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Build a company like Infosys, lift people out of poverty: World Bank president

-NDTV Jim Yong Kim, who took over as the president of the World Bank in July last year, is on his maiden visit to India. He speaks to NDTV's Vikram Chandra on his first impressions of the country, the development challenges that India is facing and how poverty levels can be brought down. Here are the highlights of what Mr. Kim said:     Significant that I went to Uttar Pradesh in my first...

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Indian families spending less on health, education -Dipti Jain

-The Times of India  Indian households are allocating less of their spending to education and healthcare and more to travel and eating out than they did in the past, the latest GDP data reveals. Expenses towards education and medical care have, in fact, been declining since 2008-09, according to the data, along with a decline in spending on food. Expenditure towards medical care and health services has declined from 3.9% of the...

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UPA’s addition to health budget falls short of requirements-Kirthi Rao and Vidya Krishnan

-Live Mint Critics say inadequate funding is also a reflection of the govt abdicating its responsibility in providing healthcare facilities The United Progressive Alliance (UPA) government’s ‘health for all’ slogan could remain just that as the addition in the budget for health in the next financial year is Rs.7,000 crore, which experts said falls far short of the amount needed to start making universal health coverage (UHC) a reality. Some critics say...

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Budget ‘pro-rich’, say NAC members-Ruhi Tewari

-The Indian Express Even as Finance Minister P Chidambaram’s Union Budget for 2013-14 is being touted as a ‘balanced’ budget, members of the Congress president Sonia Gandhi-led National Advisory Council (NAC) have criticised it for not having done enough for the social sector. They feel the budget, which comes just ahead of the Lok Sabha elections due next year, falls short on delivering to the less advantaged groups and is relatively...

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