Appreciating the country's commitment towards universalising health coverage for the people, health economist Robert Yates has said the country needs to increase its public spending on health either by health insurance schemes or taxation.“The entire exercise of constituting a high-level expert group on universal health coverage that India has undertaken has been done at an appropriate time when the economy is growing and the country is getting wealthier as a...

Accelerating the process of framing a National Food Security Bill, Prime Minister Manmohan Singh on Tuesday convened a high-level meeting with his senior Cabinet colleagues to discuss aspects of the Bill and the recommendations made by the National Advisory Council (NAC).At the centre of the discussions was a letter written by NAC chairperson Sonia Gandhi to the Prime Minister on merging the Rural Development Ministry's exercise for identification of the...

Ratan Tata has initiated an interesting debate on the nature of India’s capitalist class. His characterization of this class as crony capitalists may not be out of place given recent evidence on a politics, media, judiciary and corporate nexus.Crony capitalism is a system in which businesses multiply their wealth not by fair rules of the market, but through their nexus with governments. Classic examples are the distribution of legal permits,...

Dr MS Swaminathan, NAC member and the father of India's green revolution talks to Rupashree Nanda on the food security legislation, the neglect in creating storage infrastructure and ideas like outsourcing food security issues. Rupashree Nanda: The main reason for the NAC climb down from the promised universal PDS to targeted PDS was the stated non - availability of foodgrains. Would you agree to that argument? Isn't there is not enough...

The government is planning a complete overhaul of the way the power sector is financed and subsidies are delivered, attempting to address a funding shortfall delaying the construction of electricity projects and worsening a chronic power deficit that threatens to sap growth in India’s energy-hungry economy.This exercise is based on a report submitted by a panel headed by Montek Singh Ahluwalia, deputy chairman of the Planning Commission, to the power...