The government is mulling a raft of incentives for special economic zone developers to encourage them to move away from urban centres and focus on economically backward regions. A senior official in the commerce ministry said SEZ developers might get wider tax concessions if they build economic hubs in underdeveloped areas. The government may also lower the minimum area ceiling to ease land acquisition by them, the official said. These incentives...
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Planning Commission's poverty line not to impact socio-economic census
-IANS The ongoing enumeration for a socio-economic census in the country will not be affected by the poverty line cut-off spelled out by the Planning Commission, according to a senior rural development ministry adviser. The Planning Commission informed the Supreme Court Tuesday that poverty line could be provisionally placed at around Rs.32 a day per capita in Urban Areas and Rs.26 in rural areas. Manjula Krishnan, chief economic adviser in the minstry, said...
More »Plan panel's poverty benchmark is unacceptable: Experts
-The Economic Times More than 25 of the top economists of the country have written an open letter against the Planning Commission poverty line and said that the public distribution system should be universalized. "We do not consider the official national poverty lines set by the Planning Commission, at Rs 32 and Rs 26 per capita per day for urban and rural areas respectively, to be acceptable benchmarks to measure the extent...
More »Facing Anti-Poor Label, Govt Asks Plan Panel to Revise Joke of an Affidavit
-The Times of India Faced with fierce criticism over the Planning Commission’s new criteria for poverty line, the Government has asked the Plan panel to revise its affidavit. The Planning Commission had said that that those spending more than Rs. 32 a day in Urban Areas, or Rs. 26 a day in villages, would no longer be eligible to draw benefits meant for those living below the poverty line. The new tentative...
More »‘Rs. 39 enough for med expenditure’ by Dhananjay Mahapatra & Nitin Sethi
Updating the poverty line cutoff figures, the Planning Commission said that those spending in excess of Rs 32 a day in Urban Areas or Rs 26 a day in villages would no longer be eligible to draw benefits for those living below the poverty line. TOI broke down the overall monthly figure for Urban Areas and used the CPI for industrial workers along with the Tendulkar committie report figures to see...
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