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Farmers paid peanuts, over 40% looking for better avenues by Omkar Sapre

PUNE: Bandya Pashte, 28, has been cultivating paddy on his family’s five-acre plot in village Veravli in the Konkan, Maharashtra’s coastal strip for about a decade. Last year, though, he threw in the towel because farming is not remunerative and lacks social status. Bandya has since migrated to the city to work as a driver, earning more than he did as a farmer. While Bandya is unaware of the National...

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poverty estimates vs food entitlements by Jean Drèze

Statistical poverty lines should not become real-life eligibility criteria for food entitlements.  Nothing is easier than to recognise a poor person when you see him or her. Yet the task of identifying and counting the poor seems to elude the country's best experts. Take for instance the “headcount” of rural poverty — the proportion of the rural population below the poverty line. At least four alternative figures are available: 28...

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Try a new recipe by Ashok Gulati and Kavery Ganguly

The Central Statistical Organisation estimate of overall GDP being likely to grow at 7.2 per cent this year has brought back the confidence of the industry and policymakers that the economy has truly turned the corner. But the growth of the farm sector is almost flat (-0.2 per cent), though this too is a pleasant surprise given that it was exposed to the worst drought since 1972. The real worry...

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Salary of below Rs 6000 a month is set to be new definition of urban poor by Smita Aggarwal

The government is likely to raise the income threshold to define the economically weaker section (EWS) to about Rs 6,000 a month from the current Rs 3,300 a month. This will increase EWS numbers by almost 40 per cent. The EWS population benefits from government housing schemes and gets softer interest rates on housing loans from state-owned banks. The move to hike the threshold is based on an internal report...

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India can’t end poverty by 2015, as per new index by Priyadarshi Siddhanta

South Asian nations including India would not be able to eradicate poverty and ensure minimum education for all by 2015, according to a new poverty index to be released next week in Delhi. The Basic Capabilities Index (BCI) 2009 has found that South Asia will get 80 points on the index by 2015, 10 points higher than the present value of 70. India has got 68 points in the index,...

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