-Millennium Post New Delhi: Delhi government has tightened the noose around private hospitals that managed to obtain prime government land in the city by promising free treatment to poor patients but have completely denied the facility after getting the land. The government has started the procedure to recover around Rs 203 crore ‘unwarranted profits’ which they had earned by utilising beds reserved for the Economically Weaker Section (EWS) category patients on...
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Budget cuts hurt fight against malnutrition: Maneka Gandhi
-Reuters NEW DELHI: Government's main program to fight child malnutrition has been hit by budget cuts that make it difficult to pay wages of millions of health workers, cabinet minister Maneka Gandhi said on Monday in a rare public criticism of Prime Minister Narendra Modi's policies. The government in February slashed social sector budgets to boost infrastructure spending in a bid to fasten the pace of Economic Recovery. States were asked to...
More »From plate to plough: Does anyone love the farmer? -Ashok Gulati
-The Indian Express The Union cabinet lacks a champion for agriculture Policymakers in the corridors of power in Delhi are feeling upbeat. There is recovery and resurgence in India’s stockmarkets. The Make in India campaign is getting more publicity and being noticed by foreign investors. FDI inflows are improving, and India’s ranking in the Ease of Doing Business index seems to be improving, as per some selective ratings. But agriculture, where almost half...
More »Inflation falls to -4.95%, spurs deflation fears, rate cut hopes -TCA Sharad Raghavan
-The Hindu Overall, industry bodies are positive about the ongoing contraction in inflation, but there is some wariness regarding deflation. Wholesale price inflation contracted for the tenth consecutive month, coming in at -4.95 per cent in August compared to -4.05 per cent in July. This follows Chief Economic Adviser Arvind Subramanian’s comments cautioning that India’s economy could be nearing deflationary territory. The data also comes two weeks before the Reserve Bank of...
More »IMD’s monsoon forecast -Anil Padmanabhan
-Livemint.com With barely weeks left for the to begin its retreat, it is emerging that India will close the year with a deficit much higher than what was initially forecast Another year and another bad monsoon. What were the odds? The India Meteorological Department (IMD) forecast this year’s monsoon—like last year—to be below normal. At that time, we all hoped that the IMD had got it wrong—the economy was on the...
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