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A misdirected audit

-The Indian Express When the Delhi Development Authority had the sole right to build houses in the capital, it was unable to meet the demand from an expanding population. If private builders stepped in to build where the DDA was not doing so, is it a fair calculation to say that the profit they could make was a loss to the government exchequer? The CAG’s estimate of loss to the government...

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PMEAC Estimates 0.5% Farm Growth for 2012-13

-PTI Prime Minister's Economic Advisory Council today said poor monsoon is likely to pull down farm sector growth rate to 0.5 per cent in the current financial year, a projection that is even lower than in 2009-10 when monsoon was the worst in 28 years. The growth in the agriculture sector was one per cent in 2009-10 when production had fallen by 16 million tonnes due to poor monsoon. As many as...

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Unhealthy at 65: India has 76% shortfall in govt doctors-Subodh Varma

-The Times of India After spending around 1% of gross domestic product (GDP) on health in the past five years, the government is proposing an increase in public spending by half a percentage point to make it 1.58% for the coming five years (2012-17) under the 12th Plan.  This is what the draft chapter on health in the Plan document says. Health experts and activists are up in arms at this meagre...

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NRHM to be expanded to towns also, says Manmohan-Aarti Dhar

-The Hindu Scheme coming for free distribution of medicines through public hospitals and health centres The government will expand the scope of the NRHM to all towns and cities, by converting it into a National Health Mission (NHM), Prime Minister Manmohan Singh announced on Wednesday. In his Independence Day speech from the ramparts of the Red Fort here, he said the government was also formulating a new scheme for distribution of free medicines...

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Switch from farm subsidy to farm investment-Ashok Gulati

-The Economic Times With a weak monsoon, farmers and farm labour, agri-investors and policy makers, everyone is looking up in the sky and praying for more water to pour. Farm analysts are debating whether this will lead to a drop of 16 million tonnes of foodgrain, as it happened in 2009, or 38 million tonnes, as it did in 2002. NCAER is projecting 20 million tonnes drop in grain production in...

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