-PTI Planning Commission on Monday further reduced poverty line to Rs 28.65 per capita daily consumption in Cities and Rs 22.42 in rural areas, scaling down India's poverty ratio to 29.8 per cent in 2009-10, the estimates which are likely to raise the hackles of civil society. An individual above a monthly consumption of Rs 859.6 in urban and Rs 672.8 in rural areas is not considered poor, as per the controversial...
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Abhijit Sen, Member, Planning Commission interviewed by Pallavi Polanki
The Planning Commission had released a report, yesterday indicating reduced poverty line to Rs 28.65 per capita daily consumption in Cities and Rs 22.42 in rural areas, scaling down India’s poverty ratio from 37.2 percent to 29.8 percent in 2009-10. Firstpost did an interview with Abhijit Sen, Member, Planning Commission. Here are excerpts from the interview: When we say there is a 7.3 percentage points (from 37.2 percent in 2004-05 to 29.8...
More »Union Budget 2012-13: NRHM gets higher allocation
-IANS The flagship National Rural Health Mission (NRHM) of the United Progressive Alliance (UPA) government got a higher allocation of Rs.20,822 crore in the 2012-13 Budget presented on Friday. Presenting his seventh budget in the Lok Sabha, finance minister Pranab Mukherjee announced the increase in the allocation for NRHM. He also said the National Urban Health Mission was being launched. Under this scheme, the basic primary health needs of the urban poor living...
More »Union Budget 2012-13: Efforts on for consensus on 51% FDI in multi-brand retail
-The Times of India The finance minister Pranab Mukherjee in his Budget speech said that efforts were on to arrive at a political consensus on the issue of allowing 51 per cent Foreign Direct Investment (FDI) in multi-brand retail. The retail sector of the economy has been constantly pushing for allowing foreign direct investment (FDI) in multi-brand retail. The Economic Survey 2011-12 also advocated the case for FDI in multi-brand retail. The much-talked about...
More »Government to focus on raising vegetable output to contain price hike
-PTI Expressing concern over price rise in fruit and vegetables, the government today said it will focus on addressing the issue by bringing more area under horticulture as well as raising productivity levels. "We are more or less comfortable in cereal production. The growth rate in horticultural and animal products is good and better than cereals. But we see price rise in horticulture commodities. This is the area of concern," Agriculture Secretary...
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