Friday, July 11, 2014

Chakravarthi Rangarajan's  recommendation.A committee headed by   Chakravarthi Rangarajan, a former chairman of the prime minister’s Economic Advisory Council, and  former RBI governor  , has set up a bench mark for poverty line in rural and urban area.  Under the recommendation, a rural family of five spending less than 4,860 rupees or an urban family spending less than 7,035 rupees,(or Those spending over Rs 32 a day in rural areas and Rs 47 in towns and cities) should be deemed poor. This makes 36 Crore Indians, or 29.5 percent, as poor in 2011-12.

The committee has duly studied government's statistics to ascertain the ability of households to pay for food that provides the minimum nutrition a human needs to function normally. it  includes 48 to 50 grams of protein per person per day, and on education, health care, housing and a range of products including electricity, transport and clothing.

Suresh Tendulkar  committee, in 2011-12, had fixed the poverty line  at Rs 27 in rural areas and Rs 33 in urban areas.

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