-Economic and Political Weekly A survey to identify who the poor are and how many are actually poor is necessary if programmes and benefits targeted at the needy are to reach them. The Socio Economic Caste Census, of which partial results have been published, was intended to do this. Yet, even a cursory look at the figures indicates that they call for a willing suspension of disbelief. N C Saxena (naresh.saxena@gmail.com) was...
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A subsidy and some questions
-The Hindu The Central government’s decision this week to extend the interest subvention scheme on bank loans given to land-owning farmers at 7 per cent is essentially a welcome move. This is especially so in a context where there is no real clarity on how the current monsoon will turn out to be, running at a deficit of 7 per cent as it does currently. With an additional subvention component of...
More »Petty cultivators & agricultural labourers worst victims of farm suicide
There is a class angle to farmers' suicide in India. Close to three-quarter of farmers who committed suicide in 2014 were small and marginal farmers. ‘Bankruptcy or indebtedness’ accounted for one-fifth of total farmers’ suicide during 2014. The report entitled Accidental Deaths & Suicides in India 2014 by the National Crime Records Bureau of Ministry of Home Affairs clarifies the doubt that indebtedness and bankruptcy were major causes of farmers' suicide,...
More »The measure of poverty -C Rangarajan & S Mahendra Dev
-The Indian Express Estimates based on SECC and NSS data have different purposes. Recently, the government released data from the Socio-Economic Caste Census (SECC) 2011. There has been comment that hereafter, we need not have consumption-based poverty estimates using NSS (National Sample Surveys) data. It is thought that SECC data will alone be enough to estimate poverty and deprivation. Here, we briefly examine the differences between the two and clarify that...
More »Social Safety nets require more public funding
The nation can be proud of running some of the world's largest programmes on social safety nets, says the latest report by World Bank. However, public spending on safety nets is still low in comparison to neighbouring countries Bangladesh and Pakistan. India tops the list of 136 countries for running the world's largest school feeding programme i.e. the Mid Day Meal Scheme (MDMS), and also the biggest public works programme i.e....
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