-The Times of India National Advisory Council (NAC) member Aruna Roy lashed out at the Planning Commission's new criteria for poverty line submitted to the Supreme Court on Tuesday. "This affidavit reflects the government's deep lack of empathy for the poor and a perspective completely divorced from reality," she said. Roy was reacting to the Plan panel's submission to the Supreme Court, saying if a person's spending exceeds Rs 32 a day in...
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Time yet before NREGA's achieves target: PM
-PTI Urging state governments not to 'fail the poor', Prime Minister Manmohan Singh on Wednesday said the country had still to realise the 'full potential' of the National Rural Employment Guarantee Act (NREGA) whose implementation had been 'uneven across states'. "We still have miles to go before we achieve the full potential of this unique legislation in annals of recent history. The performance of the programme, as I have mentioned, has been...
More »Is Rs. 25 all that you need for a day? by Gargi Parsai
In a startling affidavit before the Supreme Court, the Planning Commission has said an individual income of just Rs. 25 a day constitutes adequate “private expenditure on food, education and health.” The affidavit, submitted on Tuesday, bases its assertion on the findings of the Suresh Tendulkar Committee, which pegged the poverty line at Rs. 447 a month, or about Rs. 15 a day, at 2004-2005 prices. Experts reacted with dismay to the...
More »Address supply side on food: World Bank
-The Business Standard Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...
More »People prefer PDS over cash transfers
What is government planning to do with the Public Distribution System (PDS)? The answer lies in an old adage: Give a dog bad name and hang him! The common impression is that the PDS is not working because of pilferage and hence it is taken as a foregone conclusion that it needs to be replaced with cash transfer. Two empirical studies conducted recently, one of them by noted economists Jean Dreze...
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