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Oil PSUs: Decoding the math of loss or under-recovery and what it means-Avinash Celestine

-The Economic Times How right was the government when it stated that the under-recoveries posed a threat to 'our national economy'? Or when the government says that it gave more to the sector in the form of subsidies than it earned as fuel taxes? The government would also like you to believe that the under-recoveries, dependent as they are on the price of crude in the international market, and the exchange...

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A risky strategy, born of panic -Siddharth Varadarajan

-The Hindu Building ‘capitalism with Indian characteristics’ means decisions cannot ignore concerns of voters and communities As the economy slows down and the rupee wilts, Manmohan Singh has bitten the ‘reforms’ bullet with both eyes on the credit rating agencies whose negative reports have done much to dampen the ‘animal spirits’ of investors, foreign and native. Last November, when the Congress party made a push to introduce foreign direct investment in multi-brand retail,...

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Government to assure, not insure, health--Vidya Krishnan and Anuja

-Live Mint NAC wants Rashtriya Swasthya Bima Yojna to be absorbed into new policy for universal health coverage  The National Advisory Council (NAC), which sets the policy agenda for the Congress party led United Progressive Alliance (UPA) government, wants the Rashtriya Swasthya Bima Yojna (RSBY) insurance scheme to be absorbed into the new policy for universal health coverage (UHC), taking the latter closer to realization.   This is part of the government’s bid to move...

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Lancet backs WHO on need for universal health cover -Vidya Krishnan

-The Wall Street Journal/ Live Mint More than 60 million pushed below poverty line in India by healthcare costs in 2011 More than 60 million people were pushed below the poverty line in India by healthcare costs in 2011, said the Lancet medical journal, making a case for universal health coverage (UHC) in its latest issue. This comes amid international debate on the role of insurance, affordable medicines and access to healthcare. The...

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Health cover hurdle for elderly -Mayur Shetty

-The Economic Times The elderly will find it hard to buy health insurance with the public sector insurers bringing down agent commissions by more than a third for policies sold to those over 55. Companies with high claims, too, will find it difficult to get agents to service them as group policies where claims exceed premium will not be eligible for commission. The new commission structure that is effective from this month...

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