Greater economic growth, not more subsidy, has resulted in poverty reduction
Given how poverty levels have fallen sharply, from 37.2 per cent of the population in 2004-05 to 21.9 per cent in 2011-12, the question is whether this is due to rising economic growth or a more sprawling subsidy regime. Since the government plans to bring in the Food Security Bill, it is easy to guess what it believes, or calculates, to be the way forward.
Read Full Story>>
