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Reading between the Rs32 poverty line

-The Hindustan Times   Do these people look well-off to you? The planning commission puts them above poverty line. Basant Kumar, 51  Shopkeeper  Kusumpur Pahari slum,  Vasant Vihar, Delhi Daily expense: Rs 53   Basant Kumar runs a little shop in a slum in Vasant Vihar, home to over two lakh migrant families. He feeds and clothes his wife and three children on his meagre earnings of Rs5,000 a month. He also works odd-jobs, in construction or with...

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India needs to curb food wastage to tackle inflation: World Bank

-The Hindu Business Line   Input subsidy expenses not contributing to boost productivity The World Bank has said that South Asia's foodgrain stock management, especially in India, needs to improve to tackle inflation. In its focus on food inflation in South Asia, the bank said that high stocks have led to high wastage due to inadequate storage capacity and technology. According to World Bank's estimates, the Food Corporation of India lost 10-16 million tonnes...

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‘Rs. 39 enough for med expenditure’ by Dhananjay Mahapatra & Nitin Sethi

Updating the poverty line cutoff figures, the Planning Commission said that those spending in excess of Rs 32 a day in urban areas or Rs 26 a day in villages would no longer be eligible to draw benefits for those living below the poverty line. TOI broke down the overall monthly figure for urban areas and used the CPI for industrial workers along with the Tendulkar committie report figures to see...

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Teach People to Fish

-The Economic Times   The Planning Commission's affidavit to the Supreme Court that anyone with a monthly expenditure of more than Rs 965 in urban areas and Rs 781 in rural areas would be deemed 'not poor' has been greeted with howls of indignation. Rightly so! Though both numbers - adjusted for inflation - are an improvement over the Tendulkar Committee's numbers of Rs 447 a month in rural areas and Rs...

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Spend Rs 32 a day? Govt says you can't be poor by Dhananjay Mahapatra & Nitin Sethi

The Planning Commission told the Supreme Court on Tuesday that anyone spending more than Rs 965 per month in urban India and Rs 781 in rural India will be deemed not to be poor. Updating the poverty line cut-off figures, the commission said those spending in excess of Rs 32 a day in urban areas or Rs 26 a day in villages will no longer be eligible to draw benefits...

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