Wednesday, August 7, 2013

Raghuram Govind Rajan Appointed as the 23rd Governor of RBI


Raghuram Govind Rajan, the Chief Economic Adviser was on 6 August 2013, appointed as the Governor of the Reserve Bank of India (RBI) for a time period of three years, i.e., till 2016. He succeeds D. Subbarao who demits the office on 4 September 2013. He will be the 23rd Governor of RBI. 

About Raghuram Govind Rajan

• Raghuram Govind Rajan was born on 3 February 1963. 
• He is 50 years of age and so far, he is the youngest person to become the Governor of the Central Bank of India. 
• He is known for predicting the economic crisis of 2008. 
• He is an alumnus of IIT-Delhi and IIM-Ahmedabad. He received his Doctorate degree from the Massachusetts Institute of Technology (MIT).
• He also remained Eric J. Gleacher Distinguished Service Professor of Finance at the University of Chicago's Booth School of Business. 
• He is the visiting professor for Swedish Parliamentary Commission, World Bank and Federal Reserve Board. 
• Formerly, he also served as the president of the American Finance Association.
• He remained a chief economist of the International Monetary Fund (IMF).

Monday, August 5, 2013

Mahatma Gandhi Pravasi Suraksha Yojana (MGPSY)

An estimated 5 million Indian Nationals with ECR (Emigration Check Required) passports are working on temporary employment/contract visas in the Gulf Countries.

It is observed that a majority of the earnings periodically remitted by overseas Indian workers to their families in India are rarely accumulated as savings and often cause only a temporary improvement in the consumption expenditure of their families. As a result majority of overseas Indian workers face the risk of poverty when they return to India and when they are too old to work. Overseas Indian workers are largely excluded from formal social security benefits available to residents of ECR countries.

Overseas Indian workers are largely excluded from formal social security benefits available to residents of ECR countries.

Thus, to provide them social security, the Ministry has launched Mahatma Gandhi Pravasi Suraksha Yojana(MGPSY) in May 2012. The objective of MGPSY is to encourage and enable overseas Indian workers having Emigration Check Required (ECR) passports going to ECR countries, to (a) save for their return and resettlement and (b) save for their pension. They are also provided Life Insurance cover against natural death, during the period of coverage, without any additional payment by them.

Overseas Indian workers with ECR passports and aged between 18 and 50 years on an employment/contract visa are eligible to join the scheme.

The Ministry also contributes, for a period of five years, or till the return of workers to India, whichever is earlier, as under:

a) Rs.1,000 per subscriber who saves between Rs.1,000 and Rs.12,000 per annum in their National Pension Scheme(NPS) -Lite account;
b) An additional contribution of Rs.1,000 per annum for overseas Indian women workers who save between Rs.1,000 and Rs.12,000 per annum in National Pension Scheme(NPS)-Lite account;
c) An annual contribution of Rs. 900 per annum per subscriber who saves at least Rs. 4000 per annum towards Return and Resettlement fund;
d) Rs.100/- for life insurance cover of Rs.30,000 per year against natural death and Rs.75,000 against death by accident through the Janshree Bima Yojana of Life Insurance Corporation of India (LIC).

There is an integrated enrollment process for the subscribers who will be issued a unique MGPSY account number upon enrolment. On their return to India, the subscriber can withdraw the Return and Resettlement savings as a lump sum.

However, the subscriber would be able to continue savings for their old age in the NPS-Lite in line with the Swavalamban Scheme. Alternatively subscriber can withdraw pension corpus as per the guidelines prescribed by the Pension Fund Regulatory Development Authority (PFRDA).


What is ECR:

As per the Emigration Act, 1983, Emigration Check Required (ECR) categories of Indian passport holders, require to obtain "Emigration Clearance" from the office of Protector of Emigrants (POE), Ministry of Overseas Indian Affairs for going to following 18 countries.

United Arab Emirates (UAE), The Kingdom of Saudi Arabia (KSA), Qatar, Oman, Kuwait, Bahrain, Malaysia, Libya, Jordan, Yemen, Sudan, Brunei, Afghanistan, Indonesia, Syria, Lebanon, Thailand, Iraq (emigration banned). 

However , the Ministry of Overseas Indian Affairs (Emigration Policy Division) have allowed  ECR passport holders traveling abroad for purposes others than employment  to leave the country on production of valid passport, valid visa and return ticket at the immigration counters at international airports in India w.e.f. 1st October 2007.

CURRENT NEWS & EVENTS AUGUST 2013 MAGAZINE


Sunday, August 4, 2013

MOST IMPORTANT CURRENT AFFAIRS QUESTIONS FOR ALL COMPETITIVE EXAMS


• The Person who succeeded Ranjan Mathai to be the next Foreign Secretary of India by Manmohan Singh-Sujata Singh

• The vice chancellor of Jamia Millia Islamia University who on 1 July 2013 appointed as the 20th Lt Governor of Delhi- Najeeb Jung

• The Person who on 2 July 2013 has been appointed as Director General of Bureau of Indian Standards (BIS)-Sunil Soni

• The first ever Indian woman to receive Dubai Government's coveted Emirates Woman Award for business excellence in June 2013- Vandana Gandhi
• The U.S. inventor who was known as the father of the computer mouse who died on 3 July 2013 at age of 88-Douglas Engelbart

• The Egyptian Leader who sworn in as interim president of Egypt till the next elections takes place succeeding Mohamed Morsi, who was removed after a military coup- Adli Mansour

• Renowned Madhubani painting artist who died at a private hospital in Ranti, near Madhubani on 4 July 2013-Mahasundari Devi

• The former Secretary, Department of Telecommunications (DoT), who was appointed as the President of NASSCOM on 5 July 2013- R. Chandrasekhar

• The Bollywood actress who on 6 July 2013 got the Best Actress award at 14th IIFA (International Indian Film Academy) awards 2013 held in Macau- Vidya Balan
• Leading liberal opposition leader who on 6 July 2013 was named as Egypt's new Prime Minister- Mohamed ElBaradei

• Senior parliamentarian who on 4 July 2013 was appointed as the new governor of Sikkim- Shriniwas Dadasaheb Patil

• Former Delhi police Chief, who on 8 July 2013 took over as the new Governor of Meghalaya- KK Paul
• An acknowledged food scientist and the former Director of the Central Food Technological Research Institute (CFTRI) who died on 9 July 2013- Dr. H.A.B. Parpia

• The Person who on 8 July 2013 took over as the new Lieutenant Governor of Andaman and Nicobar Islands-Lt Gen (Retd) AK Singh
• The Theme of world Population day observed across the World on 11 July 2013- Focus is on Adolescent Pregnancy

• Indian Parsi conductor of western classical music who was selected to be honoured with Tagore Award 2013-Zubin Mehta

• The legendary actor and the proud recipient of Dada Saheb Phalke Award and Padma Bhushan Award who died on 12 July 2013- Pran

• The Person who on 16 July 2013 was appointed as the next Commissioner of Delhi Police and will besucceeding Neeraj Kumar- Bhim Sain Bassi
• The Person who was administered the oath of the office of Chief Justice of India (CJI) by he President of India on 19 July 2013-Justice Palanisamy Sathasivam

• The Chief Justice of India who on 18 July 2013 retired from the office after a short term of just nine months-Justice Altamas Kabir
• The day which was observed as Nelson Mandela International Day to inspire people to be an agent of change-18 July 2013

• 82 Years old Veteran Tamil film lyricist who died at a private hospital in Chennai on 18 July 2013- Vaali

• An Indian-American woman was nominated for the Post of Assistant Secretary of State of USA- Nisha Desai Biswal

• South Korean city which was named as the World Book Capital for the year 2015 as per UNESCO announcement-  Incheon

• Former Kuttanad MLA and Chairman of the Kerala State Farming Corporation, who died at a hospital in Kochi- Prof. Oommen Mathew

• The Finance Minister of Jammu and Kashmir who on 21 July 2013 appointed as the new Chairman of GST Panel- Abdul Rahim Rather

• The Chairman and CEO of Leo Burnett, India who was re-elected as the President of Advertising Agencies Association of India-Arvind Sharma

• Renowned south India yesteryear actor, who died in Chennai at the age of 59 on 23 July 2013 followed a brief illness- Manjula Vijayakumar

• The Duchess of Cambridge, who gave birth to a baby boy on 22 July 2013 at the London hospital- Kate Middleton

• Indian American author who novel The Lowland has been listed among 13 novels longlisted for the Man Booker Prize 2013- Jhumpa Lahiri

• The cousin of Rajiv Gandhi as well as the Minister for Internal Security during his government, who died in Gurgaon on 25 July 2013- Arun Nehru

• The famous Indian Port which was conferred with the Major Port of the Year award for its excellent performance in the year 2012-13- Paradip Port

• The Bollywood actor who held the Guinness World Record for being the most type-cast actor, died on 28 July 2013 at the age of 85 years- Jagdish Raj
• Sarod maestro who was chosen for the 21st Rajiv Gandhi National Sadhbhavna Award- Amjad Ali Khan

• The former Indian Test umpire who passed away on 29 July 2013 at a private hospital in Karnataka. He was 83 years of age- SN Hanumantha Rao


• The principal architect of India’s missile programmes who on 31 May 2013was  appointed DRDO chief and scientific advisor to defence ministerAvinash Chander

• The  person who resigned as Chairman of IPL on 1 June 2013 in the wake of the raging spot-fixing scandal- Rajiv Shukla

• The name of bombs which is being developed by India for its fighter jets, which are expected to be geared up for deployment by the end of year 2014- Glide Bombs

• The Person who was appointed new Prime Minister of Palestine, by Mahmoud Abbas on 2 June 2013 - Rami Hamdallah 

• The 25-year old Bollywood actress who allegedly committed suicide on 3 June 2013 at her Juhu residence in Mumbai – Jiah Khan

• The Person who became the youngest Indian to scale the Mount Everest on 21 May 2013 with his five schoolmates- Raghav Joneja

• The Leader of Pakistan Muslim League- Nawaz (PML-N), who on 3 June 2013 elected as the Speaker of the National Assembly of Pakistan- Ayaz Sadiq 
• The Person who became the first woman to be elected to the FIFA Executive Committee (ExCo) for a full term of four years- Lydia Nsekera
• The theme of World Environment Day which was observed on 5 June 2013 -Think, Eat, Save Reduce YourFoodprint
• The Person who was appointed as the National Security Adviser of US President Barack Obama on 5 June 2013- Susan Elizabeth Rice

• The Australian radio presenters who responsible for Royal prank and was awarded with Jock by the employer- Michael Christian
• The Person who on 6 June 2013 was reelected as the chairman of  India Bank Association (IBA) for 2013-14 tenure- KR Kamath

• The Irish writer who won the IMPAC Dublin Literary Award for his debut novel City of Bohane which is the portrayal of  Ireland of 2053- Kevin Barry

• The Uttarakhand NGO which on 6 June 2013 bagged a French award for its contribution to protection of human rights- Central Himalayan Environment Association (CHEA)
• Name the Scottish author, who is best known for his novels The Wasp Factory and The Crow Road, died of Cancer on 9 June 2013- Iain Banks
• The BJP leader who  resigned from all top positions of BJP on 10 June 2013 a day after Narendra Modi was selected as the chairman party’s election campaign- LK Advani

• A former Union Minister and Congress veteran from Chhattisgarh, died on 11 June 2013 of multiple organ failure- Vidya Charan Shukla
• The theme of World Day against Child Labour which was celebrated on 12 June 2013-No to Child Labour in Domestic Work
• The first Indian-American girl from Avon School to get admission in United States Military Academy at West Point- Sneha Singh

• The  First NATO and European Country to Draft Women in Military Service- Norway

• The Indian-origin sculptor who was honoured with Knighthood, the highest honour of Britain by Queen Elizabeth II- Anish Kapoor

• The Person who became only the second Hindu to be part of the Pakistan’s Punjab assembly after Seth Bharta Ram- Kanji Ram

• The ambassador to the United Nations for Antigua and Barbuda who was selected as the President of UN General Assembly for its 68th session- John William Ashe
• One of the founders of RAW, who passed away on 16 June 2013 in Chennai after a long fight with cancer- Bahukutumbi Raman

• The ex-chairman of the Tata Group who was appointed as the Chief Advisor of AirAsia’s India board- Ratan Tata

• The moderate cleric of Combatant Clergy Association party won the presidential election in Iran on 15 June 2013- Hassan Rohani

• The Malaysian author who  was declared as the winner of Walter Scott Prize for his English fiction novel The Garden of Evening Mists- Tan Twan Eng

• The 29-year-year-old Indian origin journalist became the Editor of UK national paper, The Independent, on 17 June 2013- Amol Rajan

• The former head of the Tata Consultancy Services (TCS), was appointed as the Chairman of AirAsia India on 18 June 2013- Subramanian Ramadorai

• The Chinese supercomputer which is declared is the fastest computer of the world- Tianhe-2


• The Book Released by Hamid Ansari, the Vice President of India and compiled by Kumar Deepak Das- An Ardent Patriot– Dinesh Goswami
• The Parliamentary Speaker who on Parliamentary Speaker who sworn in as Bangladesh President to replace Zillur Rahman- Abdul Hamid

• An IAS officer of the 1979 batch who on 1 May 2013 was appointed as Chief Secretary of Andhra Pradesh government- Prasanna Kumar Mohanty

• The Former President of Pakistan who was imposed with a lifetime ban from contesting elections-Pervez Musharraf

• The communication Satellite successfully launched by China from Xichang Satellite Launch Center in Sichuan province- Zhongxing-11  
• The last British member of the Church of North India’s Delhi Brotherhood who passed away on 30 April 2013-Father Ian Weathrall

• The day celebrated as the World Press Freedom Day across the world with a theme safe to Speak- 3 May 2013

• The Indian national and a death row prisoner in the Lahore’s Kot Lakhpat Jail who died on 2 May 2013 at the Lahore's Jinnah hospital- Sarabjit Singh

• The  young Indian biologist who was honoured with the Whitley award, also known as Green Oscar, in London on 2 May 2013- Aparajita Datta

• The former tour player and president of ATP since January 2012 who died on 3 May 2013- Brad Drewett

• The Person who on 3 May 2013 took over the office of Chief Secretary of Uttarakhand for second time-Subhash Kumar

• The prosecutor who was handling the Mumbai terror attack and Bhutto assassination case was gunned down in Islamabad- Zulfiqar Ali

• Italian Deputy Foreign Minister who was appointed as the special envoy to India to work out on fair trials for the Italian Marines- Staffan de Mistura

• The Prime Minister of Italy who died on 6 May 2013 at Rome after serving as the Italian Prime Minister seven times between 1972 and 1992- Giulio Andreotti

• The first ever national surfing and stand up paddle (SUP) competition of India concluded at Kovalam beach on 5 May 2013- Spice Coast Open

• The Senegalese singer and Finnish composer who were named as the recipients of Polar Music Prize 2013-Youssou Ndour and Kaija Saariaho
• An Indian conglomerate company who created a new Guinness World Record on 6 May 2013 when its 121653 workers sang India’s national anthem in Lucknow- Sahara India Pariwar
• The Pakistani Prisoner who was attacked by an inmate in Kot Bhalwal jail in Jammu died at the hospital in Chandigarh on 9 May 2013- Sanaullah Ranjay



Saturday, August 3, 2013

Friday, August 2, 2013

Government to launch Bharat Mobile Scheme

Government planned to launch Bharat Mobile Scheme under which one member of every rural household who has completed 100 days of work under MGNREGA can get free mobile device on 30th July. The new scheme is aimed at empowerment. The mobile may be provided per household preferably to a woman and the handset will come with a three-year warranty.

The mobile device for The Mahatma Gandhi National Rural Employment Guarantee Act workers will be non-transferable as it will also be customized for transfer of benefits of different government programmes like direct cash transfers scheme.

According to initial proposal, selected telecom operators will be asked to provide mobile devices. Distribution would be done by the service providers in coordination with district administration. The mobile numbers in the device is expected to work as first level authentication to identify and inform the beneficiary of scheme, sources said. Around 5 crore households have been provided work in year 2012-13. The proposal for Bharat Mobile Scheme was mooted by Planning Commission of India.

Petroleum Ministry and Delhi Government launched IGL Suraksha Yojana

Union Ministry for Petroleum & Natural Gas and Delhi state government on 31 July 2013 launched IGL Suraksha Yojana, a group accident insurance scheme for nearly 2.5 lakh drivers of CNG run public transport vehicles in Delhi.
New schemes like IGL Suraksha Yojana are required to be introduced to benefit the common man.  IGL would be paying the premium amounting to nearly 35 lakh rupees for the insurance scheme, which is currently being offered through Oriental Insurance Company.

What is IGL Surakhsa Yojana
IGL Suraksha Yojana is an initiative being undertaken by IGL under its CSR programme. Under the scheme, a sum of 1.5 Lakh rupees would be paid to the nominee in case of Death of a Driver in an accident while driving the CNG run Public Transport vehicles. An additional amount of 25000 rupees towards children’s education allowance per child subject to a maximum of 50000 rupees for two children would also be paid to the family in such cases. In case of an accident requiring treatment for fracture a maximum sum of 10000 rupees would be paid to the driver. In case of permanent disability that leads to loss of employment, than a lump sum equal to 100 percent is payable to such insured person. In case of partial disability, a graded compensation from 1500 rupees to 75000 rupees would be paid to the driver. The insurance policy is being issued through Oriental Insurance Company in the first year and IGL would be paying premium for the policy to cover drivers of nearly 2.5 lakh CNG run public transport vehicles operating in the capital.
IGL Suraksha Yojana would be absolutely free for the drivers and the procedure for claim would be quite simple. The claim forms would be available at all CNG stations of IGL as office of Oriental Insurance Company in the capital. In case of death claim, nominee will have to submit copies of FIR, postmortem report, viscera report, copy of driving license of the deceased and copy of RC of public transport vehicle being driven. In case of disability, the claim would have to be supported by certificate from government approved panel. However, acceptance of claim would be subject to the driver having a valid driving licence and the CNG mode being endorsed on RC at the time of accident.

National Archives of India Launches e-Abhilekh

The quarterly newsletter of the National Archives of India entitled e-Abhilekh was launched by the Secretary, Ministry of Culture, Shri Ravindra Singh. This news bulletin has been planned with the objective of disseminating information for the development of Archives.

          The inaugural issue provides information about the activities of National Archives of India, States/Union Territories Archives, Archives of Business and other learned institutions for the period April-June 2013. The special feature of the issue is on International Archives Day and International Archival Organisations.

Sunday, July 28, 2013

ELECTION SYMBOLS


Schemes Providing Subsidised Foodgrains

TARGETED PUBLIC DISTRIBUTION SYSTEM

      Government of India makes allocation of foodgrains under Targeted Public Distribution System (TPDS) for Below Poverty Line (BPL) families and Antyodaya Anna Yojana (AAY) families @ 35 kg per family per month. Beneficiaries for the scheme are identified by the States on the basis of 1993-94 poverty estimates of Planning Commission and March 2000 population estimates of Registrar General of India.  

OTHER WELFARE SCHEMES

The Department of Food & PD also makes allocation of food grains at BPL prices for the following welfare schemes implemented by various Ministries/Departments of the Government of India as well as State Governments/UTs:

MID DAY MEAL SCHEME

The Mid Day Meal Scheme is implemented by the Ministry of Human Resource Development. The Scheme covers students of Primary & Upper Primary Classes in the Government Schools/Schools aided by Government and the Schools run by local bodies. Food grains are supplied free of cost @ 100 gram per child per school day where cooked/processed hot meal is being served or 3 kgs per student per month where foodgrains are distributed in raw form. 

WHEAT BASED NUTRITION PROGRAMME

This Scheme is implemented by the Ministry of Women & Child Development. The food grains allotted under this Scheme are utilized by the States/UTs under Integrated Child Development Services (ICDS) for providing nutritious/energy food to children in the age group of 0-6 years and expectant/lactating women.

RAJIV GANDHI SCHEME FOR EMPOWERMENT OF ADOLESCENT GIRLS ‘SABLA’

      The Ministry of Women and Child Development administers the scheme at the central level and State/UT Governments implement the scheme.  The SABLA Scheme has been launched on 19.11.2010 by merging two schemes namely Nutrition Programme and Adolescent Girls (NPAG) and Kishori Shakti Yojana (KSY) in to a single scheme and proposed to be implemented in 200 selected districts across the country.  The Scheme aims at empowering adolescent girls of 11-18 years by improvement of their nutritional and health status and upgrading various skills like home skills, life skills and vocational skills.  It also aims at equipping the girls on family welfare, health hygiene etc. and information and guidance on existing public services along with aiming to mainstream out of school girls into formal or non-formal education. The requirement of food grains under the scheme for nutrition is @ 100 grams of grains per beneficiary per day for 300 days in a year. 

SUPPLY OF FOODGRAINS TO HOSTELS/WELFARE INSTITUTIONS
     
This Scheme is implemented by the Department of Food and Public Distribution through the State Governments/UTs. To meet the requirement of Hostels/Welfare Institutions, viz., N.G.Os/Charitable Institutions, an additional allocation of foodgrains up to 5% of the BPL allocation of each State/UT is made to States/UTs at BPL rates under this Scheme.  

SUPPLY OF FOODGRAINS FOR SC/ST/OBC HOSTELS

      This Scheme is implemented by the Department of Food and Public Distribution through the State Governments/UTs. Under this Scheme, all residents of the hostels having 2/3rd students belonging to SC/ST/OBC are given 15 kg. foodgrains per resident per month .

ANNAPURNA SCHEME

      This Scheme is implemented by Ministry of Rural Development. Indigent senior citizens of 65 years of age or above who, though eligible for old age pension under the National Old Age Pension Scheme (NOAPS) but are not getting the same, are covered under this Scheme and 10 kgsof foodgrains per person per month are supplied free of cost.   


EMERGNCY FEEDING PROGRAMME

This Scheme is implemented by Department of Food and Public Distribution through the State Government of Orissa. The Scheme is being implemented in eight KBK Districts of Orissa covering 2 lakh beneficiaries andfoodgrains (rice) at BPL rates are being allocated to State Government of Orissa.  Cooked food containing, inter alia, rice-200 gmsdal (pulse)-40 gms and vegetables-30 gms is provided daily in the diet of each EFP beneficiary by the State Government.  


VILLAGE GRAIN BANKS SCHEME

Village Grain Bank Scheme was earlier implemented by the Ministry of Tribal Affairs in 11 States. However, since 24.11.2004, the scheme is being implemented by the Department Food & Public Distribution. 

The main objective of the scheme presently being implemented is to provide safeguard against starvation during the period of natural calamity or during lean season when the marginalized food insecure households do not have sufficient resources to purchase rations.  Such people in need of food grains will be able to borrow food grains from the Village Grain Bank. The grain banks are to be set up in food scarce areas like the drought prone areas, the hot and cold desert areas, tribal areas and the inaccessible hilly areas which remain cut off because of natural calamities like floods, etc. These villages are to be notified by the concerned State Government/Union Territory. The scheme envisages inclusion of all willing BPL/AAY families in the villages to be identified by   the State Government in food deficit areas. The quantity to be lent and the period of repayment is to be decided by the Group themselves.  Village Panchayat/Gram Sabha, Self Help Group for NGOs etc. identified by the State Governments are eligible for running the Grain Banks.

Friday, July 26, 2013

India ranked 3rd in Global Consumer Confidence Index

India has been ranked third in the Global Consumer Confidence Index. The latest survey by the Nielsen reveals that in the second quarter of the current financial year, India slipped one point behind Indonesia and Philippines in the overall consumer confidence levels.  Indonesia emerged as the most optimistic country with 124 points followed by Philippines with 121 points and India came third with 121 points. 
According to the survey, 72 percent Indians are optimistic about their job prospects in the next 12 months.  The job security is the major concern followed by the state of Indian economy. Analysts say that the pattern is a reflection of the concerns of the devaluation of the rupee and the continuing inflation for urban Indians over the past six months.  The Nielsen Global Survey of Consumer Confidence and Spending Intentions measures is based on consumer confidence, major concerns, and spending intentions among more than 29,000 respondents with Internet access in 58 countries.

Thursday, July 25, 2013

POVERTY ESTIMATES FOR 2011-12


UPSC EXAMINATION SCHEDULE 2014


Wednesday, July 24, 2013

Poverty Ratio of India declined to 21.9 percent in 2011-12: PCI Poverty Estimates Report

Poverty Ratio in India declined to 21.9 percent in 2011-12 from 37.2 percent measured in 2004-05 on the basis of the increase in per capita consumption. The Planning Commission of India on 23 July 2013 released its report on the Poverty Estimates for 2011-12. The report was based on the Large Sample Surveys on Household Consumer Expenditure conducted by the National Sample Survey Office (NSSO) of the Ministry of Statistics and Programme Implementation.

Poverty Ratio in India

The National Poverty Line estimated for rural areas during 2011-12 was 816 rupees per capita per month, whereas, for urban areas it was recorded at 1000 rupees per capita per month. Thus, for a family of five, the all India poverty line in terms of consumption expenditure would amount to about 4080 rupees per month in rural areas and 5000 rupees per month in urban areas. These poverty lines would vary from State to State because of inter-state price differentials.

Poverty Estimates 2011-12
1.    The all India poverty ratio is obtained as state-population weighted average poverty ratio, and the all India poverty line is the per capita per month expenditure that corresponds to the all India poverty ratio.
2.    The NSSO tabulates expenditure of about 1.20 lakh households. Since these households have different number of members, the NSSO for purpose of comparison divided the household expenditure by the number of members to arrive at per capita consumption expenditure per month. This is called Monthly Per Capita Consumption Expenditure (MPCE) and is computed on the basis of three different concepts: 
a)    Uniform Reference Period (URP)
b)    Mixed Reference Period (MRP)
c)    Modified Mixed Reference Period (MMRP). 
3.    The national level poverty ratio based on comparable methodology (Tendulkar Method) for 1993-94, 2004-05 and 2011-12 estimated from Large Sample Survey of Household Consumer Expenditure data of 50th, 61st and 68th round respectively are given in the image.
4.    The percentage of persons below the Poverty Line in 2011-12 has been estimated as 25.7 percent in rural areas, 13.7 percent in urban areas and 21.9 percent for the country as a whole. The respective ratios for the rural and urban areas were 41.8 percent and 25.7 percent and 37.2 percent for the country as a whole in 2004-05. It was 50.1 percent in rural areas, 31.8 percent in urban areas and 45.3 percent for the country as a whole in 1993-94. In 2011-12, India had 270 million persons below the Tendulkar Poverty Line as compared to 407 million in 2004-05, that is a reduction of 137 million persons over the seven year period.
5.    The decline in poverty flows from the increase in real per capita consumption. The per annum increase in real MPCE for each of the ten deciles. The clear inferences are
a)    The real MPCE increased by much more in the second period (2004-05 to 2011-12) as compared to the first (1993-94 to 2004-05)
b)    That the increase was fairly well distributed across all deciles of the population
c)    The distribution was particularly equitable in rural areas

The ratio is based on the methodology that was suggested by the Suresh Tendulkar Committee that suggests the factors in money spent on health and education besides calorie intake to fix a poverty line. As per Tendulkar Methodology, the poverty line has been expressed in terms of MPCE based on Mixed Reference Period. 

Since several representations were made suggesting that the Tendulkar Poverty Line was too low, the Planning Commission, in June 2012, constituted an Expert Group under the Chairmanship of Dr. C. Rangarajan to once again review the methodology for the measurement of poverty. The report on the recommendation on poverty line made by Tendulkar Committee from the Rangarajan committee is likely to be submitted by mid 2014.