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Inflation

US, China count their poor afresh. India looks away

Posted on: 3 Dec, 2011
Not counting the poor properly can prove politically disastrous for government

Onion export ban lifted

Issue Date: Sep 21, 2011
The Empowered Group of Ministers, headed by finance minister Pranab Mukherjee, has decided to lift the ban on onion exports. Onions can be now exported subject to a minimum export price (MEP) of US $ 475 per tonne.

Planning Commission to SC: Rs 26 a person a day the 'adequate' poverty line

Issue Date: Sep 20, 2011
In an affidavit to the Supreme Court on September 20, the Planning Commission has provisionally put the poverty line at Rs 965 per capita per month (Rs 32 per day) for urban areas and Rs 781 per capita per month (Rs 26 per capita per day) in rural areas. This has been arrived at by applying the price level in June 2011.

Poverty level will increase if health expenditure included

Issue Date: Sep 26, 2011
India's poverty level will go up by 3.6 per cent in rural areas and 2.9 per cent in urban areas if people's expenditure on health is factored in while measuring poverty.

Inheritance of loss

Issue Date: Sep 26, 2011
Poverty is becoming hereditary in India, at least for a sizeable population. That is the conclusion derived from a three-decade tracking of poor households in rural India.

GDP ignores cost to the environment

Issue Date: Sep 26, 2011
At a time when courts hog headlines, this was a conspicuous slip. About two months ago, the Uttarakhand High Court admitted a public interest petition on making gross environmental productivity a co-indicator of the state of the economy along with the standard gross domestic product (GDP). The media did not take note and there was not much discussion on its significance.

Who are the poor?

Issue Date: Sep 26, 2011
OVERVIEW  

Who are the poor?

Issue Date: Sep 26, 2011
India's poverty line finally makes headlines. Do a rapid archival search of newspapers, at least of the past 20 years, and one finds that the poverty line never made it to the front pages. In post television boom, it never featured on prime time. But the past one week has been exceptional.  “Rs. 25/person/day” replaced the other recent magic figure, “Rs. 1,76,000 crore”—the value of the 2G spectrum scandal. A powerful contrast that drew anger and awe. It is understandable.
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