Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Tuesday 3 May 2011

Poverty Declines !


We must believe Montek Singh Ahluwalia ( Deputy Chairman – Planning Commission of India ), when he says poverty declined during 2007 – 2012.

Poverty in India, according to him, came down from 37 % ( in 2004 ) to 32 % ( in 2009 ).

Now, that is 70 million people !

It is another story that the Supreme Court of India, criticized the Planning Commission for employing the daily expenditure criteria for deciding the “ Below Poverty Line – BPL “ people as those whose daily expenditure ( on food / shelter / clothing ) is less than,

Ø  Rs.12 ( $ 0.26 ) in rural areas

Ø  Rs.17 ( $ 0.38 ) in urban areas ( enough to buy 4 cups of tea )

In the next Plan Period ( 2012 – 2017 ), how about pulling-up 200 million people above the poverty line by changing the daily expenditure criteria to

Ø  Rs.7   ( $ 0.15 ) in rural areas

Ø  Rs.12 ( 0.26  )   in urban areas

Montek may want to “ export “ this innovation to other poor countries.

With regards

hemen  parekh

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