-The Indian Express As India inches towards its goal of universal healthcare, there is a need for the budget to try to ensure that healthcare sector requirements are well funded and the budget contains provisions that energise accessible, affordable and quality healthcare. Here's what the government can do to boost the healthcare sector. India’s annual healthcare spend hovers around 4 per cent of GDP with high out of pocket expenditure and low...
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Agriculture reforms:: a mantra for equitable growth -Ajay S Shriram
-The Indian Express There are many things that the government can do to improve ease of doing business for kisan and industry. The budget season is upon us, with a flurry of submissions being made to the finance minister from all quarters. The budget itself could result in a fine-tuning of tax rates and allocation adjustments against various expenditure heads/ministries. There are implications from these for all sectors. And no less...
More »Why India faces a public funding crisis -Rathin Roy & Puja Mehra
-Livemint.com * The Centre has no money for a stimulus package. Only the states can find a way to get India out of the slowdown * States, taken collectively, are the only hope. Despite loan waivers, they are in a better position to boost public spending. But that would require coordinated work between the Centre?and the states NEW DELHI: On 1 February, finance minister Nirmala Sitharaman will present an important Union budget. The...
More »It will take decades to complete the sanctioned railway projects: government -Yuthika Bhargava & Sobhana K Nair
-The Hindu Public private partnership (PPP) is the only way out, Ministry tells parliamentary panel New Delhi: Even with an annual capital expenditure of about ?1.6 lakh crore for the Railways — which is the highest-ever — it will take decades to complete the sanctioned projects, the Ministry of Railways told a parliamentary panel on Monday, adding that public private partnership (PPP) is the only way out. The Ministry told the Standing Committee...
More »Explained: A new controversy on India's fiscal deficit -Udit Misra
-The Indian Express In his blog, S C Garg, former Economic Affairs secretary, has claimed that the actual fiscal deficit for the last financial year and the current one is more than a full percentage point higher than the official data. On the face of it, India’s fiscal deficit, which essentially maps how much money the Indian government has to borrow to make up the gap between its expenditure and its revenues,...
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