-The Hindustan Times The planning commission has released poverty data based on the 66th round of the National Sample Survey (2009-10) on household consumer expenditure survey. According to the new estimate, number of poor in India were 29.8% in 2009-10, down from 37.2% in 2004-05. The data is based on the daily per capita consumption of Rs 28 in urban cities and Rs 22 in rural areas in 2009-10. The same for June...
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Poverty line at 28.65: Planning Commission faces criticism for figures
-PTI Planning Commission today faced criticism inside and outside Parliament for its description of poor and resultant fall in people below the poverty line with Opposition parties saying it was making a "dishonest" attempt to conceal reality through "fraudulent" estimates. BJP hit out at the government and the Planning panel for the conclusion that the number of people living below the poverty line has fallen by seven per cent, alleging that the...
More »Decline in poverty? RS dubs it as a ploy
-Rediff.com Opposition parties on Tuesday raised the issue of Planning Commission reducing the number of people living below the poverty line dubbing it as a ploy to deceive the poor. Soon after the Rajya Sabha met for the day, members from Bharatiya Janata Party, Janata Dal-United, Bahujan Samaj Party, All India Anna Dravida Munnettra Kazhagam and the Left parties were on their feet seeking a discussion on the issue. Chairman Hamid Ansari said...
More »Retail inflation at 8.83 per cent in February
-PTI Retail inflation was at 8.83 per cent in February on account of higher prices of protein based items and edible oil products. Retail inflation, based on the Consumer Price Index, was 7.65 per cent the January, as per the government data release here today. Among other items, only vegetable prices saw a decline of 4.73 per cent over the February 2011 level. During the month, the prices of egg, meat and fish rose...
More »Downward slide in the summer of our discontent-Sitaram Yechury
An opportunity has been forsaken to strengthen our economic fundamentals while improving the lives of the people, increasing the divide between India Shining and India Suffering. While the people were hoping for relief in the current budget, the Finance Minister was faced with the task of reversing the slowing growth rate and raging inflation. He had a choice in this budget. He, however, chose a path that is going to worsen...
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