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Election spending to push up GDP numbers by 0.3%

-The Indian Express Candidates are expected to spend up to R11,000 crore collectively Election spending by candidates and the state machinery for the upcoming General Elections is expected to bring about only a marginal rise in the GDP growth of the world's largest democracy. Poll expenditure, which is estimated to touch Rs 11,000 crore by candidates in the country's 543 Lok Sabha constituencies could increase the country's gross domestic product by about...

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Bihar, Gujarat low on spending inequality: study -Chetan Chauhan

-The Hindustan Times As parties gear up for polls, India's two most talked about non-Congress ruled states - Gujarat and Bihar - have been rated as having lesser spending inequality as compared to most other states of the country. A new government study ranks Gujarat as the state having least inequality in urban areas except four north-eastern states of Manipur, Meghalaya, Nagaland and Mizoram. For rural areas, Bihar earns the top slot...

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Rs 30,000 crore stimulus to economy expected from poll spending -Surojit Gupta

-The Times of India NEW DELHI: The country's faltering economy is likely to get a significant stimulus from election spending by political parties, candidates and the government which estimates suggest could be as much as Rs 30,000 crore. The figure is comparable to the $4 billion (around Rs 20,000 crore at the prevailing exchange rate) additional spending that the government announced in 2008 to shield the economy from the impact of the...

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India’s child mortality rate may worsen despite govt efforts: Report- Deepti Chaudhary

-Live Mint India Philanthropy Report 2014 by Bain and Dasra says lack of funds will lead to more deaths of children Mumbai: India's child mortality rate may worsen despite the government's efforts to lower it because of a dearth of funding, according to the India Philanthropy Report 2014 by business consulting company Bain and Co. and Dasra, a philanthropic foundation, to be released on Friday. The lack of a comprehensive ecosystem of...

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Melinda Gates, co-founder of the Bill and Melinda Gates Foundation interviewed by Vidya Krishnan

-Live Mint Melinda Gates says India is closer than ever to the goal of eradicating poverty and improving access to health for all New Delhi: Philanthropist Melinda Gates, co-founder of the Bill and Melinda Gates Foundation and one of the most influential women in the world, maintains that India is closer than ever to the goal of eradicating poverty and improving access to health for all. In their annual letter, published...

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