India doubled the pace at which it has been reducing poverty in rural areas in the five years to 2009-10 by moving around 47 million over the so-called poverty line. Interestingly, the five years to 2009-10 also saw India grow the fastest in any five-year period in the past, at an average of 8.7%. In the same period, 5 million people in urban India moved above the poverty line. The numbers...
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Poverty line: BJP demands debate in Rajya Sabha
-CNN-IBN The Planning Commission's latest report on poverty rates declining has raised a storm in Parliament. The Bharatiya Janata Party (BJP) has demanded a reply from the government in the Rajya Sabha on the latest numbers. The Planning Commission on Monday said that the poverty in India has come down in the country during the 2009-2010 period. According to its latest report, the Commission said more than 8 per cent of India...
More »Now, Planning Commission lowers the poverty line-K Balchand
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...
More »Forget Rs 32, if you earn Rs 28 a day, you are not poor
-PTI Planning Commission on Monday further reduced poverty line to Rs 28.65 per capita daily Consumption in cities and Rs 22.42 in rural areas, scaling down India's poverty ratio to 29.8 per cent in 2009-10, the estimates which are likely to raise the hackles of civil society. An individual above a monthly Consumption of Rs 859.6 in urban and Rs 672.8 in rural areas is not considered poor, as per the controversial...
More »Poverty falls, but inequality worsens-Anil Padmanabhan
There are two messages, one good, the other, bad, in the latest poverty numbers released by the government. The good news first. It is obvious that poverty has declined in aggregate terms, both in rural and urban India. At a national level, it has declined by 7.4 percentage points from 37.2% in 2004-05 to 29.8% in 2009-10; rural poverty, over the same period, has declined from 41.8% to 33.8%, and urban...
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