-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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New CEA to be appointed only after poll, says official
-The Hindu Government satisfied with advisory role fulfilled by others The government is unlikely to fill the post of the Chief Economic Adviser (CEA) until after the general elections in 2019, according to a senior official in the Finance Ministry. The government has received only a few applications for the post in the three months since it advertised the vacancy, the official added. Not many applicants “We issued the advertisement for the post of CEA...
More »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 »'When a brother goes down a sewer to clean it, we look the other way' -Sudha G Tilak
-The Hindu Business Line Hounded for her documentary on the horrors of manual scavenging, filmmaker Divya Bharathi holds up a mirror to social indifference A conspiracy of silence — that’s how filmmaker Divya Bharathi describes the uneasy quiet that shrouds the death of men and children in sewage tanks. Earlier this month, when six men choked to death in Delhi, the reaction was on expected lines — nothing beyond knee-jerk moves, she...
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...
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