-The Telegraph   Ashok V. Desai,consulting editor of The Telegraph and chief consultant to the finance minister when Manmohan Singh launched the economic reforms, takes a deep dive into statistics to figure out what is wrong with the economy as Pranab Mukherjee leaves the finance ministry and Singh takes charge The growth rate of gross domestic product is reported to have come down. What does that mean? Before the question can be answered,...

-Down to Earth World is moving towards natural capital as a measure of economic growth After using gross domestic product, or GDP, as the universal measurement of economy for six decades, the world has begun looking beyond this gold standard for measuring a country’s economy. On May 25, 10 African countries agreed to incorporate their natural capital, or value of their natural resources, into their national accounts to make better economic decisions. The...

-The Economic Times If Dr Devi Prasad Shetty's vision comes true, most Indians will have access to quality healthcare. Dr Shetty says the cost of healthcare in India can come down by 50% in the next 5-10 years, and this will be forced on the hospitals by the government if service providers do not get their act together. "If you are going to say the cost of a heart surgery is...

-Down to Earth But public sector, too. needs quality improvement, say researchers from University of California What should cash strapped low- and middle-income countries do to improve access to health care? Should they strengthen the public health sector or the private sector? The question remains unresolved, but often funds are redirected from the public exchequer to the private health sector, even though, there is not enough data to guide policy. Recently, the...

-The Hindustan Times There is a widespread perception of policy paralysis in the corridors of power. The two remaining years of the UPA's term is still not too short to reverse the current drift, but time is rapidly running out. The damaged economy needs urgent fixing as does restoring the credibility of an executive racked by scandals and the absence of a sense of direction. The people of the country long...