-The Economic Times   Pressure from within and outside the government has forced Planning Commission Deputy Chairman Montek Singh Ahluwalia to clarify that the Tendulkar Commission's poverty line was, "not meant to be an acceptable level of living for the aam aadmi." Ahluwalia said a new methodology will be worked out to determine entitlements of beneficiaries under various schemes for poor. A Socio-Economic and Caste-Economic census was also underway to survey all rural...

Though the methodology for determining the poor would be based on the socio-economic caste census being undertaken by the Rural Development Ministry, the (Suresh) Tendulkar poverty line would remain a relevant reference point “to see how development is helping to take more and more individuals above a fixed line over time and across States,” Planning Commission Deputy Chairman Montek Singh Ahluwalia told a news conference here on Monday. As per the...

-The Business Standard   Mining companies have warned of a price spiral in commodities once the new mining law provisions are in place. The industry sees the government decision of mandatory profit and royalty sharing impacting it by an estimated Rs 15,000 crore every year. This would include a Rs 12,200-crore hit on non-coal mining companies and Rs 2,800 crore on coal miners. “The provisions of this Bill will affect the industry badly,”...

Expected to clarify Planning Commission's stand on the issue today Planning Commission Deputy Chairman Montek Singh Ahluwalia on Sunday called on Prime Minister Manmohan Singh in the wake of the controversy over the Commission's Rs. 32 per capita per day definition of poverty line. He is expected to clarify the Commission's stand on the issue on Monday. The controversy broke out after an affidavit was filed by the Commission in the Supreme...

-The Economic Times   The Planning Commission, under a sustained attack from the Union Cabinet and the National Advisory Council over its affidavit to the Supreme Courtthat claimed that the rural poor can take care of his food, educational and health requirements with 25 a day, is expected to revise its stand on Monday. This follows a meeting between Planning Commission Deputy Chairman Montek Singh Ahluwalia and Prime Minister Manmohan Singh here...