Resurgent food prices, which rose by 10% on average in many regional economies in Asia this year, can push an additional 64 million people into extreme poverty, an Asian Development Bank (ADB) report says. The study, titled, 'Global Food Price Inflation and Developing Asia', by the multilateral lending agency, finds that a 10% rise in domestic food prices could push an additional 64 million people, out of 3.3 billion people living...

Planning Commission on Wednesday claimed the UPA government’s inclusive agenda had uplifted around 7 crore from below poverty line (BPL) during the 11th Five-Year Plan period (2007-12). The initial findings suggest that absolute poverty in the country may have come down by five percentage points during the 11th Plan. Satisfied with the figures, deputy chairman of Plan panel Montek Singh Ahluwalia said the government’s policy for inclusive growth is paying off. He...

Asserting that nuclear power will play a major role in meeting the energy needs of the country during the 12th Five-Year Plan, the Planning Commission on Thursday said the country needed an additional 1,00,000 MW of power during the 12th Plan period (2012-17) and therefore capacity expansion should be undertaken keeping the safety measures intact. Making a presentation to the Prime Minister at the full-fledged meeting of the Commission, Deputy Chairman...

A new data analysed by the Planning Commission says that around 382 million Indians were below poverty line in 2009-10, a decline of 27 million since 2004-05.   The decline of over five percentage points (from 37.2% to 32%) in as many years was much less than the target of annual reduction of 2% in poverty in the 11th plan. What the UPA government can showcase is the highest Poverty reduction...

A decline of 2.6 million in elementary education enrolments from 2007 to 2010, the years of Sarva Shiksha Abhiyan's trumpeted success, needs careful analysis. Enrolment data, based on school statistics, deals with the supply-side only. Census or NSS data , based on household information, gives us the demand-side of school enrolments. The two should roughly match, as they do in half of India, but not for UP, Bihar, Madhya Pradesh,...