-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...
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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,...
More »The pressure builds on rice -G Chandrashekhar
-The Hindu Business Line As Indian consumption rises, the cereal available for exports may shrink For millennia, rice has been an integral part of the cuisine across Asian nations. China (140 million tonnes) and India (105 million tonnes) are two of the world's largest producers of rice followed at a distance by Bangladesh, Indonesia, Vietnam, Thailand, the Philippines and Pakistan. Major exporters include Thailand, India, Vietnam and Pakistan while major importers include...
More »Rangarajan defends poverty estimates
-PTI The expert group headed by the former PMEAC Chairman estimated that the number of poor in India was much higher in 2011-12 at 29.5 % of the population Defending his calculation that three out of 10 in India are poor, former PMEAC Chairman C Rangarajan on Monday said poverty numbers provided by him are not conservative estimates and they are at par with global standards. The expert group headed by Dr. Rangarajan...
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