-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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Grim diagnosis of govt health cover -GS Mudur
-The Telegraph New Delhi: India's government-funded health insurance schemes have increased patients' access to hospitalisation but failed to reduce their households' personal out-of-pocket healthcare expenses, the most comprehensive review of the schemes so far has found. The review by public health analysts has found increases ranging from 12 per cent to 244 per cent in hospital-based services across the country since the schemes were launched a decade ago. But there is no...
More »Low health spend alert
-The Telegraph New Delhi: India's public spending on health is about five times lower than the world average, the Economic Survey released today has said, adding the country lacks good models of health care for replication nationwide. The survey, in a section on social sector expenditure trends, has pointed out that the government's annual expenditure on health was 1.2 per cent of the gross domestic product in 2013-14, 1.1 per cent in...
More »Investment in technology must to achieve zero hunger
-Down to Earth FAO estimates that the world will need to produce some 60 per cent more food, on an average, to feed a hungry world by 2050 Governments, in conjunction with the private sector, need to tap agricultural science and technology research capacities to meet the zero hunger Challenge by 2030. This requires greater public expenditure and investment in science and technology, the Food and Agriculture Organization (FAO) says. Earlier, the...
More »Utsa Patnaik, professor emeritus at Jawaharlal Nehru University, interviewed by TK Rajalakshmi
-Frontline.in Interview with Utsa Patnaik, professor emerita of economics, Jawaharlal Nehru University. By T.K. RAJALAKSHMI THE FALLOUT of the decision of the National Democratic Alliance government to demonetise currency of higher denominations has been felt across all sections of people. There are concerns that it will lead to an overall economic slowdown given the acute shortage of currency for industrial and agricultural operations. The impact on agriculture and those dependent on agriculture...
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