Over the past week, I’ve chronicled my investigative research on starvation in India – a project I’ve been working on with a colleague from the Centre for Equity Studies, a New Delhi think tank. We’ve told stories of people who were forced to eat poisoned roots to stay alive; a family that suffered the deaths of members from three different generations in a span of 24 hours; a woman faced with...
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Matching a measure to its meaning by Ashima Goyal
Statistics can abet illusions, unless properly understood and used. The debates on poverty line and budget deficits reflect a lack of understanding of the meaning and purpose of these measures. India has been recently witness to furious debates on measures of poverty and budget deficits. Any measure can be used only for the purpose it is designed for. The debates in the present cases were furious, because preconceptions and emotions were...
More »Poverty data based on consumption expenditure gives skewed result-Rajesh Shukla
One would expect a debate such as the current one on poverty estimates to be conducted with a serious exploration of its various facets. However, instead of a comprehensive, fact-driven exploration, the debate has yielded aspersions on the intellectual honesty of academicians. Although given its electoral connotations, one does expect political biases to creep into the debate, the barrage of criticism hurled at the Planning Commission, over its affidavit in...
More »Pranab banks on indirect tax hike-Ashok Dasgupta
Token relief to individual taxpayers will cost the exchequer Rs. 4,500 crore In a “pragmatic and domestic growth-oriented” budgetary exercise aimed at shoring up investor confidence and investment, Union Finance Minister Pranab Mukherjee on Friday sought to tap indirect taxes, especially service tax, to rake in an additional Rs. 45,940 crore into his kitty. Presenting the budget for 2012-13 in Parliament, Mr. Mukherjee provided a token relief to individual taxpayers that will cost...
More »Subsidy bill reduction target ‘ambitious’-Aman Malik
The government plans to cut its subsidy bill to under 2% of the gross domestic product (GDP) in 2012-13, finance minister Pranab Mukherjee said in his budget speech on Friday. High crude oil prices and burgeoning fertilizer subsidies, primarily on account of imported non-urea fertilizers, have meant India’s subsidy bill has zoomed to Rs2.16 trillion, or 2.5% of the GDP. Mukherjee has set an ambitious target to reduce this to under 1.75%...
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