-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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On the mythology of social policy -Jean Drèze
-The Hindu India is among the world champions of social underspending. Without enlightened social policies, growth mania is unlikely to deliver more under the new government than it did under the previous one Few people today remember the letter written on August 7, 2013 by Mr. Narendra Modi, then Chief Minister of Gujarat, to Prime Minister Manmohan Singh. In this letter, available on the Bharatiya Janata Party (BJP) website, Mr. Modi criticised...
More »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...
More »Jaitley's maiden Budget likely to focus on health care -Archis Mohan
-The Business Standard Universal health scheme on the cards; Spend on the sector likely to be raised The Union Budget is likely to announce the first of the Narendra Modi-led National Democratic Alliance (NDA) government's social welfare schemes for the health sector - the National Health Assurance Mission. The programme will provide universal health care and offer comprehensive health insurance for the poor. The Budget could also, sources say, propose the government's mission-mode...
More »New crop insurance policy in the offing
-PTI Patna: Union Agriculture Minister Radha Mohan Singh on Saturday said the central government was working on a new crop insurance scheme to help farmers tackle flood, drought and plant diseases in a better manner. He said it will be launched soon across the country, as the existing scheme has not proved to be beneficial to the farmers. Details will be unveiled during the Budget session of the Parliament, he added. Singh also...
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