Committees in News
Rangarajan Committee Submits Report On Poverty To Planning Commission
C Rangarajan, former chief of the Prime Minister’s Economic Advisory Council (PMEAC), has submitted a report on Tendulkar Committee methodology for estimating poverty to Planning Minister Rao Inderjit Singh on 1 July. According to an expert panel headed by C Rangarajan those spending over Rs 32 a day in rural areas and Rs 47 in towns and cities should not be considered poor. The panel’s recommendation, however results in an increase in the below poverty line population, which is estimated at 363 million in 2011-12, compared to the 270 million estimate based on the Tendulkar formula. This means 29.5% of the India population lives below the poverty line as defined by the panel against 21.9% according to Tendulkar.