Could the Great Indian Middle Class be the Great Indian Mythical Class? A proposed new international definition of what constitutes the middle class in a developing country has thrown up a startling conclusion by global standards, India has no middle class. Noted economist Nancy Birdsall, president of the Center for Global Development, has proposed a new definition of the middle class for developing countries in a forthcoming World Bank publication,...

The empowered Group of Ministers on food security, scheduled to meet tomorrow, will have to walk a tightrope in trying to fulfill the ‘food for all’ promise made by the Congress party in its election manifesto. Not only is the government hamstrung by its inability to sustain procurement levels of of 50 million tonnes of foodgrains every year required to feed all poor — below poverty line (BPL) and above...

By spending just Rs 6,000 crore, the government can make a huge dent in the treatment of all sick people across the whole country — currently, people are spending as much as Rs 25,000 crore on buying essential medicines. This was the strong message sent out from a National Consultation organized by several civil society groups at New Delhi on Tuesday. Officials of the health ministry and the Planning Commission...

SINCE THE RELEASE OF THE ECONOMIC Survey, 2010, in February, much has been discussed — but far less debated — on the issue of substituting India’s public distribution system (PDS) with a food coupon-based targeted subsidy programme to benefit the below-poverty-line (BPL) families. As a leading proponent of this programme, the economic adviser to the finance ministry, Kaushik Basu, has gone on record advocating the use of food coupons declaring...

Increasing the prices at which people living above the poverty line are offered monthly foodgrains under the proposed Food Security Act could now offset the cost of increased food subsidy for the poor. The Planning Commission is going to suggest that the government offer only 25 kgs of foodgrains to those living above the poverty line (APL) at the same price as it costs the government to buy up the...