-The Economic Times Planning Commission Deputy Chairman Montek Singh Ahluwalia on Tuesday blamed faulty data provided by NSSO for the low poverty threshold in the country. The poverty line for 2009-10 has been pegged at Rs 29 per day per capita expenditure for urban population and at Rs 22 per day per person for rural population, which has invited widespread criticism. NSSO could be severely understating national consumption expenditure, Ahluwalia said. “Earlier, the NSSO...
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Anna Hazare on fast, attacks 'deaf and dumb' government
-PTI Anna Hazare on Sunday returned to his favourite mode of protest -- hunger strike -- in Delhi after his flop show in Mumbai three months ago, this time protesting against the "deaf and dumb" government which is "not doing anything" to protect whistleblowers fighting corruption. Hazare, after his usual visit to Rajghat before any such protest in Delhi, came to the capital's dharna hotspot Jantar Mantar at around 11am to loud...
More »Planning Commission to set up new group to rework Suresh Tendulkar's poverty math soon
-The Economic Times The country's main planning body on Thursday said it will take a re-look at the just-released poverty figures, which have drawn widespread criticism for its criteria and even elicited concern from the prime minister. The Planning Commission said it will set up a new technical group in the next three months to re-visit the Suresh Tendulkar methodology of estimating poverty and devise a new measure of poverty that will...
More »Govt scraps Planning Commission's poverty formula
-The Times of India The Centre on Thursday junked the Planning Commission's poverty definition with PM Manmohan Singh saying that there was a need to devise another method. "We need a multi-layered approach to assess poverty estimates. The Tendulkar Committee estimates have been followed for 30 years but not an inclusive estimate. It (Tendulkar report) is not satisfactory," Singh said on the sidelines of the Padma Awards function. A new team will devise...
More »A bound-to-fail positive effort-Panini Anand
THE DEBATE on the National Food security Bill, tabled in parliament three months ago, is on full swing. Economists from both sides are arming their arguments with facts and logic. The people who would benefit of this legislation are in a dilemma. This prompts the consideration that the experts must try to see the issue from the ground reality of food security and its beneficiaries. Undoubtedly, it’s a great and historical...
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