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The great Indian poverty debate-Mythili Bhusnurmath

The great poverty debate has been re-ignited, pitting liberal, pro-market economists against left-of-centre economists of the JNU genre. Is the Tendulkar Committee's poverty line - expenditure of 32 a day in urban areas and 26 in rural areas -an affront to the poor, an estimate that could only have been made by a committee whose members had never known a day's poverty themselves? Or is it a realistic estimate of what...

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Women take the lead in India's grey march by Kounteya Sinha

Now, a majority of India's elderly are women. The Registrar General of India's (RGI) latest data from the Sample Registration System (SRS), 2010, has confirmed feminization of India's elderly. The data sent to the Union health ministry on Saturday shows that the percentage of women in the age group of 60 years and above is higher in 17 out of the 20 large states. It is as high as nearly...

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The poverty wars and impossibly low poverty line of India by V Raghunathan

Swaminathan Anklesaria Aiyar (TOI March 25 and ET March 28) has strongly defended the Planning Commission's stance that there is nothing amiss with the poverty line drawn at Rs 22.40 in rural areas and Rs 28.65 in urban areas (down from initial estimates of Rs 32 and Rs 26, respectively). Let us discount the copious tears being shed by various politicians and their parties on this new line of poverty...

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Myths about poverty lines-Arvind Panagariya

By the sheer loudness of their protests, NGOs, journalists and intellectuals have bamboozled the prime minister into withdrawing the latest Planning Commission report. The report had shown accelerated poverty reduction, a perfectly plausible outcome in view of accelerated growth since 2003-04. But the critics are not happy that India is succeeding in combating destitution. They therefore tirelessly invent myths to muddy the discourse. If we are to avoid costly policy...

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Pranab vetoes extra food subsidy to states-Ravish Tiwari

In the first example of his intention to take “difficult decisions” to contain the ballooning subsidy burden to control the fiscal deficit, Finance Minister Pranab Mukherjee on Monday denied permission to food minister KV Thomas for about 26.5 million tonnes of additional food grain allocation to states at subsidised rates over the normal allocation that would have cost the exchequer Rs 32,794 crore of food subsidy.   “It will have to be...

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