-The Times of India NEW DELHI: The government will soon revise the contentious poverty line upward from Rs 27.20 in rural areas and Rs 33.40 in urban areas after it receives the report of the Rangarajan committee that is examining the validity of the current yardstick. Minister of state for planning Rajeev Shukla told TOI the government was in the process of re-evaluating the poverty line in a bid to make it...
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Measuring poverty: How the world counts its poor -Gaurav Choudhury and Chetan Chauhan
-The Hindustan Times What does it mean to be poor across the world? It means different things in different countries depending on the definition of the poverty line-an income threshold below which families are considered poor. In most of Europe, a family with a net income of less than 60% of the "median net disposable income" - a broad measure of the national average income net of taxes income - is counted...
More »How state lost out on job scheme funds
-The Telegraph Ranchi: Implementation of MGNREGS, the Centre's flagship scheme to provide employment to the rural populace, has not been up to the mark and has failed on several fronts in Jharkhand, the office of the accountant general has said. This meant funds to the tune of Rs 4591.47 crore, which could have been utilised in creating infrastructure under Mahatma Gandhi Rural Employment Guarantee Scheme, besides providing more jobs to village people,...
More »Income disparity between rich and poor growing rapidly -Subodh Varma
-The Times of India NEW DELHI: Everybody knows that there is a chasm between the rich and the poor. But can it be measured? And, more importantly, is this disparity between the rich and poor growing or coming down? New data based on consumption expenditure surveys shows that income disparity is growing and at a rapid clip. Spending and consumption by the richest 5% zoomed up by over 60% between 2000 and...
More »Punjab’s new agro policy will be a drain on hope -Chander Suta Dogra
-The Hindu Groundwater meets three quarters of the State's farming needs The Punjab State Farmers Commission recently published a draft new agriculture policy for the State that envisages substantial crop diversification from paddy and wheat staples that the State has been growing since the sixties. The draft policy, currently being debated in agriculture circles, is the first serious road map to steer Punjab's agriculture towards a new dynamic, necessitated by a sharp...
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