An annual meeting of Asian finance ministers and central bank governors in Hanoi is set to address the fate of 64 million people in the region on the brink of extreme poverty. They are the worst affected by soaring food prices, which have hit record highs in the first two months of this year. "The issue of food price inflation and food security will indeed be one of the key topics...

Planning Commission on Wednesday claimed the UPA government’s inclusive agenda had uplifted around 7 crore from below poverty line (BPL) during the 11th Five-Year Plan period (2007-12). The initial findings suggest that absolute poverty in the country may have come down by five percentage points during the 11th Plan. Satisfied with the figures, deputy chairman of Plan panel Montek Singh Ahluwalia said the government’s policy for inclusive growth is paying off. He...

According to the third advance estimate, India’s foodgrain production in the current farm year (to end in June 2011) will be a record 235.88 million tonnes, including an all-time high wheat output of 84.27 million tonnes against 81.47 million tonnes projected earlier. Ahead of the wheat harvest, the country had buffer foodgrain stock of 47 million tonnes at the start of 2011 in the central pool. A buffer close to double...

NEARLY 80 km from Pune is Ralegan Siddhi village with about 3,000 people. It would have been one among the hundreds of nondescript villages in Parner taluk of Ahmednagar district, Maharashtra, had it not been for Kisan Baburao Hazare, 71, better known as Anna, or older brother, a title that was appended to his name after he made the village more than just a dot on the map. Until he was...

Taking on board citizens' concerns over corruption and quality of governance, the 12th Five Year Plan proposes re-designing of government programmes even as it targets 9-9.5% economic growth with focus on health and education. Aiming at 100% adult literacy, the next Plan (2012-17) proposes to increase expenditure on health from 1.3% to at least 2-2.5% of GDP. The full Planning Commission meeting today presided over by Prime Minister Manmohan Singh was given...