A significant proportion of the country’s official below poverty line (BPL) population cannot be termed ‘poor’. Fathom this: around a fourth of the 14 million odd BPL households in urban India own a two-wheeler, a third of them a colour TV and almost two-third a pressure cooker. Almost one in five urban BPL households has at least one well-educated, graduate or above, member. The 56 million-strong rural BPL population too exhibits...

In June 1991, the country embarked on a bold adventure by exposing to market vicissitudes its insulated manufactories, regulated (but pockmarked with soft spots) financial markets and inexperienced economic players. An economy, in those days, was about people, not giant factories and ships with riches. Though successive governments have secured the reformative underpinnings of the liberalisation process, it is to the credit of players in India that the sublime quest...

The Left Front government today tried to woo back poor voters by enacting a law that confers land rights on impoverished families who have forcibly occupied plots and built homes there. Two lakh families, categorised in the bill as agricultural labourers, fishermen and artisans and described as “very poor’’, will benefit from the law. The settlement rights will be given only up to five-and-a-half cottahs and only if the squatters have...

The Union Cabinet on Thursday approved a Rural Development Ministry proposal to launch the National Rural Livelihood Mission that aims to reduce poverty in a time-bound manner through provision of diversified employment opportunities and skill development. The proposal for the big-ticket development mission was earlier approved by the Expenditure Finance Commi-ttee and was taken up by the Cabinet Committee on Eco-nomic Affairs for clearance in a meeting on Thursday even-ing....

The Cabinet Committee on Economic Affairs (CCEA) Thursday approved the restructuring of a centrally-sponsored rural self-emeployment scheme as a National Rural Livelihood Mission (NRLM) given past experiences, shortcomings pointed out by research studies and recommendations by various committees. Home Minister P. Chidmabaram said that NRLM will function in a mission mode for target-based delivery of outcomes. It will follow a demand driven approach which would allow the states to formulate...