-The Financial Express World Bank's latest data suggests realisation of millenium development goals may not be far off. Reduction of poverty and hence, how it is measured, has long been a contentious political economy issue in India. There is general discomfort every time the headcount ratio of the number of poor, based upon an accepted Methodology recommended by an expert committee, declines; this then triggers a process to revisit known issues by...
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India less committed to reducing hunger than Nepal or Bangladesh: HANCI report -Jitendra
-Down to Earth India ranked 19th among 45 developing countries assessed by UK-based organisation India has made quite some progress in countering hunger and under-nutrition in the past two years but Nepal and Bangladesh have done better and have shown serious commitment through political will, says the Hunger and Nutrition Commitment Index (HANCI) report, 2013. The annual HANCI report, prepared by non-profit Institute of Development Studies and International Food Policy Research Institute funded...
More »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...
More »Still smug about the high growth years? -Ashoak Upadhyay
-The Hindu Business Line Drop the euphoria for a moment - a third of India is seriously poor. And urban poverty has risen sharply The latest report on the number of poor Indians shows a third of the population living below the recalibrated poverty lines. C Rangarajan, a former governor of the Reserve Bank of India and former chairman of the Prime Minister's Economic Advisory Council, was asked to look into the matter...
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...
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