-Reuters The government has ordered a cut of nearly 20% in its 2014-15 healthcare budget due to fiscal strains, putting at risk key disease control initiatives in a country whose public spending on health is already among the lowest in the world. Two health ministry officials told Reuters on Tuesday that more than 60 billion rupees, or $948 million, has been slashed from their budget allocation of around $5 billion for the...
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Free market model has failed: Kaushik Basu -Puja Mehra
-The Hindu "World Bank too has changed its goal to fighting no longer for just eradication of poverty but also for shared prosperity" There is now a consensus the world over that the free market economic model does not work, said World Bank chief economist and former Chief Economic Adviser to the government of India Kaushik Basu on Sunday. Dr. Basu was speaking at a function organised here by the ‘Ideas for...
More »Cyclone Hudhud caused Rs 21,908 crore loss, agriculture sector worst hit: Andhra government
-DNA Hyderabad: The Hudhud cyclone that had hit Visakhapatnam in Andhra Pradesh in October has caused a loss of Rs 21,908 crore, including damage to the tune of Rs 6,136 crore to private industries in the port city, the state government told the Legislative Assembly on Hyderabad. Making a statement on Hudhud today, Deputy Chief Minister N China Rajappa said the human loss in the devastating cyclone which made a landfall on...
More »'Modi disappointing on education':Dr. Devesh Kapur -Varghese K George
-The Hindu The trajectory of the Narendra Modi government's education policy has been "disappointing and makes one apprehensive," said Dr. Devesh Kapur, Director of the Centre for the Advanced Study of India at the University of Pennsylvania and an expert on human capital, diaspora and political and economic change in developing countries. "It makes me apprehensive. I don't see any fundamental change in a view - common to our Left and...
More »Modi intervenes, govt tells SC it’s ready to take relook at Sec 66A -Utkarsh Anand
-The Indian Express Adopting a fresh stance, the government on Wednesday told the Supreme Court that it was willing to take a re-look at Section 66A of the Information Technology Act, which empowers police to make arrests over social media messages, and to put in necessary safeguards for allaying apprehensions against its misuse. The government assured the court that it was for the complete freedom of expression on the social media and...
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