India’s apex planning body may cap national poverty at 32% for the purpose of calculating welfare benefits in the 12th Five-year Plan that starts on 1 April 2012, it said a day before a meeting with Prime Minister Manmohan Singh. The development comes on a day the Supreme Court asked Montek Singh Ahluwalia to respond why it should not strike down an earlier cap of 36% poverty after the government sought...
More »SEARCH RESULT
India's poverty declined to 32 pc in 2009-10: Plan panel estimate
India's poverty is estimated to have declined to 32 per cent in 2009-10 from 37.2 per cent five years ago, as per preliminary findings of the Planning Commission. The estimates are based on the formula suggested by the Tendulkar Committee for computing the number of poor in the country. "2009-10 data show a decline in poverty from 37.2 per cent in 2004-05 to 32 per cent in 2009-10 as the per the...
More »Water first for agriculture, not industry, in Maharashtra
In a decision termed “historic” and “revolutionary” by Maharashtra Chief Minister Prithviraj Chavan, the State government has changed its policy on water allocation, giving priority to agriculture over industry. Mr. Chavan announced the decision in the Legislative Council, where the controversial Maharashtra Water Resources Regulatory Authority (Amendment) Bill, 2011 was passed on Wednesday. Reversing its earlier move to divert irrigation water for industrial use, Mr. Chavan said that as per the changed...
More »Poverty rate declines from 37.2% to 32% by Sujay Mehdudia
The latest data of the Planning Commission indicates that poverty has declined to 32 per cent in 2009-10 from 37.2 per cent five years ago. The preliminary estimates are based on the formula suggested by the Tendulkar Committee for computing the number of poor. Planning Commission Deputy Chairman Montek Singh Ahluwalia on Wednesday told reporters that the 2009-10 data shows a decline in poverty from 37.2 per cent in 2004-05 to 32...
More »Investing in agriculture key to ending extreme rural poverty in South Asia – UN
South Asia continues to have the largest concentrations of poor rural populations despite the fact that the wider Asia-Pacific region has made major strides in combating poverty, a United Nations agency said today, stressing that agriculture is key to poverty alleviation. The study by the UN International Fund for Agricultural Development (IFAD), entitled Agriculture – Pathways to Prosperity in Asia and the Pacific, shows that rural poverty rates have dropped only...
More »