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India has 31% of world's poor kids: report

-The Hindu Of the country’s 217 million children, nearly 50% endure multidimensional poverty, says Oxford survey About 31% of the world’s “multidimensionally poor” children live in India, according to a new report by the Oxford Poverty and Human Development Initiative (OPHI), a poverty reduction project grounded in economist Amartya Sen’s ‘capability approach’. “In terms of countries, fully 31% of the 689 million poor children live in India, followed by Nigeria (8%), Ethiopia (7%)...

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UP CM faces tough task of improving social, eco indices -Mahendra Singh

-The Times of India NEW DELHI: Apart from tackling law and order, the Yogi Aditya Nath government in Uttar Pradesh has a tough challenge ahead as the country's most populous state has slipped on most social and economic parameters due to decades of unstable governments and rule by regional outfits. Realising that UP must develop for India to progress, the Modi government has asked the Niti Aayog to assist the state in...

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Rich-poor divide in India widening as economy grows: Report -Chetan Chauhan

-Hindustan Times A new report examining 25 years of India’s economic liberalisation says exclusion of a large section of Dalits and Muslims have not gained adequately from the growth unlike more influential empowered sections of the society As India’s economy grew rapidly, the inequality between the richest and the poorest rose, the number of landless farmers increased and employment generation was lowest in 2015, says a new report examining 25 years...

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Framing the right prescription for health expenditure -Saachi Bhalla & Nachiket Mor

-The Hindu Strategic shifts are needed in the level of government control on the financing and provision of health India spends close to 5% of its GDP on health. While this may appear low when compared to 18% of the U.S., data show that Organisation for Economic Co-operation and Development (OECD) countries spend 8-11%, middle-income countries close to 6%, and India’s peers, the lower-middle-income countries 4.5%. By these measures, India’s health-care spending,...

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Before Universal Basic Income, We Must First Get Social Spending Basics Right -Anjana Thampi and Ishan Anand

-TheWire.in The Economic Survey 2016-17 devotes a chapter to the provision of a Universal Basic Income (UBI), describing it as a “raging new idea,” a “radical new vision” and “the shortest path to eliminating poverty”. While warning that the UBI “should not become the Trojan horse that usurps the fiscal space for a well-functioning state,” the survey says a de facto UBI can be instituted in the existing “fiscal space”. It...

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