-The Economic Times If food inflation seems to be pinching more, it is because vegetable prices barely decline in winters, milk rises through the year and egg prices remain high in summers - all because of rising demand. Over the years, the seasonal variation in prices has dropped and consumers do not have the option of shifting to cheaper produce to keep daily costs down, says a recent Reserve Bank of India...
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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...
More »Facing Anti-Poor Label, Govt Asks Plan Panel to Revise Joke of an Affidavit
-The Times of India Faced with fierce criticism over the Planning Commission’s new criteria for poverty line, the Government has asked the Plan panel to revise its affidavit. The Planning Commission had said that that those spending more than Rs. 32 a day in urban areas, or Rs. 26 a day in villages, would no longer be eligible to draw benefits meant for those living below the poverty line. The new tentative...
More »‘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...
More »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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