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India needs more than Narendra Modi's trickle-down model -Maitreesh Ghatak

-The Guardian India's PM points to Gujarat as an emblem of economic success. But despite impressive growth, the state lags behind on welfare Narendra Modi has just unveiled his first budget after winning a massive electoral victory on a development platform. The budget presented last week has disappointed those who were expecting stronger signals about a pro-market shift in economic policy, as well as in the stock market. However, the budget has...

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Human Development to be Taken into Account in Formulating and Implementing Social Sector Programmes: Economic Survey 2013-14

-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 presented by the Finance Minister Shri Arun Jaitely as precursor to the General Budget in the Lok Sabha today shows some interesting results of inter-state comparisons of socio-economic development of select states based on available indicators from various sources and furnish some clear policy pointers. While some states have done very well in terms of growth indicators, they are poor performers...

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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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New poverty line: Rs 32 in villages, Rs 47 in cities -Mahendra Kumar Singh

-The Times of India NEW DELHI: Those spending over Rs 32 a day in rural areas and Rs 47 in towns and cities should not be considered poor, an expert panel headed by former RBI governor C Rangarajan said in a report submitted to the BJP government last week. The recommendation, which comes just ahead of the budget session of Parliament, is expected to generate fresh debate over the poverty measure...

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India Exclusion Report: Fresh perspective on poverty

India has witnessed many fiery debates on poverty estimates. Equally contentious has been the issue of inequality. Now a new report on exclusion offers a fresh perspective on poverty, inequality and social justice. (See below a summary of the report) Based on data and knowledge resources available in the public domain, India Exclusion Report 2013-14 highlights the systematic discrimination faced by women, Scheduled Castes (SCs), Scheduled Tribes (STs), Muslims, persons with...

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