Nearly 65% of adults in the Arab region remain excluded from formal financial systems, according to a new report by the United Nations Economic and Social Commission for Western Asia (ESCWA). The Annual SDG Review 2025 paints a sobering picture of persistent financial exclusion that is undermining the region’s ability …
The Planning Commission will constitute an expert group in three months to revisit the methodology for estimating poverty amid demand for removal of its Deputy Chairman Montek Singh Ahluwalia for pegging the poverty line at Rs 28.65 daily per capita consumption for cities and Rs 22.42 in rural areas. “The …
Guwahati, March 22: The report on the downstream impact of Lower Subansiri project, being prepared by a two-member technical committee constituted by the Centre, has been delayed. Chandrakant Damodar Thatte, former secretary of water resource ministry who heads the committee, told The Telegraph over phone from Pune that the report …
Mizoram Finance Minister H Liansailova today presented an Interim Annual Budget for 2012-2013 in the Assembly to seek a vote on account for the first four months of the next fiscal amounting to Rs 1,663.12 crore. The minister informed the Assembly that as the Planning Commission failed to finalise the …
NEW DELHI, March 22 – In a major push to revive the stalled Namrup Fertilizer modernisation plan, Assam Government has offered to share 10 per cent project cost of the new plant. The offer was made at a meeting with Prime Minister Dr Manmohan Singh that Chief Minister Tarun Gogoi …
New Delhi: The government on Thursday rejected the Planning Commission’s definition of poverty, with Prime Minister Manmohan Singh saying there was a need to devise another method. “We need a multi-layered approach to assess poverty estimates. The Tendulkar Committee estimates have been followed for 30 years but (are) not an …
Allaying fears that the ambitious food security bill may not be enacted in the next financial year due to meagre allocation for food subsidy in the Budget, the government on Wednesday said the legislation was expected to implemented by December-end. The food ministry is mulling changes in various set-ups like …
The World Bank will not reduce financial assistance to India for poverty alleviation measures because of the recent official data that showed a decline in the number of poor people in the country. The international funding agency takes a long-term view on its commitments and the poverty data released on …
The Annual Plan for Rajasthan for 2012-13 was on Wednesday finalised at Rs.33,500 crore at a meeting here between Planning Commission Deputy Chairperson Montek Singh Ahluwalia and Chief Minister Ashok Gehlot. “We have agreed on annual Plan size of Rs.33,500 crore for the next fiscal which is well funded by …
Plan panel, though, concedes that inequalities did rise marginally after 2004-05 Faced with criticism from opposition parties and civil society on its poverty estimates, the Planning Commission on Tuesday defended its calculations, albeit pointing to “serious” discrepancy in data on consumption expenditure. It, however, said high economic growth rates were …
Opposition parties attacked the government today for the ‘obscenity’ of its poverty estimate figures. Both the Communist Party of India (Marxist) and the Bharatiya Janata Party (BJP) asked the Prime Minister to direct the Planning Commission not to be “dishonest” about enumerating the poor to just reduce subsidies. In a …
The budgetary demands of Rs 777. 95 crore of Commerce and Industries and IT departments were cleared by the State Assembly on Tuesday with voice vote. Madhya Pradesh stood on fifth position in the industrial investments in the country. The State Government is planning an expenditure of Rs 5, 000 …
No. Of People Below Poverty Line Dips To 24.8% From 34.4% Jaipur: In Rajasthan, if you earn more than Rs 846 per month (Rs 28.20 per day) in urban areas and Rs 755 per month (Rs 25.16 per day) in rural areas, then you are not below poverty line. The …
Planning Commission Deputy Chairman Montek Singh Ahluwalia on Tuesday blamed faulty data provided by NSSO for the low poverty threshold in the country. The poverty line for 2009-10 has been pegged at Rs 29 per day per capita expenditure for urban population and at Rs 22 per day per person …
The Lok Sabha was adjourned for an hour Tuesday morning after opposition members created a ruckus over the government's new concept of people living on less than Rs.28 per day in urban areas and Rs.22.50 in rural areas being below the poverty line. Bharatiya Janata Party (BJP) MPs led the …
Survey says the poor formed 18.5 pc of the population in 2009-10. Poverty in the State continues to be highest among the southern states. As per the Economic Survey report released by the Department of Planning, Programme Monitoring and Statistics on Tuesday, poverty is still a major cause for concern …
The Planning Commission on Monday released the latest poverty estimates for the country showing a decline in the incidence of poverty by 7.3 per cent over the past five years and stating that anyone with a daily consumption expenditure of Rs. 28.35 and Rs. 22.42 in urban and rural areas …
New Delhi:Data released by the Planning Commission on Monday showed that poverty had significantly declined between 2004-05 and 2009-10. The catch is that this decline is based on a poverty line that is even lower than the earlier Rs 32-per-day mark that had triggered an outrage when the government submitted …
Despite all tall talks of development, level of poverty in Northeastern states including Meghalaya has increased even though the same has declined in the rest of the country. More alarmingly, poverty level among the rural tribals, who mostly inhabit in North-East, is as high as 47.4 per cent. This was …
New Delhi Allocation for UPA’s ambitious MNREGA scheme may have come down in the Union Budget but there would be no lack of funds for the rural job programme, rural development minister Jairam Ramesh said today. The allocation for the scheme entitling employment to poor rural households has been reduced …
The Planning Commission today said poverty in India declined 7.3 percentage points to 29.8% of the population over five years to 2009-10. Poverty in rural areas declined at a faster pace than in urban cities between 2004-05 and 2009-10, according to the Planning Commission estimates released today. The total number …
