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How GDP understates economic growth-Bill Gates

-The Guardian GDP may be an inaccurate indicator in sub-Saharan Africa, which is a concern for those who want to use statistics to help the world's poorest people Even in good financial times, development aid budgets are hardly overflowing. Government leaders and donors must make hard decisions about where to focus their limited resources. How do you decide which countries should get low-cost loans or cheaper vaccines, and which can afford to...

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Age of graft -CP Chandrasekhar

-Frontline Corruption tends to be greater in periods when there is a state-engineered redistribution of wealth in favour of a few at the explicit or implicit expense of the many. Liberalisation is one such period. IT cannot be verified and may not be true. But, the view that the record of graft and corruption during the two-term, nine-year rule of the United Progressive Alliance (UPA) is the worst in India's post-Independence...

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Montek pat, cash for Bihar

-The Telegraph Bihar today drew praise from Planning Commission deputy chairperson Montek Singh Ahluwalia for faring better than other states on per capita income. "Bihar's overall performance during 2012-13 has been very good and its growth in per capita income has been better than the country as a whole. Although the state started with a low base, this still is a remarkable growth," he said after a meeting with chief minister Nitish...

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NABARD shifts blame for corporate warehousing scheme to FinMin, RBI-Shalini Singh

-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the Ministry of Finance (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...

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Frontiers without doctors-D Thamma Rao

-The Hindu The south leads in the number of medical and nursing seats, with for-profit private colleges dominating the scene. It will take major capacity expansion in the government sector to meet WHO norms on access to health professionals. India has achieved major organisational and technological successes but the health system's performance is abysmal. This cannot be attributed to poverty. It is poor health that places India 134th in the Human Development...

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