-The Financial Express Poverty in India has come down to 26 per cent as per the latest data of household expenditure prepared by the NSSO for 2011-12, the Planning Commission said today. "Many of the academicians...said that poverty in 2011-12 using the Tendulkar line would probably be around 26 per cent or little more than that which is much lower than what it was in 2000, " Planning Commission Deputy Chairman Montek...
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Switch from farm subsidy to farm investment-Ashok Gulati
-The Economic Times With a weak monsoon, farmers and farm labour, agri-investors and policy makers, everyone is looking up in the sky and praying for more water to pour. Farm analysts are debating whether this will lead to a drop of 16 million tonnes of foodgrain, as it happened in 2009, or 38 million tonnes, as it did in 2002. NCAER is projecting 20 million tonnes drop in grain production in...
More »RURAL URBAN GAP SHRINKS BUT INEQUALITY RISES
The much awaited results of the National Sample Survey have once again spilled the beans about India’s effort in fighting poverty. The provisional results of the 68th Round of National Sample Survey (NSS) of household consumption expenditure (which is often taken as a proxy for income) finds that the average monthly Per Capita Expenditure (MPCE) at current prices in urban areas (Rs. 2401.68) is 1.87 times more than the average...
More »The bottom line
-The Indian Express New NSS data affirms that GDP growth remains the best way to tackle poverty Amid the pervasive economic gloom, provisional data from the 68th round of the National Sample Survey Office’s just-concluded household consumer expenditure survey offers a sliver of good news. According to it, average inflation-adjusted expenditure for July 2011-June 2012 rose by about 4.5 per cent in two years, with the poorest 10 per cent of the...
More »NSS data shows improvement in living standard of the poorest-Surabhi
-The Indian Express The National Sample Survey has found a 17 per cent improvement in expenditure patterns of the poorest decile of India’s urban population in two years till 2011-12. “The poorest 10 per cent of India’s rural population had an average monthly Per Capita Expenditure (MPCE) of Rs 503.49 per month,” the survey found. In the last round of the NSS for 2009-10, the poorest 10 per cent of the rural...
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