There can be potentially serious conflict between poverty reduction and reduction in inequality, Panagariya said. "I would focus much more on equality of opportunities, health and education."
Addressing the Lok Sabha on the 75th anniversary of the Quit India movement, the Prime Minister said from 2017 to 2022, when India turns 75, there is a need to create the same spirit that existed between 1942 and 1947.
The new Goods and Services Tax (GST) regime replaces a thicket of indirect central and state levies that critics argue have blunted economic competitiveness and hobbled efforts to lift more people out of poverty.
Referring to what has happened in the world in terms of eradicating poverty, he said China has had the strongest experience as 800 million people have been lifted out of penury.
Uttar Pradesh Chief Minister Yogi Adityanath said his government's focus will be on providing better education and employment facilities in the state and easing the pressure on farmers.
This came in response to a tweet by a follower who praised him for the Ujjwala scheme to provide subsidised LPG to the poor people after it crossed 2 crore mark.
The Economic Survey 2016-17 tabled in Parliament today by the Union Finance Minister Shri Arun Jaitley has advocated the concept of Universal Basic Income (UBI) as an alternative to the various social welfare schemes in an effort to reduce poverty.
The government could be considering implementing the universal basic income (UBI) system for the citizens, sources have told CNBC-TV18. The social security scheme ensures that all citizens of the country get a fixed regular sum of money.
Income tax data shows an unnamed taxpayer owed the government Rs 21,870 crore for the assessment year 2014-15.
In an effort to eradicate poverty, the government is working on an income transfer scheme that could form the basis of a national social security system, according to a report in The Economic Times.
Senior citizens living below the poverty line will be given assistive living devices like walking sticks, spectacles and hearing aids by the government under a new scheme.
"India needs to strive for greater economic prosperity to eradicate backwardness and its poverty. Development of industry economy is central to economic progress," Mukherjee said at 'World Confluence of Humanity, Power and Spirituality' here.
The white paper titled "The Right to Development: China's Philosophy, Practice and Contribution," said the number of phone connections in China has climbed to 1.54 billion last year with 688 million internet users and over 700 million people were lifted out of poverty in the last three decades.
"In tier 1 cities, the rents are extremely high...rents are high because land value has been very high. Luxury market has to grow, we need to provide space at low cost, fortunately, in my view with demonetisation, land prices will fall over a period of time and that will give further push to the growth of the luxury market," he added.
President of local unit of the party V Saminathan in a release here said, those opposing Prime Minister Narendra Modi's fight against black money are "anti-poor and self-centred" as they have no concern for the development of the nation.
After inaugurating the third US-India triangular training on 'Emerging Trends in Fruits and Vegetable Marketing' here, Verma said that the US and India are committed to work together on poverty and hunger.
Our Family Clinic in India is integrating mobile technology into its operations to bring high quality medical solutions (typically heavily skewed to urban centers) to lower-income and more-rural consumers.
Prime Minister Narendra Modi today made a strong pitch for development saying it is the only way to solve the problems that India is facing and urged state governments and local governing bodies to work in tandem to make the country poverty-free.
In an interview with CNBC-TV18's Shereen Bhan, World Bank President Jim Yong Kim talked about what countries like Bangladesh have done and should do in their bid to eradicate poverty.
Fadnavis met a delegation, led by NGO Shramajivi Sanghatana, at his official residence 'Varsha' here, over the issue of malnutrition in Palghar district.
"In large parts of Africa, it is likely that technology could fundamentally disrupt this pattern. Research based on World Bank data has predicted that the proportion of jobs threatened in India by automation is 69 percent, in China it is 77 percent and in Ethiopia, the percentage of jobs threatened by automation is 85 percent," he said.
The 70-year-old real estate tycoon said US President Barack Obama must be regretting his decision of putting Clinton in charge of America's foreign policy.
The United States ranked 25th on the index of 149 countries, scoring poorly on promoting clean energy and fighting inequality and climate change, said the ranking by the UN. Sustainable Development Solutions Network and Bertelsmann Stiftung, a German social responsibility foundation.
It notes, however, that 220 million people in Latin America - 38 per cent of the region's population - while not officially poor are vulnerable, living on less than USD 10 a day.
Seeking people's cooperation to make India poverty-free, Prime Minister Narendra Modi on June 2 said BJP is synonymous with development which is taking place in all the party-ruled states even as he sought a political change in Odisha