-The Times of India Jayati Ghosh is an economist specializing in globalisation and employment in developing nations. Speaking with Ashish Yechury, Ghosh discussed the controversy over defining poverty, ideas about economic growth - and a season of 'Marie Antoinette' economists: * What's your view of India's poverty line? It's very good the media's realised our poverty line is ridiculously low. These lines were developed 40 years ago in a very different social,...
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You are among the top 5% if you live in a village and spend Rs. 3,000 a month-Rukmini S
-The Hindu The National Sample Survey Organisation's newest set of consumption expenditure data for 2011-12 gives an insight into how those across the spectrum, from the poorest to the richest, live in different parts of India. For one it's clear that we are not talking about a rich country. An individual who spends over Rs. 2,886 per month in a rural area or Rs. 6,383 per month in an urban area is...
More »The dishonesty in counting the poor-Utsa Patnaik
-The Hindu The Planning Commission's spurious method shows a decline in poverty because it has continuously lowered the measuring standard The Planning Commission has once again embarrassed us with its claims of decline in poverty by 2011-12 to grossly unrealistic levels of 13.7 per cent of population in urban areas and 25.7 per cent in rural areas, using monthly poverty lines of Rs. 1000 and Rs. 816 respectively, or Rs. 33.3 and...
More »Poverty line low, need to revisit methodology, says Montek Singh Ahluwalia
-The Economic Times NEW DELHI: Planning commission deputy chairman Montek Singh Ahluwalia on Monday admitted that the latest poverty estimates released last week is indeed low and needs to be revised upward. The commission said last week that only 21.9% of the population was poor, based on a per capita spending of 33.33 day in cities and 27.20 rural India, causing widespread outrage for being too low. "As the country becomes richer and...
More »Urban Sikhs face highest unemployment -Mahendra Singh
-The Times of India NEW DELHI: Unemployment was highest among Sikhs living in cities and towns during 2009-10 while the rate of joblessness showed a downward trend for Muslims in both urban and rural areas, a government survey released this month has revealed. Muslims had the lowest per capita spending, according to the National Sample Survey Organization (NSSO), which in its 2009-10 survey put out a new report on employment trends for...
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