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Sri Lanka says it will default on its entire $51-billion external debt

-Scroll.in It has come to a point that making debt payments is impossible, the country’s central bank governor said. Crisis-hit Sri Lanka on Tuesday said it would default on its entire external debt worth $51 billion (over Rs 3.88 lakh crore) till it receives a bailout from the International Monetary Fund, AFP reported. A country’s external debt pertains to the money borrowed by it from foreign lenders through commercial banks, governments, or international...

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Burden of farm expense has increasingly passed from Centre to states -Abhinav Surya

-TheFederal.com Of the total public expenditure in agriculture, the Centre’s share fell from 50% to 37% between FY11 and FY20, while the states’ increased from 50% to 63% Fiscal federalism and Centre-state financial relations have always been a hotly discussed topic, with sharper debates arising in recent times. The total burden of public expenditure on the Central exchequer as a share of gross domestic project (GDP) has declined over the past decade,...

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Pocket pinch: Editorial on price rise

-The Telegraph The BJP’s nationalism would have been credible if it had a humane, inclusive face The prime minister has assured his legion of admirers that India’s stature is rising in the global order. The countrymen, however, can spot only one thing that is on an unprecedented rise: the price of essential commodities. On Tuesday, the price of diesel scored a century in Bengal, much like petrol that is already burning a...

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Primary healthcare fails to meet needs of people it was built for: Lancet study -Taran Deol

-Down to Earth People in low-, middle-income countries often have to pay out of their pocket and seek care elsewhere Funding in primary healthcare systems in low- and middle-income countries is insufficient and access to it inequitable, a new study has reiterated. Patients often have to pay for the services out of their pocket, the report published in the journal The Lancet Global Health April 4, 2022 noted, adding that these systems have...

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Push the policy needle forward on migrant support -Mukta Naik and Varun Aggarwal

-The Hindu Amidst the scattered experimentation now, the Centre must offer strategic policy guidance for inter-State coordination Only two years ago, in the wake of a nationwide lockdown, India was left shocked by the plight of migrant workers walking hundreds of kilometres, facing hunger, exhaustion and violence, to get to the safety of their home villages. The dire circumstances of the migrants tugged at our collective heartstrings. They became the focus of...

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