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Bhagwati vs Sen: Poverty data gives the verdict-Mayank Mishra

-The Business Standard Growth, not entitlement, reduces poverty, according to the latest data The numbers may seem unrealistic, but the broad indication is loud and clear: among all available medicines, growth seems to be the most effective medicine against poverty at the moment. According to the recently released poverty data, states like Odisha, Bihar and Rajasthan have done well when it comes to reducing poverty in the last seven years. And these...

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Know where to draw the line

-The Hindustan Times India's official poverty line-a vital economic statistic-is threatening to snowball into a major political controversy in an election year. Political parties are busy quibbling over the details of defining a poverty line amid a welter of protests from social activists who are accusing it of abdicating its responsibility. Economists set a poverty line to fix a threshold income to get a headcount of poor people in a country. Households...

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Vanishing poverty trick

-The Hindu In figures officially released this week, the Planning Commission claims that poverty incidence had declined from 37.2 per cent of the population in 2004-05 to 21.9 per cent in 2011-12. This 15.3 percentage points decline over a seven-year period amounts to an unprecedented annual decline of 2.2 percentage points in the poverty rate. If that trend is sustained, it would lead to an end to "official" poverty in India...

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It figures

-The Indian Express Greater economic growth, not more subsidy, has resulted in poverty falling like never before Given how poverty levels have fallen sharply, from 37.2 per cent of the population in 2004-05 to 21.9 per cent in 2011-12, the question is whether this is due to rising economic growth or a more sprawling subsidy regime. Since the government plans to bring in the Food Security Bill, it is easy to guess...

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Beyond the debate, govt. accepts 65% Indians are poor -Rukmini S and MK Venu

-The Hindu Notional poverty line will stand at a per capita expenditure of around Rs. 50 per day in rural areas and Rs. 62 in urban areas While the Opposition pillories the Planning Commission for using a formal definition of poverty that ensures the percentage of people below the poverty line is lower than what it ought to be, the government has begun moving to a broader and more realistic de facto...

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