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The growth of an idea called development -Nilanjan Ghosh

-The Hindu Business Line While the limitations of the concept of economic growth are acknowledged, we need a better index than HDI Despite claims that economic development as a branch of economic science emerged only in the 1950s, there is no doubt that the notion of development existed even in classical economic thought processes, emerging from the writings of Adam Smith and David Ricardo. The recognition of development economics as a discipline...

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Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar

-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...

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Rising burden of out-of-pocket health expenditure

A recent study published in the prestigious science journal 'PLOS One' (August 2014) shows that Central programmes like National Rural Health Mission (NRHM) and Rashtriya Swasthya Bima Yojana (RSBY), and state-level initiatives like Yeshasvini health insurance scheme (Karnataka), Vajpayee Aarogyasri health insurance scheme (Karnataka), Rajiv Aarogyasri scheme (Andhra Pradesh), Chief Minister's Insurance Scheme for Life Saving Treatment (Tamil Nadu) etc. did little to reduce the financial burden arising out of...

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Tussle between two ministries hits toilet plans for government schools -Neetu Chandra Sharma

-India Today At a time when Prime Minister Narendra Modi is spearheading a drive to build separate toilets for boys and girls in schools across the country within a year, the issue has been hit by a tussle between the Drinking Water and Sanitation Ministry and the Human Resource Development Ministry over who will fund the construction in state-run schools. Modi's dream project "Swachh Bharat", which aims to make India free of...

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Neediest gain least from health care drive -GS Mudur

-The Telegraph New Delhi: India's poorest and socially underprivileged people seem to have benefited the least from a set of government programmes launched over the past decade to reduce personal expenses on health care, research suggests. A team of health economists has found that the financial burden of health care on India's poorest 20 per cent, Scheduled Castes, Scheduled Tribes and Muslims has outpaced that on the richest 20 per cent and...

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