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Nearly half of Indians survived on less than Rs.38 a day in 2011-12 -Tadit Kundu

-Livemint.com The Global Consumption and Income Project suggests that official statistics might be understating the extent of poverty How much of India is poor? And by how much has that number reduced over the years? This is an old debate and the answers to these questions vary greatly depending on the choice of the survey method and the poverty line. According to official statistics , India’s poverty rate declined from 45% in...

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Notes from the field: rural transformation and MGNREGA -Swasti Pachauri

-Down to Earth Blog MGNREGA has been successful in Madhya Pradesh. Can the scheme also provide solutions for the current drought in the region? Sevanti Bai (45) lives alone in a village in Madhya Pradesh. Her husband died fifteen years ago, owing to health complications. With no land or children to depend on, she fends for herself by engaging in ‘rojgaar guarantee, as the locals call the scheme. MGNREGA, she says, has...

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Subsidies to farmers help agriculture? Perhaps not

-The Financial Express Rising dole hits both investment and productivity With around Rs 175,000-180,000 crore of annual expenditure on agriculture subsidies, the government probably feels it is doing a lot for the farmers and, come election time, will probably boast about it to get the rural vote. Yet, as an Icrier analysis at its ‘Supporting Indian farms the smart way’ workshop shows, not only is the rising subsidy not helping agriculture as...

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India needs sound policy to battle weather shocks

-Hindustan Times About 330 million people are affected by drought in 10 states as 256 districts reel from severe water shortages and poor farmers suffer crop losses. The current dry spell is partly because of two back-to-back years of bad monsoons. Policy makers have no control over fickle weather whims. As credit rating and research agency Crisil points out, the rising frequency of weather shocks amid higher vulnerabilities has compounded agrarian...

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