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Growth and reforms only way to reduce poverty -Mrityunjay Kumar

-Niti Central According to a report, the Rangarajan committee has retained consumption expenditure as the basis for determining poverty according to which the total number of poor in the country at 36.3 crore or 29.6 per cent of the population. After much public outcry over the UPA's poverty line, another expert panel headed by veteran economist C Rangarajan has come up with a report recommending that those who are spending more than...

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Poverty ratio declines to 21.9 per cent

-Press Information Bureau/ Ministry of Finance   The Economic Survey 2013-14 presented by the Finance Minister Shri Arun Jaitely has asked policy makers to design and execute development strategies targeting the young population that was approximately 58 per cent in 2001 and will increase to more than 64 per cent in 2021. The Government has to take timely action to make people healthy, educated and adequately skilled. Social-sector expenditure Expenditure on social services...

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Rangarajan committee report: 11 major states out of 20 have lesser percentage of poor than Gujarat -Rajiv Shah

-Counterview.net Latest report on measuring poverty authored by a committee headed by former Reserve Bank of India (RBI) governor C Rangarajan, has found that as many as 11 major Indian states out of 20 have fewer percent of poor than Gujarat. Submitted to the Modi government as a plea to come up with a new poverty criterion that takes into account "public expenditure that is being incurred in areas like education,...

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Rangarajan defends poverty estimates

-PTI   The expert group headed by the former PMEAC Chairman estimated that the number of poor in India was much higher in 2011-12 at 29.5 % of the population Defending his calculation that three out of 10 in India are poor, former PMEAC Chairman C Rangarajan on Monday said poverty numbers provided by him are not conservative estimates and they are at par with global standards. The expert group headed by Dr. Rangarajan...

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Poverty estimates trigger debate

-The Telegraph C. Rangarajan today defended his calculation that three out of 10 in India are poor, saying the poverty numbers provided by him were not conservative estimates and the methodology was on a par with global standards. The expert group headed by Rangarajan dismissed the Suresh Tendulkar committee's methodology and estimated that the number of poor in India was much higher in 2011-12 at 29.5 per cent of the population. The BJP-led...

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