-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...
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Rangarajan defends poverty estimates
-PTI The expert group headed by the former PMEAC Chairman estimated that the number of poor in India was much higher in 2011-12 at 29.5 % of the population Defending his calculation that three out of 10 in India are poor, former PMEAC Chairman C Rangarajan on Monday said poverty numbers provided by him are not conservative estimates and they are at par with global standards. The expert group headed by Dr. Rangarajan...
More »Poverty count: Chhattisgarh worst off; Orissa and MP follow
-The Indian Express Goa, with just 6.3% of its population under the poverty line, tops the list: Panel. Nearly half of Chhattisgarh's population has been estimated to be below the poverty line, according to the new definition of poverty. In contrast, Goa, with just 6.3 per cent of its residents under the poverty line, tops the list of states with the lowest poverty count. The findings are a part of the new poverty estimates...
More »Even Rangarajan couldn't bring India's poor to BRICS standard
-The Hindustan Times India's national poverty line continues to be the lowest among the BRICS countries, even after the upward revision recommended by the panel headed by former RBI governor C Rangarajan - Rs. 32 per capita per day in rural areas (Rs 11,660 a year) and Rs. 47 per capita per day (Rs 16,884 a year) for urban areas. In dollar terms, it works out to $194 per capita annually for...
More »New poverty line: Rs 32 in villages, Rs 47 in cities -Mahendra Kumar Singh
-The Times of India NEW DELHI: Those spending over Rs 32 a day in rural areas and Rs 47 in towns and cities should not be considered poor, an expert panel headed by former RBI governor C Rangarajan said in a report submitted to the BJP government last week. The recommendation, which comes just ahead of the budget session of Parliament, is expected to generate fresh debate over the poverty measure...
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