No consensus on higher poverty line: Minister

Image
Press Trust of India New Delhi
Last Updated : Nov 16 2016 | 6:14 PM IST
A task force on elimination of poverty has recommended setting up of an expert committee to arrive at an informed decision on the level at which the poverty line should be set, Parliament was informed today.
The task force in its report has stated that 'a consensus in favour of either the Tendulkar or a higher poverty line' did not emerge.
"The Task Force ( on Elimination of Poverty in India) in its report has inter-alia, stated that 'a consensus in favour of either the Tendulkar or a higher poverty line did not emerge. Therefore, the Task Force has concluded that the matter be considered in greater depth by the country's top experts on poverty before a final decision is made.
"Accordingly, it is recommended that an expert committee be set up to arrive at an informed decision on the level at which the poverty line should be set. The report of the Task Force is under consideration," Planning Minister Rao Inderjit Singh said in a written reply to the Lok Sabha.
Pursuant to the decision taken in the first meeting of the Governing Council of NITI Aayog held under the chairmanship of Prime Minister Narendra Modi on February 8, 2015, a Task Force on Elimination of Poverty in India was constituted by NITI Aayog on March 16, 2015 under the chairmanship of Arvind Panagariya, vice chairman, NITI Aayog.
The report of the Task Force was submitted to the Prime Minister on July 11, 2016.
The official poverty estimates are based on the recommendations made by the experts in the field from time to time, the Minister said.
Asked whether the NITI Aayog is re-examining its proposal
to the Centre to strategically divest stake in CONCOR after the Finance Ministry returned the plan on the ground that the move could potentially lead to a public sector monopoly becoming a private sector, the Minister replied in affirmative and said, "The Ministry of Railways will be consulted.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 16 2016 | 6:14 PM IST

Next Story