The steadily rising rate of economic growth in India has recently been around 8 percent per year (it is expected to be 9 percent this year), and there is much speculation about whether and when India may catch up with and surpass China’s over 10 percent growth rate. Despite the evident excitement that this subject seems to cause in India and abroad, it is surely rather silly to be obsessed...
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MGNREGS gets mixed review from World Bank
-PTI The government’s flagship rural job guarantee scheme is innovative and has achieved quite high coverage but faces challenges like uneven implementation across states and “some evidence” of leakage of funds, a new World Bank report says. The study ‘Social Protection for a Changing India’ also says ensuring higher degree of awareness among people about the process of applying for work under the scheme and a strong monitoring and evaluation system...
More »President gives assent to MCI ordinance
President Pratibha Patil has given her assent to the Ordinance that seeks to extend the tenure of the Board of Governors of the Medical Council of India (MCI) by another year. A gazette notification in this regard was issued on Wednesday. The tenure of the Board was to expire on May 14. The extension was earlier approved at a meeting of the Union Cabinet last month. The Ordinance would have to be...
More »Renewable sources can meet most global energy demands – UN-backed report
Renewable energy sources such as solar power, wind, biomass and hydropower could meet nearly 80 per cent of the world’s energy supplies by 2050 if governments pursue policies that harness their potential, a United Nations-backed report released today says. The findings of more than 120 researchers working with the Intergovernmental Panel on Climate Change (IPCC) indicate that if the path of renewable source is fully followed, greenhouse gas emissions could stay...
More »Health budget may go up by 2% by Kounteya Sinha
India plans to increase its allocation for health to 2%-3% of its GDP over the next five years. Public spending on health was 0·94% of the gross domestic product (GDP) in 2004–05, which was among the lowest in the world. Private expenditure on health in India is about 78% as compared to 14% in the Maldives, Bhutan (29%), Sri Lanka (53%), Thailand (31%) and China (61%). Union health minister Ghulam Nabi Azad on...
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