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India needs both price and income support for farmers -Soumya Kanti Ghosh and Debashis Padhi

-Livemint.com The concerns about the downsides of these schemes are overblown, and they could go some way in alleviating rural woes Since the Union Budget 2018-19, there has been a great deal of discussion in the public domain regarding the health of the rural sector. We believe that the rural sector needs some policy intervention, be it price support or income support. As a case in point, the agri gross domestic product...

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India's health spend just over 1% of GDP -Sushmi Dey

-The Times of India NEW DELHI: India currently spends a little over 1% of GDP on health, far below Singapore which has the lowest public spend on health at 2.2% of GDP among countries with significant universal health coverage (UHC) service, according latest National Health Profile (NHP) data. India's per capita public expenditure on health increased from Rs 621 in 2009-10 to Rs 1,112 (around $16 at current exchange rate) in 2015-16....

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An unexceptional economic performance -Pulapre Balakrishnan

-The Hindu It is now clear that the Indian economy is moving along a lower growth path At the end of May the Central Statistics Office (CSO) released much-awaited estimates of national income for the final quarter of the 2017-18 financial year. The timing coincided with the completion of four years in office of the National Democratic Alliance (NDA) government. In a propaganda blitz, surging through the Net, the government embraced the...

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At current rates, Bangladesh could top India's per capita income by 2020 -Krishna Kant

-Business Standard Also, over the past 3 years, GDP in dollar terms has grown 12.9%, more than twice our rate Mumbai: After trailing its big neighbour for four decades, Bangladesh has gone ahead of India in economic growth and on social development indicators. In the three years ending 2016, Bangladesh’s gross domestic product (at current prices) in dollar terms grew at a compounded annual rate (CAGR) of 12.9 per cent, more than twice...

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Too clever by half? -Venkatesh Athreya

-Frontline.in Despite its deeply flawed neoliberal perspective, Economic Survey 2017-18 is rich in detail, has many useful analytical discussions at different levels of aggregation, and would serve as a useful resource for students and scholars. When Arvind Subramanian, the present Chief Economic Adviser to the Ministry of Finance who took office way back in October 2014, presented his first Economic Survey, the one for 2014-15, there was considerable novelty on offer, at...

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