Remember when the public was outraged at the idea that the poverty line should be 32 rupees, or 63 cents, a day in urban areas? We’ve now learned it should really be 29 rupees. And believe it or not, this is no sleight of hand to show a drop in poverty. The Planning Commission’s latest poverty estimates, released Monday evening, show a 7 percentage-point drop in India’s poor, the largest fall since...

-IANS Debunking the government's claim that the number of poor  in India has come down, a top adviser has claimed that around 70 % of the country's 1.2 billion population is poor, and stressed the need for a multi-dimensional assessment of poverty.  "The government claim that poverty has come down is not valid... there is a need for a multi-dimensional assessment of poverty as around 70% of the population is poor," National Advisory...

Critics are wrong when they say poverty has not declined. However, they are right, unknowingly though, when they say that the Planning Commission has not been entirely forthcoming about how it arrived at the poverty estimates it put out last week. The commission seems to have quietly tweaked the consumption data for 2009-10 used to estimate poverty. Hence, not only has it undercounted the poor in 2009-10 by some 18 million,...

-The Pioneer The Planning Commission will constitute an expert group in three months to revisit the methodology for estimating poverty amid demand for removal of its Deputy Chairman Montek Singh Ahluwalia for pegging the poverty line at Rs 28.65 daily per capita consumption for cities and Rs 22.42 in rural areas. “The Government had taken a decision to set up a technical group to revisit the methodology for estimating poverty in a...

One man’s fiscal problem is another man’s lifeline. Trigger happy bureaucrats and economists may love shooting down subsidies because it bloats the fiscal deficit and burdens the government but the simple fact is that in a one billion strong nation, in which nearly one in every three live below the poverty line, one needs an effective and efficient method through which privileged tax payers can support the poor. Last week, finance...