-TheWire.in The finance ministry can continue to quibble, but the stark fact is that decades of underspending in education and health may result in India wasting its demographic dividend. On October 11, the World Bank launched the latest of its country rankings: the Human Capital Index (HCI). The objective of the index is to show how low education and health outcomes – or human capital – impact productivity, growth and prosperity. The...
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RBI data on Public Sector Banks: In four years, banks' write-off over seven times recovery -Anil Sasi
-The Indian Express Even as the government has been trying to shore up PSB books through equity capital infusion and other measures, stressed assets have registered a steady rise since 2011. New Delhi: Between April 2014 and April 2018, the country’s 21 State-owned banks ended up writing off Rs 3,16,500 crore of loans even as they recovered Rs 44,900 crore written off on a cumulative basis — or less than one-seventh the...
More »Ayushman Bharat Trivialises India's Quest for Universal Health Care -Jean Dreze
-TheWire.in Little can be done without a massive increase in public Health Expenditure and a radical revamp of the primary health infrastructure. Even by Narendra Modi’s high standards, the level of deception involved in the recent launch of the Pradhan Mantri Jan Arogya Yojana (PMJAY) is breath-taking: the prime minister managed to claim that PMJAY is the world’s largest health programme without making any significant financial provision for it. It may be recalled...
More »Indian wage disparities worry UN body
-The Telegraph New Delhi: India's state governments often set their minimum wages lower than the recommended national minimum wage, decided by the Union labour ministry, a report by the International Labour Organisation has said. It has added that the minimum wages often show large inter-state variations, unrelated to the cost of living, for the same kind of job. This is because the Minimum Wages Act of 1948 does not say on what...
More »The Cancer Refugees -Shah Alam Khan
-The Indian Express Patient shelters must become part of urban infrastructure. Ramkishan Yadav (name changed) hails from Begusarai district in Bihar. He has been in Delhi for the past seven months to complete the treatment of his 11-year-old son, who suffers from a “treatable” form of bone cancer. The father and son live on the footpath in front of the main gate of the All India Institute of Medical Sciences (AIIMS) in...
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