In April, India’s Planning Commission accepted recommendations put forth by the so-called Tendulkar Committee on a new poverty headcount for the country. Constituted by the Planning Commission under economist Suresh D Tendulkar, the committee, after four years and a new methodology, arrived at a new figure for the number of Indians living below the poverty line: 37.2 percent, ten points higher than the previous official figure. With the government’s subsequent...
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Food inflation hit war on poverty by Chetan Chauhan
Rising food prices and economic crisis have eaten into the gains made by India and the world in reducing poverty during the first half of this decade, a United Nations report released on Wednesday said. "Newly updated estimates from the World Bank suggest the crisis will heave an some 64 million into extreme poverty by end of 2010, principally in sub-Saharan Africa and South Asia," the Millennium Development Goals, 2010 report...
More »Bottlenecks in organic farming by SS Chahal
Indian agriculture was mostly organic before the advent of the Green Revolution. However, the widespread adoption of nutrient-responsive and high-yielding varieties greatly promoted the use of inorganic fertilisers, weedicides and insecticides. The compulsion to grow more for food security has led farmers to overlook food quality norms and an indiscriminate use of natural resources. Based on three principal factors viz., mixed cropping, crop rotation and use of organic fertilizers, the National...
More »Will India be the world's fastest growing economy?
The India growth story is enviable. Despite plaguing problems, India has emerged stronger and resilient to the global crisis so far. India is expected to be the world's fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. India, the second largest growing economy will overtake China as the fastest growing major economy with an average of eight per cent in the...
More »Rural households’ earnings up by 45% by Ruhi Tewari
The earnings of India’s rural households increased by 45% in two years, thanks to the Union government’s flagship job guarantee scheme, says the rural development ministry, which oversees the scheme. The ministry says the figures are based on an independent study it had commissioned, but experts claim the scheme hasn’t been as successful on the ground as the study suggests. The Mahatma Gandhi National Rural Employment Guarantee Act, or MGNREGA, promises at...
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