 27-year-old Kaushalendra from Bihar shunned the placement frenzy, which would see many of his colleagues earn fat salaries, in favour of a more homespun alternative: Selling fresh vegetables on a push cart to residents of his hometown Nalanda. Putting together whatever money he had, Kaushalendra began the venture in 2008 and soon started doing well. People didn't mind paying a little more if they saw value in...
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