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India Could be a New Pole of Global Growth by Robert B Zoellick

Change is the great constant of the world economy. India was still a colony when the allied powers shaped the international architecture at the end of World War Two. Today, India is a rising economic power that is contributing to world growth in new and powerful ways. Economic reforms in India and China, and the export-driven growth strategies of East Asia all contributed in the last 20 years to a world...

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Key Facts

Output and Growth     According to the [inside]Economic Survey 2017-18, Volume-2[/inside] (please click here to access): • The growth rates of agriculture & allied sectors have been fluctuating at 1.5 per cent in 2012-13, 5.6 per cent in 2013-14, (-) 0.2 per cent in 2014-15, 0.7 per cent in 2015-16 and 4.9 per cent in 2016-17. • The Gross Capital Formation (GCF) in Agriculture and Allied Sectors relative to Gross Value Added (GVA) in...

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Rural distress

  KEY TRENDS   • The report entitled Pradhan Mantri Fasal Bima Yojana: An Assessment from the Centre for Science and Environment (released on 21 July, 2017) finds that PMBY is not beneficial for farmers in vulnerable regions. For farmers in vulnerable regions such as Bundelkhand and Marathwada, factors like low indemnity levels, low threshold yields, low sum insured and default on loans make PMFBY a poor scheme to safeguard against extreme weather events. CSE's...

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Education

KEY TRENDS   • At the national level, the proportion of government schools having facilities like drinking water was 96.39 percent, boys' toilet was 94.64 percent, girls' toilet was 97.03 percent, boundary wall was 60.12 percent, playground was 56.98 percent, ramp was 71.50 percent, CWSN toilet was 19.59 percent, electricity was 56.45 percent and library was 79.36 percent, according to the Unified District Information System For Education (UDISE) 2017-18 (Provisional) *12   • ASER 2019 ‘Early Years’ data shows a clear...

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Public Health

KEY TRENDS    • The 2019 India TB report says that the country accounted for a quarter of the global tuberculosis (TB) burden with an estimated 27 lakh cases in 2018. In 2018, the country was able to achieve a total notification of 21.5 lakh TB cases, of which 25 percent was from private sector. Majority of the TB burden is among the working age group. Nearly 89 percent of TB cases came from the age group 15-69 years....

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