-The Economic Times Inflation - retail as well as wholesale - has increased in March over relatively benign levels in February. At 5.7%, the growth of inflation based on the wholesale price index ( WPI) was at a three-month high, compared to a ninemonth low of 4.7% seen in February. The Reserve Bank of India (RBI) now sets policy rates by looking at inflation based on the Consumer Price Index (CPI)....
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Lok Sabha polls 2014: Why is climate change not an election issue?-Apurv Kumar Mishra
-DNA The Indian political class is completely disengaged with the environment because the issue does not get votes. And the poor, who will be the most affected by climate change, are mostly unaware about it, though it is an existential issue for our country. In William Shakespeare's play Julius Caesar, a series of bizarre events happen in Rome before Caesar's assassination, leading a soothsayer to warn him: "Beware the ides of...
More »Health expense is a major burden on rural citizenry
The share of total expenditure on medical and healthcare is comparatively higher for an average rural citizen than his/her urban counterpart, reveals the latest available National Sample Survey Report (68th Round) entitled Level and Pattern of Consumer Expenditure 2011-12. Although an average urban Indian spends nearly 84 percent higher than his/her rural counterpart in a month, the share of total outlay on medical expense* is higher in case of the...
More »Spending won’t make it better -Meeta Rajivlochan
-The Indian Express Raised budgets are no guarantee of improved healthcare. With a new government in the offing, all suggested agendas for health are talking of an increase in health budgets and the fact that at 1 per cent of the GDP, government spending on public health in India is one of the lowest in the world; the rest is out of pocket expenditure. The US is a prime example of the...
More »Cheap medicine myth busted -GS Mudur
-The Telegraph New Delhi: The rules for price caps on 348 medicines imposed by the central government last year provide drug companies "escape routes" and promise little relief to consumers, a report released today has warned. The report from the Public Health Foundation of India (PHFI), an academic institution, has also cautioned that the Drug Price Control Order (DPCO) rules will encourage the growth of irrational combinations of drugs that remain outside...
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