-The Times of India Faced with a looming embarrassment over the disclosure of irregularities in the allocation of coal blocks, finance minister Pranab Mukherjee on Saturday sought to play down the findings of the auditor, asserting that his final report would spare the government. Speaking against the backdrop of Opposition's criticism and its demand for a CBI probe into what is being called " Coalgate", Mukherjee said that that the report scooped...
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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 data: World Bank says no plan to trim lending to India
-PTI The World Bank will not reduce financial assistance to India for poverty alleviation measures because of the recent official data that showed a decline in the number of poor people in the country. The international funding agency takes a long-term view on its commitments and the poverty data released on Monday will not have any bearing on that commitment, World Bank Country Head, Mr N. Roberto Zagha, told PTI on the...
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...
More »Plan panel to set up expert group to revisit criteria for poverty
-The Pioneer The Planning Commission will constitute an expert group in three months to revisit the methodology for estimating poverty amid demand for removal of its Deputy Chairman Montek Singh Ahluwalia for pegging the poverty line at Rs 28.65 daily per capita consumption for cities and Rs 22.42 in rural areas. “The Government had taken a decision to set up a technical group to revisit the methodology for estimating poverty in a...
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