Prime Minister Manmohan Singh today said rising prices of fuel were a reality Indians needed to deal with as any more subsidies in the oil sector could destabilise the economy. The comment came days after Mamata Banerjee, his biggest ally at the Centre, warned that her Trinamul Congress would quit the ruling UPA if prices of kerosene, diesel and cooking gas were raised. Asked what he thought of the Bengal chief minister’s...

-The Hindustan Times   Do these people look well-off to you? The planning commission puts them above poverty line. Basant Kumar, 51  Shopkeeper  Kusumpur Pahari slum,  Vasant Vihar, Delhi Daily expense: Rs 53   Basant Kumar runs a little shop in a slum in Vasant Vihar, home to over two lakh migrant families. He feeds and clothes his wife and three children on his meagre earnings of Rs5,000 a month. He also works odd-jobs, in construction or with...

-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...

The acronym LPG has several expansions. It stands for liquefied petroleum gas. It stands for liberalisation, privatisation and globalisation, a term of abuse used by those with Leftwing persuasions. It stands for life plundered by the government, sentiments associated with those who are against state intervention, but increasingly felt by the so-called middle class - however defined - because of price hikes, and proposed price hikes, for petroleum products. Ostensibly, price...

A survey conducted across nine states by the Indian Institute of Technology, Delhi and Allahabad University suggests that the much maligned system has revived, prodded by politics, good governance and the apex court. It also found the poor to be averse to cash transfers Kotri is a mid-sized village in Desuri block (Pali district, Rajasthan), about 15 kilometres away from the nearest large bus stand and market place. We walked to...