It’s high time India revisited the poverty line methodology
With reference to NK Singh’s article Not soulless statistics (August 8), it is true that the politics of poverty has trumped the economics of poverty. It seems that in the process of arriving at a poverty line, we are making a mockery of the plight of the poor. One fails to understand why India doesn’t define the poverty line the way other developed countries do. In most of Europe, a family with a net income of less than 60% of the median net disposable income — a broad measure of the national average income net of taxes income — is counted as poor. In India, a calculation based on per capita income leaves a lot of room for ambiguity and crucial factors like access to sanitation, drinking water and other basic facilities are left out.
Ravi Vats, via email
He really cannot work wonders
With reference to the editorial He must solve a tough ‘trilemma’ (Our Take, August 8), in a country where politics governs economic policies, it would be imprudent to think that a change of guard at the Reserve Bank of India (RBI) will help India overcome the economic crisis. The outgoing governor D Subbarao and the government were not on the same page on many policy issues and finally, it was the government that called the shots. To expect noted economist Raghuram G Rajan, the man who predicted the 2008 global crisis, to turn the economy around in his capacity as the next RBI governor would not be wise.
Kamala Kumari, via email
We must not lose the momentum
With reference to the editorial Making the best of a bad deal (Our Take, August 9), the fact that Pakistani Prime Minister Nawaz Sharif did not deny the role of his country’s army in the recent LoC killings and said that he’s looking forward to his scheduled meeting with PM Manmohan Singh in New York next month is a positive step. Now that a pro-India prime minister is at the helm in Pakistan, India should try and resolve long-standing issues.
SD Sahay, New Delhi
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