In India, private spending on health is 4.2% of GDP. More than 70% of all health expenditure in India is paid for by people from their own pockets and this expenditure has been rising, especially for the poorest with increasing privatization of healthcare. According to a Planning Commission paper of May 2009, several studies conducted in villages showed that healthcare expense was responsible for over half of all the cases...
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'We don't want MNCs to patent Indian traditional knowledge'
Multinational companies will now find it very difficult to patent products made by using Indian traditional knowledge of science. The Indian government has digitized all traditional knowledge of medicine available in India and has shared it with the US President and United States patents office so that nobody benefits unduly by using Indian knowledge and files for patents on such products. "We call it traditional knowledge in a digital library," said Minister...
More »Judiciary needs 35,000 judges to clear 2.71cr backlog: CJI
The Centre's fresh move to create 15,000 more courts appears to have fallen short of the estimation of Chief Justice of India K G Balakrishnan as he thinks the lower judiciary needs at least 35,000 judges as against the existing 16,000 to tackle the huge backlog of 2.71 crore cases. Law minister Veerappa Moily's initiative saw the cabinet clear a decision to create 15,000 more courts, but a Bench comprising...
More »Hope for poor states
It is indeed heartening to note that most states have been growing remarkably fast, going by the Central Statistical Organisation’s (CSO) current data on the economic growth of states over the last decade. Even chronically poor states such as Orissa, Bihar, Rajasthan and, more anaemically, Uttar Pradesh have participated in the boom, sending out a clear message that no state can be written off. One can argue that GDP alone...
More »New miracle economies: Bihar, poor states by SA Aiyar
India achieved record annual GDP growth, averaging 8.45%, in the five years, 2004-05 to 2008-09. But was this inclusive, and did it benefit the poor masses? We have no data on poverty beyond 2004-05. But the CSO has current data on the economic growth of the states. Historically, the chronically poor states were Orissa plus the BIMARU quartet (Bihar, Madhya Pradesh, Rajasthan, Uttar Pradesh), of which three have been sub-divided....
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