-Niti Central According to a report, the Rangarajan committee has retained consumption expenditure as the basis for determining poverty according to which the total number of Poor in the country at 36.3 crore or 29.6 per cent of the population. After much public outcry over the UPA's poverty line, another expert panel headed by veteran economist C Rangarajan has come up with a report recommending that those who are spending more than...
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Budget 2014 will show government's will to reform food security system -Ashok Gulati
-The Economic Times Think for a moment that you are a small or marginal farmer of wheat or rice, and the government promises to give to your family wheat at Rs 2 per kg and rice at Rs 3 per kg (5 kg per person per month). What would you do? You would rush to sell your produce to the government at the minimum support price (MSP), which is currently Rs...
More »Still smug about the high growth years? -Ashoak Upadhyay
-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...
More »Drought stares at 38 districts -Sanjeeb Mukherjee
-The Business Standard Centre keeps close watch, prays for rain revival; area under paddy, coarse cereals at 5-year low till now With the southwest monsoon's progress a worry, the Union department of agriculture is keeping a close watch on 38 districts across the country where the rainfall condition till June has been alarming and chances of drought are the highest. The assessment is based on rainfall in June and the first few days...
More »Rangarajan committee report: 11 major states out of 20 have lesser percentage of Poor than Gujarat -Rajiv Shah
-Counterview.net Latest report on measuring poverty authored by a committee headed by former Reserve Bank of India (RBI) governor C Rangarajan, has found that as many as 11 major Indian states out of 20 have fewer percent of Poor than Gujarat. Submitted to the Modi government as a plea to come up with a new poverty criterion that takes into account "public expenditure that is being incurred in areas like education,...
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