-The Times of India Jayati Ghosh is an economist specializing in globalisation and employment in developing nations. Speaking with Ashish Yechury, Ghosh discussed the controversy over defining poverty, ideas about economic growth - and a season of 'Marie Antoinette' economists: * What's your view of India's poverty line? It's very good the media's realised our poverty line is ridiculously low. These lines were developed 40 years ago in a very different social,...

-IndiaResists.com The ongoing debate between two stalwart economists, Amartya Sen and Jagdish Bhagwati, must be joined by those who understand contemporary realities and challenges in terms altogether different from those of mainstream economists. In a recent (July 27) article in Times of India, Bhagwati's co-author Arvind Panagariya characterizes the differences between the two in the following terms. Sen favours education and health measures as being the first steps to tackle poverty...

-Outlook The anti-poverty programme politics dictate that the number of poor are kept low.   I don't think the Planning Commission's poverty numbers are credible for several reasons: growth has decelerated; NREGA hasn't been as successful in targeting the poor as generally asserted; nor has the PDS benefited the poor significantly. The first phase of the UPA saw some macroeconomic reforms but not the second phase. Also, the poverty lines worked out...

Ashish Bose coined the term BIMARU in a paper to then prime minister Rajiv Gandhi in the 1980s to highlight the economic backwardness of Bihar, Madhya Pradesh, Rajasthan and Uttar Pradesh. He tells Somesh Jha he is not inspired by the Planning Commission’s bogus poverty figures. He says it is time the commission wound up. Excerpts:   * You coined the term 'BIMARU', but these states performed well in alleviating poverty in...

-The Hindu     The Planning Commission's spurious method shows a decline in poverty because it has continuously lowered the measuring standard The Planning Commission has once again embarrassed us with its claims of decline in poverty by 2011-12 to grossly unrealistic levels of 13.7 per cent of population in urban areas and 25.7 per cent in rural areas, using monthly poverty lines of Rs. 1000 and Rs. 816 respectively, or Rs. 33.3 and...