Remember when the public was outraged at the idea that the poverty line should be 32 rupees, or 63 cents, a day in urban areas? We’ve now learned it should really be 29 rupees. And believe it or not, this is no sleight of hand to show a drop in poverty. The Planning Commission’s latest poverty estimates, released Monday evening, show a 7 percentage-point drop in India’s poor, the largest fall since...
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New poverty estimate soon-Richard Mahapatra
But will it reflect true level of poverty in the country? India's poverty line has hit the headlines again. In the past six months this is for the second time that the government has tried to bring out a poverty line. Like the poverty line in September last year, the new poverty line has also triggered widespread dissent and debate. In an action replay, this time also the government almost junked...
More »Poverty Cutoff Low Due to NSSO Data
-The Economic Times Planning Commission Deputy Chairman Montek Singh Ahluwalia on Tuesday blamed faulty data provided by NSSO for the low poverty threshold in the country. The poverty line for 2009-10 has been pegged at Rs 29 per day per capita expenditure for urban population and at Rs 22 per day per person for rural population, which has invited widespread criticism. NSSO could be severely understating national consumption expenditure, Ahluwalia said. “Earlier, the NSSO...
More »Debate on poverty of poor quality, says Basu
-The Business Standard Terming the debate over poverty numbers of a poor quality, chief economic advisor in the finance ministry Kaushik Basu today said even if different yardsticks were adopted, roughly the same conclusions would be drawn on decline in the number of people below the poverty line, between 2004-05 and 2009-10, as was estimated by the Planning Commission. The decline in the number during the period was the sharpest in any...
More »Lesser poor people in India now, suggests new poverty line-Rupashree Nanda
If you could spend more than Rs 28 per day and lived in a town, or Rs 22 per day and lived in a village, you were above the poverty line. This is Planning Commission's new poverty line for the year 2009-2010. According to its most recent estimates, 52 million people moved out of poverty between 2005 and 2010. For rural areas, poverty is down from 42% to 33% while for...
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