-Business Today Priyanka Kishore, Lead Asia Economist at Oxford Economics tells Business Today why India's GDP may well not be 7 per cent. Excerpts from an interview. * What were the reasons that prompted you to relook at India's growth numbers? India announced a revamped GDP series in early 2015, based on the requirements of the 2008 System of National Accounts (SNA). The new method made substantial changes to both the estimation and...
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CAG faults top private charitable hospitals for billing poor patients -Sumitra Deb Roy
-The Times of India Mumbai: In an audit of 11 leading private charitable hospitals in the city, the Comptroller and Auditor General (CAG) of India has found that seven were wrongly billing poor patients and charging hefty deposits during admission. Most hospitals reserved less than the stipulated number of beds for the poor, thereby depriving many of quality healthcare. The charity commissioner too has been pulled up for bad implementation of...
More »Retail inflation might not fall much in kharif season -Sanjeeb Mukherjee & Indivjal Dhasmana
-Business Standard Recent trends indicate any such moderation would not be across the board or without riders: Experts New Delhi: Contrary to some perceptions, consumer price index (CPI)-based inflation might not ease sharply after kharif crops arrive in the markets. On the other hand, wholesale price index (WPI)-based inflation could see a rise, due to an increase in prices of commodities and metals. CPI inflation rose to 6.07 per cent in July, highest since...
More »Farmer suicides up 40 per cent in a year, Karnataka shows sharpest spike -Deeptiman Tiwary
-The Indian Express Maharashtra, according to sources, continues to witness the highest number of farmer suicides. The state saw an 18 per cent jump between 2014 and 2015 — from 2,568 to 3,030. New Delhi: FARMER suicides in the country spiked by over 40 per cent between 2014 and 2015. While 2014 saw 5,650 farmer suicides, the figure crossed 8,000 in 2015, government sources told The Indian Express. Maharashtra, according to sources,...
More »'Drought, debt driving farmers out of their homes'
-Deccan Herald New Delhi: A large number of farmers in drought-affected states are debt-ridden and many are migrating from their villages, according to a survey by an NGO. According to ‘Lessons from Desolation: A Citizen’s Report on Impact of Drought and Learnings for Future,’ prepared by Action Aid, 40-65 % of the farmers in the drought affected states are indebted while 20 % have migrated to nearby towns and cities in search of...
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