-Business Standard Health cess recommended; public health care to be primary focus The National Democratic Alliance (NDA) government plans to increase public investment in health from 1.04 per cent of GDP (gross domestic product) to 2.5 per cent by 2020, with 70 per cent of this being dedicated to primary health care. This target has been set in the overhauled draft National Health Policy that now emphasises on substantially ratcheting up government...
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Midday meals to lose gas cushion -Basant Kumar Mohanty
-The Telegraph New Delhi: The Centre has decided to stop reimbursing states for the unsubsidised cooking gas cylinders they are forced to buy for the school midday meal scheme. A food security adviser expressed the fear that the Centre's decision may force states to fall back on firewood. But a former member of the National Advisory Council backed the decision, saying states should make use of the additional money they were getting...
More »Forget Inflation Targeting -Prem Shankar Jha
-The Indian Express It has only managed to kill manufacturing and employment growth In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...
More »Govt to spend Rs 19,000 cr more on social sector over Budget estimates -Sanjeeb Mukherjee & Indivjal Dhasmana
-Business Standard The government has sought parliamentary approval for an extra Rs 18,995 crore social sectors during 2015-16, almost half of the total extra spending asked for over the Budget Estimates (BE). In a supplementary demand for grants, tabled in Parliament last week, the government placed additional expenditure for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), National Food Security Act (NFSA), Swachh Bharat Abhiyan, drinking water scheme, Pradhan Mantri Gram...
More »The Public Education System and What the Costs Imply -Kiran Bhatty, Anuradha De, and Rathin Roy
-Economic and Political Weekly There are basic methodological and conceptual problems with recent research that ends up arguing that private school education is more effective than public education. Such findings have obvious policy implications but it is critical that research that informs policy is based on a correct reading of facts, keeping the larger vision of education in mind. Recent research into the cost effectiveness of public education vis-à-vis private education concludes...
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