-PTI The poverty level in Sikkim has gone down with 80,000 people now living below poverty line, according to the new official estimates for 2009-2010 released by the Planning Commission. While in 2004-2005, poverty level in Sikkim stood at 30.9 per cent with 1,70,000 people living under BPL, in the wake of the intense Poverty Alleviation programme initiated by the government, it has been significantly reduced in both urban and rural areas,...
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Poverty data: World Bank says no plan to trim lending to India
-PTI The World Bank will not reduce financial assistance to India for Poverty Alleviation measures because of the recent official data that showed a decline in the number of poor people in the country. The international funding agency takes a long-term view on its commitments and the poverty data released on Monday will not have any bearing on that commitment, World Bank Country Head, Mr N. Roberto Zagha, told PTI on the...
More »Poverty test awaits CM-Devadeep Purohit
-The Telegraph The controversial poverty data from the Planning Commission has a message for Mamata Banerjee: the Marxists have brought down the number of destitute in Bengal but much more needs to be done. Latest data suggest that the number of poor has dipped by 7.5 percentage points in Bengal between 2004-05 and 2009-10, which covers the last five years of Left rule in the state. Poverty in urban areas in Bengal came...
More »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 »Monitoring government spending
-Live Mint High on hype, the budget speech of the Union finance minister today is merely a statement of account. As India’s economy diversifies—with the private sector playing an increasingly important role—this annual feature has assumed much lower salience. Not only have fiscal policies lost the space they enjoyed in earlier years, even major policy announcements are restricted to being mere statements of account. Examples from other arenas include “activism” on...
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