Consumption-based measures don’t accurately estimate poverty Since the publication of poverty estimates purportedly based on the Tendulkar methodology and the 2009-10 consumption survey of the National Sample Survey Organisation (NSSO), many in Parliament and outside, from different political parties, have questioned its conclusions. Concomitantly, media reactions have speculated on poverty’s relationship with fertility, growth, specific schemes, et al. But, India’s poverty, like itself, refuses to classify itself in simple boxes. Beyond the...
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The great and infuriating poverty debate-Saugato Datta
The debate over the poverty numbers in India is oddly impoverished. Judging from the vociferousness with which India’s press and English-speaking upper-middle-classes are debating the latest poverty figures, those who chide the wealthy for a lack of concern for the poor are barking up the wrong tree. And no doubt much of the breast-beating about the “absurd” poverty cutoffs and the declines in poverty (exaggerated! inadequate!) is extremely well-intentioned. Unfortunately, the...
More »World Bank approves $4.3b aid to India to fight poverty
Source: PTI/IANS The World Bank has announced $4.3 billion in financial aid to India through a new innovative and flexible financing arrangement to help the country fight poverty. The arrangement, while facilitating a $4.3 billion increase in support to India, is designed to maintain International Bank for Reconstruction and Development's -- which is its lending arm -- net exposure within the limit of $17.5 billion established by it. In a statement, the World...
More »More Benefit than Cost-Alaka M Basu
For women, the NREGA would bring important social gains Not being an expert on the subject and too lazy to read all the fine print, I do not know the exact allocations under the Mahatma Gandhi National Rural Employment Guarantee Act this year. But I gather the money has been cut down, largely because the sums allocated last year were not fully used by most states. Maybe there were other considerations...
More »Pranab vetoes extra food subsidy to states-Ravish Tiwari
In the first example of his intention to take “difficult decisions” to contain the ballooning subsidy burden to control the fiscal deficit, Finance Minister Pranab Mukherjee on Monday denied permission to food minister KV Thomas for about 26.5 million tonnes of additional food grain allocation to states at subsidised rates over the normal allocation that would have cost the exchequer Rs 32,794 crore of food subsidy. “It will have to be...
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