New poverty benchmarks calculated by Rangarajan Committee

The new poverty benchmarks have been calculated by a panel of experts headed by C. Rangarajan. It states that in 2011 – 12, nearly 363 million people are below the poverty line – which is 100 million more than earlier calculated. The committee recommended to the government that “anyone who spends more than Rs. 32 a day in villages and more than Rs 47 in cities is not poor”.

Under the previous government, Tendulkar committee had kept this benchmark of daily incomes as Rs. 27 in villages and Rs. 33 in cities.

“The figures are appalling. This makes neither common sense nor economic sense. Nearly one third of the country is under poverty,” said Left leader Sitaram Yechury.

Samajwadi Party leader Naresh Aggarwal said, “We will give Rangarajan 100 rupees everyday let him show us how to live on this in a village.”

Special Correspondent