-The Times of India RAJKOT: Gulab Singh Budhel, a tribal living in Amreli's Luvava village, and his seven family members packed their bags on Wednesday to leave for Kutch in search for construction labour work. With a spectre of drought looming large over Saurashtra and crops having failed already, Budhel has no choice but to leave. "Survival is becoming tougher as no farmer is lending us money because of delayed monsoon and...
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Growth and reforms only way to reduce poverty -Mrityunjay Kumar
-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...
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 »Bihar records highest dip in poverty ratio -Chetan Chauhan
-The Hindustan Times In what could be a relief to Janata Dal (United) leader Nitish Kumar, the C Rangarajan panel on poverty estimation report has said that in Bihar the poverty ratios dipped by over one-third in just two years between 2009-10 and 2011-12 - much greater than any other state in India. Kumar had resigned as Bihar chief minister after receiving drubbing at the hands of the BJP-led...
More »Even Rangarajan couldn't bring India's poor to BRICS standard
-The Hindustan Times India's national poverty line continues to be the lowest among the BRICS countries, even after the upward revision recommended by the panel headed by former RBI governor C Rangarajan - Rs. 32 per capita per day in rural areas (Rs 11,660 a year) and Rs. 47 per capita per day (Rs 16,884 a year) for urban areas. In dollar terms, it works out to $194 per capita annually for...
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