-Deccan Chronicle On August 15, Prime Minister Narendra Modi announced the Pradhan Mantri Jan Dhan Yojana, a financial inclusion scheme that will ensure that at least one member of each and every family in India not only has a bank account with a debit card, but is also provided an overdraft facility of Rs 5,000, a life insurance policy of Rs 30,000 and accident insurance cover of Rs 1,00,000. On August...
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Rangarajan Committee Report on Poverty Measurement Another Lost Opportunity -Ranjan Ray and Kompal Sinha
-Economic and Political Weekly This is a critical assessment of the Rangarajan Expert Committee on Poverty Measurement. While much of the media coverage has focused on the poverty lines recommended by the Committee, this article evaluates the methodology adopted and discusses some wider issues that were flagged in the terms of reference set for this Committee. It argues that the Committee missed an opportunity to mark a significant departure from previous...
More »The need to measure poverty -C Rangarajan
-The Hindu Policymakers must continue to follow the twofold strategy of letting the economy grow fast and attacking poverty directly through poverty alleviation programmes In June 2012, the government of India appointed a committee to take a new look at the methodology for measuring poverty. The committee submitted its report towards the end of June 2014. The purpose of this article is to briefly explain the approach taken by this committee. Growth is...
More »Fresh row over the poverty line -Kathyayini Chamaraj
-The Deccan Herald The poverty line continues to be a conundrum. The fixing of the poverty line at Rs 47 for urban areas and Rs. 32 in rural areas per capita per day by the latest Rangarajan committee report, based on a person or family's spending per day (called ‘consumption expenditure') has again drawn vociferous criticism. All these years, this all important line has not been fixed in a rational manner, rendering...
More »Lotus has bloomed, now it’s the turn of rural job scheme - Jharkhand among bottom three in spending for flagship MGNREGS, finds out new Gopinath Munde ministry -Basant Kumar Mohanty
-The Telegraph New Delhi: Jharkhand's blooming lotus has a not-so-hidden thorny challenge. The state, which has rewarded the BJP and the Narendra Modi government with 12 MPs, has also thrown the new Gopinath Munde-headed rural development minister a MGNREGS zinger. Along with Odisha and Bihar, Jharkhand is at the bottom of the bucket list of states as far as the actual expenditure of funds under the national job guarantee scheme goes. In each of...
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