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Showing posts with the label Planning commission

Redrawing The Poverty Line

            And this century's funniest joke is made by, any guesses, Planning Commission, India. As you know even if we are a fast developing economy, more than half population is below poverty line (BPL). And guess what, Planning Commission had come up with a fantastic way to get around poverty problem, they lowered this line as low making sure that no one would be behind this line.             Recently, prices of everything from vegetables to food grains to fuel has shot up like a rocket. If you are an Indian you would definitely share my feeling. Fuel is an exception,whose price rise every 4 month  has become a ritual in India.              Neglecting all these facts, Planning Commission in its affidavit to Supreme Court has claimed that those spending more than Rs 965 per month in urban India and Rs 781 in rural India will not be considered poor. In their claim Rs.32/da...