-The Hindu The government’s claim that it will dampen inflation, bring higher prices for farmers and lower prices for customers may be somewhat exaggerated With the intention of signalling a strong commitment to reforms, the UPA government has announced a hike in the price of diesel and liberalisation of foreign direct investment (FDI) in multi-brand retail, justifying the measures as growth-enhancing and inflation-dampening. They have been termed bold by India’s corporate sector...
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Indian Internet economy all set to explode: study -Shalini Singh
-The Hindu Internet’s contribution to GDP will grow from $30 billion to $100 billion by 2015 The Internet has established its role as a powerful economic force multiplier with a new study projecting that its contribution to India’s GDP will explode to $100 billion (Rs. 5 lakh crore) by 2015 from $30 billion (Rs.1.5 lakh crore) at present. The study on the “Impact of Internet on the Indian Economy” by McKinsey, which is...
More »For universal health coverage, Plan Panel to train quacks -Abantika Ghosh
-The Indian Express The Planning Commission has proposed to train registered medical practitioners, commonly referred to as quacks, to ensure universal health coverage reaches even the remote populations. “Affordability, accessibility and quality are three pillars of UHC. The challenge is to fill the gaps especially in rural areas where there is a problem of trained manpower. We would like to train traditional midwives and RMPs — some people call them jholawala doctors...
More »Agriculture back in focus as growth estimate gets downgraded by banks like Morgan Stanley, Standard Chartered-Gayatri Nayak
-The Economic Times When the country was growing at more than 8 per cent for about a decade, services and manufacturing were the darlings of policy-makers, investors and talking heads. Agriculture, a segment that employs nearly half the hundred crore population of the country, was hardly mentioned even in passing. This year, thanks to a poor monsoon, suddenly the farmers are the centre of India's growth story, or the lack of...
More »Simple & cheap solution to India's grave water crisis: Waste water recycling-Sanjay Vijayakumar
-The Economic Times Where will India get its water from in the coming years? The water challenge is already grave and could get graver. By 2050, for instance, it is estimated that demand would go up to 1,180 million cubic metres, 1.65 times the current levels, a situation that would be made worse by fast dwindling fresh water resources. That's why desalination — removing salt from seawater to make fresh water —...
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