The basic problem with the Approach Paper, as with its predecessor, is that its theoretical paradigm is wrong. WHAT used to be said of the Bourbon kings of France applies equally to the Indian Planning Commission: “They learn nothing and they forget nothing.” The Approach Paper to the Twelfth Five-Year Plan gives one a sense of déjà vu. It is hardly any different from the Approach Paper to the previous Plan...

The changing stances of the Planning Commission reflect the influence of the political climate. THE short note on the history of the Planning Commission on its website concludes thus: “For the first eight Plans the emphasis was on a growing public sector with massive investments in basic and heavy industries, but since the launch of the Ninth Plan in 1997, the emphasis on the public sector has become less pronounced and...

-The Times of India   The Rs 32 per capita urban poverty line is a measure only of extreme poverty, not of acceptable Consumption-linked daily expenditure. Planning Commission deputy chairman Montek Singh Ahluwalia and rural development minister Jairam Ramesh have clarified this. They've also stated that prevailing BPL figures won't determine selection of the beneficiaries of social schemes. This hopefully will put an end to the high-decibel protests of opposition parties and...

-The Hindu   Loans disbursed to State Governments by the National Bank for Agriculture and Rural Development (NABARD) for creating rural infrastructure has crossed the Rs.1 lakh crore mark. Of that Rs.6,523 crore has been disbursed in Tamil Nadu. This is the fourth among the States that have availed of substantial financial support from NABARD. The other three are Andhra Pradesh (Rs.9,711 cr.), Uttar Pradesh (Rs.7984 cr.), Gujarat (Rs.7,324 cr.), According to a NABARD...

There are two ways to identify the poor: in terms of how much they lack, and in terms of what you can do for them. To begin with, India's poverty line was set at the total (food and non-food) expenditure observed for the person who was just about consuming a nutritionally adequate number of calories. In subsequent years, rural and urban poverty lines were adjusted to take inflation on board, without adjusting...