That Bihar under Nitish Kumar grew at over 10% between 2004-05 and 2009-10 is now well-known. But data released on Monday shows that in the same period, the number of poor in the state actually grew. During this five-year period, Bihar added 50 lakh people to the number of its poor, by far the largest number of any Indian state in this period. A look at Planning Commission numbers for 2009-10...
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5 crore people moved out of poverty: Government
-The Economic Times Data released by the Planning Commission on Monday showed that poverty had significantly declined between 2004-05 and 2009-10. The catch is that this decline is based on a poverty line that is even lower than the earlier Rs 32-per-day mark that had triggered an outrage when the government submitted it to the Supreme Court. The new estimates are based on a poverty line that averages Rs 672.8 per month...
More »Food bill threat to fiscal discipline
-The Telegraph Annual expenses for the government’s food security programme have been estimated at Rs 112,205 crore, which will make it very difficult for the government to fulfill its commitments on checking fiscal deficit. Food and consumers affairs minister K.V. Thomas disclosed the massive bill on the programme today in the Rajya Sabha, though no mention of this was made in Friday’s budget. Finance minister Pranab Mukherjee had just said he would foot...
More »India sees biggest dip in poverty, but 360 mn remain poor-Chetan Chauhan
Rural people have driven India's record decline of 7.4 percentage points in the number of poor since economic reforms were initiated in the early 1990s. The latest poverty estimates by the Planning Commission show that 29.8% or 360 million Indians were poor in 2009-10 as compared to 37.2% or 400 million in 2004-05 — the difference being equal to the population of countries such as Spain, Argentina and Canada. The plan...
More »Karnataka’s poverty ratio declines by 9.7%
-DNA The percentage of people living below the poverty line in Karnataka has come down by 9.7% in the estimate of poverty for 2009-10, released by the Planning Commission on Monday. In 2004-05, the percentage of people living below poverty line was 33.3%. In 2009-10, it was 23.6%. Apart from Karnataka, Himachal Pradesh, Madhya Pradesh, Maharashtra, Odisha, Sikkim, Tamil Nadu and Uttarakhand also recorded a decline of about 10 percentage points. In Karnataka,...
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