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Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)

-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...

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Indicators that matter: On the quality of public healthcare -Soumitra Ghosh

-The Hindu Governments must be judged on the quality and extent of the public health care they provide The deaths of more than 70 children in one hospital in Gorakhpur and 49 in Farrukhabad, both in Uttar Pradesh recently, reflect the appalling state of public health in India. However, it needs to be remembered that India’s public health care sector has been ailing for decades. According to the latest Global Burden of...

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Privatising district hospitals: Health ministry, states, experts had little say in Niti Aayog plan -Menaka Rao

-Scroll.in RTI documents show that Niti Aayog largely worked with World Bank and top private healthcare industry. The Niti Aayog’s blueprint to increase the role of private hospitals in treating non-communicable diseases in urban India by handing district hospitals over to the private sector on 30-year leases was built largely on a template provided by the World Bank. The template was fine-tuned in close coordination with top private healthcare industry representatives. State...

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Raghuram Rajan breaks silence, says he wasn't on board for demonetisation -Rajesh Mahapatra

-Hindustan Times Raghuram Rajan makes the disclosure in his latest book -- I do what I do – which is a compilation of speeches he delivered on a wide range of issues as the RBI governor. Former RBI governor Raghuram Rajan has revealed that he did not favour demonetisation as he felt the short term economic costs associated with such a disruptive decision would outweigh any longer term benefits from it. Rajan...

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Achchhe din's worst day

-The Telegraph The Central Statistics Office reported today that economic growth sank to a three-year low at 5.7 per cent, striking at the core of Prime Minister Narendra Modi's promise of achchhe din. The sharp slowdown is a result of the two biggest disruptive measures taken by the Modi government: demonetisation and the goods and services tax. The double whammy has badly crimped factory output and squeezed the services sector. The GDP growth...

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