-The Hindustan Times India's official poverty line-a vital economic statistic-is threatening to snowball into a major political controversy in an election year. Political parties are busy quibbling over the details of defining a poverty line amid a welter of protests from social activists who are accusing it of abdicating its responsibility. Economists set a poverty line to fix a threshold income to get a headcount of poor people in a country. Households...
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What the poverty numbers don’t say -Bhaskar Dutta
-The Indian Express What caused the steep fall in poverty reported by the Planning Commission? The evidence is mixed Earlier this week, the Planning Commission released estimates of the incidence of poverty in 2011-12. As in virtually the entire literature on the measurement of poverty in India, these estimates are based on data on per capita consumption expenditure collected by the National Sample Survey Organisation. The estimates show that there has been...
More »Vanishing poverty trick
-The Hindu In figures officially released this week, the Planning Commission claims that poverty incidence had declined from 37.2 per cent of the population in 2004-05 to 21.9 per cent in 2011-12. This 15.3 percentage points decline over a seven-year period amounts to an unprecedented annual decline of 2.2 percentage points in the poverty rate. If that trend is sustained, it would lead to an end to "official" poverty in India...
More »It figures
-The Indian Express Greater economic growth, not more subsidy, has resulted in poverty falling like never before Given how poverty levels have fallen sharply, from 37.2 per cent of the population in 2004-05 to 21.9 per cent in 2011-12, the question is whether this is due to rising economic growth or a more sprawling subsidy regime. Since the government plans to bring in the Food Security Bill, it is easy to guess...
More »Amartya Sen backs Bihar’s growth model
-The Times of India NEW DELHI: Nobel laureate Amartya Sen on Sunday backed Bihar's growth strategy, arguing that growth was not independent of social transformation. "What is needed is an integrated approach for development and growth," Sen said at a book release event. Citing Japan's model, which was later adopted by South Korea, Taiwan, Hong Kong and Singapore, the noted economist suggested that without education and proper health facilities, it was difficult...
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