Higher growth best antidote to poverty: FM Jaitley
Higher growth best antidote to poverty: FM Jaitley

The government estimates growth to be between 8-8.5 percent in the current fiscal.

Need for easing entry barriers for MNCs to boost growth: FM

Finance Minister Arun Jaitley on Saturday said there is a need to ease entry barriers for global corporates and ensure stability in taxation policies to sustain high growth and eradicate poverty.

30 crore people still live in extreme poverty in India: Report

About 30 crore people still live in extreme poverty in India even as the Millennium Development Goal (MGD) programme will expire in December, a United Nations report has said.

Nominal tax on super rich can lift 9 cr out of poverty: Report

The study found that in India, the number of billionaires increased from two in the 1990s to 65 in 2014.

Poverty cannot be abolished,remove core problems: Meghnad Desai

Arguing that "poverty cannot be abolished", eminent India-born British economist, author and Labour Party politician Lord Meghnad Desai today said the better approach will be to concentrate on the core problems of poverty and try to remove them.

100 million more Indians defined as poor: Reports

The poverty line is used to help determine government welfare benefit entitlements.

India needs multi-pronged approach to eradicate poverty: Report

A multi-pronged approach with focus on inclusive economic growth would help eradicate poverty, which is increasingly getting concentrated in a few geographical areas, says a research report.

India can lift 580 mn people above empowerment line: McKinsey

According to MGI, the 'empowerment line' is "a new and more holistic measure of income deprivation."

Poverty recorded steepest fall in UPA regime since 2004: Govt

The poverty ratio in the country has fallen steeply during the UPA regime to 21.9 percent in 2012 from 37.2 percent in 2004, said the UPA Government's Report Card released by Prime Minister Manmohan Singh on Friday.

Number of undernourished people in India down 6.5%: FAO

India, the world's second biggest wheat and rice grower, saw the number of people who suffered from chronic hunger drop by 6.5 percent to 21.38 crore during 2011-13, according to a joint report by UN food agencies.

Rural poverty getting concentrated to some states: Report

Rural poverty is becoming increasingly concentrated to northern and eastern states of the country, a new report has found.

Passion for growth has to combine with compassion for poor: FM

In a veiled criticism of the Gujarat model of economic growth, Finance Minister P Chidambaram on Wednesday said the Congress-led UPA government was for combining passion for growth with compassion for poor.

India accounts for one third of the world poor: World Bank

The report said that 1.2 billion people still living in extreme poverty across the world.

WB to send new India strategy to its board: Kim

Praising India's efforts to eliminate poverty, Kim said, "India's contribution to ending global poverty could be staggering. In the last five years, roughly 50 million people have been lifted out of poverty in India."

UP, Bihar, Maharashtra home to highest number of poor

Uttar Pradesh had the highest number of poor population at 7.37 crore, followed by Bihar and Maharashtra in 2009-10.

Poor health pushing 39 mn Indians to poverty every year: Azad

Health Minister Ghulam Nabi Azad Thursday said 39 million Indians are pushed to poverty because of ill health every year and around 30 percent in rural India did not go for any treatment due to financial constraints, as per a WHO report.

Poverty declines to 26% in 2011-12, says Montek

Poverty in the country has come down to 26 percent as per the latest data of household expenditure prepared by the NSSO for 2011-12, the Planning Commission said today.

Govt for forming group to revisit methods for counting poor

Amid variation in estimates of poverty in the country, the government has decided to set up an expert group to revisit the methodology of ascertaining the number of poors.

Plan panel to set up expert group on poverty in April

Under pressure to review its controversial poverty line of Rs 28.65 daily consumption, the Planning Commission is likely to complete by next month the formation of a technical group to revisit the methodology used to arrive at the figure.

Plan panel uses best methodology to conduct surveys: Ramesh

Joining the debate on controversial poverty line issue, Rural Development Jairam Ramesh has said the surveys being conducted by the Planning Commission use the best available methodology which is refined all the time.