-The Hindu Even millions who are above the poverty line do not have access to healthy or nutritious food in India New analysis from the Food and Agriculture Organization (FAO) shows that hundreds of millions of people in India above the international poverty line of $1.90 purchasing power parity (PPP) per person per day cannot afford a healthy or nutritious diet. This analysis confirms the fact that the problem of poor nutrition...
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Violence cost India's GDP over $1 trn on PPP basis
-PTI The estimates include the direct and indirect cost of violence as well as an economic multiplier New Delhi: Violence cost the Indian economy a whopping USD 1.19 trillion (over Rs 80 lakh crore) last year in constant purchasing power parity (PPP) terms, which amounts to roughly USD 595.4 per person, says a report. The findings are part of the report prepared by the Institute for Economics and Peace (IEP) based on...
More »Framing the right prescription for health expenditure -Saachi Bhalla & Nachiket Mor
-The Hindu Strategic shifts are needed in the level of government control on the financing and provision of health India spends close to 5% of its GDP on health. While this may appear low when compared to 18% of the U.S., data show that Organisation for Economic Co-operation and Development (OECD) countries spend 8-11%, middle-income countries close to 6%, and India’s peers, the lower-middle-income countries 4.5%. By these measures, India’s health-care spending,...
More »Indian agriculture yet to catch up with neighbours on public spending, indicates IFPRI report
Amidst the prevailing gloominess over agrarian crisis, a recently released report says that the growth rate of agricultural output in both India and China were the same during 2008-2013. The agricultural gross domestic product (GDP) of both these countries on an average grew at 3.3 percent per annum during that period. The latest available data from the 2016 Global Food Policy Report, however, indicates that the neighbouring countries of Sri Lanka...
More »Poverty is falling fast in India, but we still measure it terribly -Rukmini S
-The Hindu Business Line Earlier this month, the World Bank decided to raise its global poverty line from $1.25 per day (in Purchasing Power Parity or PPP terms) to $1.90. A monumental change in global poverty took place earlier this month, but don’t be surprised if the world doesn’t look very different to you. Earlier this month, the World Bank decided to raise its global poverty line from $1.25 per day (in Purchasing...
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