-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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World Bank's 1st Human Capital Index: India lower than Bangladesh, Nepal; Finance Ministry rejects report
-The Indian Express In a statement, the Finance Ministry said the HCI score for India does not reflect the key initiatives that are being taken for developing human capital in the country. The World Bank on Thursday released its first report on Human Capital Index (HCI), which placed India at the 115th position, lower than Nepal, Sri Lanka, Myanmar and Bangladesh. Singapore topped the poll after it was highly rated for its universal...
More »In Modi govt, just 4% of IAS officers are from Gujarat cadre, but they hold the key posts -Sanya Dhingra
-ThePrint.in Of the 18 Gujarat IAS officers in the Central government, 4 serve in the PMO, 4 in the finance ministry and 2 in the home ministry. New Delhi: Ever since Narendra Modi led the BJP to victory in the 2014 Lok Sabha polls and moved from being Gujarat chief minister to India’s prime minister, there has been much speculation about the civil servants from his home state in the central government. Who...
More »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 »Total government liabilities rise to Rs 79.8 lakh crore in Q1: Finance Ministry report
-PTI NEW DELHI: Total liabilities of the government increased to Rs 79.8 lakh crore at end-June 2018 from Rs 77.98 lakh crore at end-March 2018, latest data on public debt showed Friday. Public debt accounted for 89.3 per cent of total outstanding liabilities at end-June 2018 with internal debt accounting for 83.0 per cent share. Nearly 24.9 per cent of the outstanding dated securities had a residual maturity of less than five years....
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