-The Economic Times NEW DELHI: Narendra Modi-led Gujarat may be high on economic growth, but it is not a state companies would rush to for selling their goods. Per capita monthly spending in urban Gujarat is below the national average and rural Gujarat does not figure among the top spenders, according to a National Sample Survey Office (NSSO) report based on household consumer expenditure survey of 2011-12. Haryana and Kerala headed...
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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...
More »Job creation-A counter-intuitive model-Rajiv Lall
-The Business Standard The rural non-farm sector has emerged as India's largest job creator since 2000 and needs to play a pivotal role in our structural transformation Job creation has to be a pressing priority for any new government. But it is worthwhile trying to understand the nature of our employment challenge. The unemployment rate, as understood in the Organisation for Economic Co-operation and Development (OECD) world, is not a very useful indicator...
More »Drug pricing policies bent to favour pharma industry, allege health experts -Jyotsna Singh
-Down to Earth Nearly 83 per cent medicines out of the ambit of price control policy, thus making them out of reach for most patients, say two recent reports Indicating failure of the National Pharmaceutical Pricing Policy (NPPP), 2012 and the Drugs Price Control Order (DPCO), 2013, two recently-released reports have stated that medicines are still not accessible and affordable for the citizens of the country. The reports that were jointly released...
More »Nitish Kumar’s Bihar slides in GDP growth -Pradeep Thakur
-The Times of India NEW DELHI: Closer to elections, Nitish Kumar's JD (U) government in Bihar seems to be on a slide with the state's GDP growth tumbling down - from a high of 15.05% in 2012-13 to an estimated 8.82% in 2013-14. Incidentally, the ebbing of growth coincides with the split in the JD(U)-BJP alliance. Nitish had called off the alliance with the BJP in mid-June last year when the...
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