-Hindustan Times The government’s crop insurance scheme designed to protect 700 million farmers from natural disasters appears to have been overshadowed by Maharashtra’s BJP parliamentarian Gopal Shetty’s alleged description of farmer suicides as a ‘fashion’ and a ‘trend’. Critics have often described the government, which rode to a landslide poll victory in 2014 promising to usher in ‘achhe din’, as ‘pro-corporate’ at the cost of ignoring the farmers. The Narendra Modi-led NDA...
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Heart care costs beat cover: Study
-The Telegraph New Delhi: One in five patients in India treated for heart attacks had to pay over a third of their annual household income from their pockets despite health insurance, according to a study that doctors say highlights poor health care protection. The study probing the financial impacts of serious acute coronary events in a sample of 1,635 patients from 41 hospitals across the country has also found that 60 per...
More »Can India beat this slowdown? -Jayan Jose Thomas
-The Hindu It is only due to the high rates of growth in the services sector that India’s overall economic growth appears robust. The world economy is so hard to predict. In 2008, as the global financial markets plunged into a crisis, high oil prices were considered to be one of the factors that caused it. Today, many fear that the world economy is on the edge of another recession. Guess what...
More »Half of world’s air pollution deaths occur in China, India
-PTI More than 5.5 million people die prematurely each year due to air pollution with over half of those deaths occurring in China and India Washington: More than 5.5 million people die prematurely each year due to air pollution with over half of those deaths occurring in China and India, two of the world’s fastest-growing economies, according to a new research. According to scientists from the US, Canada, China and India, who...
More »Harbinger of change in global trade
-The Hindu The formal signing of the Trans-Pacific Partnership (TPP) by the 12 member-countries of the mega-regional free trade agreement is a milestone for international trade and, by extension, the global economy. With worldwide trade having slowed sharply since the 2008 financial crisis and now faced with headwinds from China’s slowdown, the deal, yet to be ratified, could provide a much-needed fillip to growth. As the World Bank noted in a...
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