-The Hindu Strategic shifts are needed in the level of government control on the financing and provision of health India spends close to 5% of its GDP on health. While this may appear low when compared to 18% of the U.S., data show that Organisation for Economic Co-operation and Development (OECD) countries spend 8-11%, middle-income countries close to 6%, and India’s peers, the lower-middle-income countries 4.5%. By these measures, India’s health-care spending,...
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MGNREGA lesson for universal basic income: Once introduced, there's no going back -Aurodeep Nandi
-The Financial Express The one irrefutable lesson from MGNREGA, is that once introduced, there will be no going back India is one of the most unequal countries in the world. In terms of Gini coefficient, i.e., measure of income inequity, India ranks a dismal 135 out of 187 countries. This means that most of the prosperity that an increasingly economically liberalised India is seeing, belongs primarily to the top-income percentiles. One in...
More »Punjab: High debt level, at Rs 1.25L crore, a major challenge for new government
-The Indian Express One of the key issues that any incoming government in Punjab has to immediately grapple with is high state debt estimated at Rs 1.25 lakh crore in the last year’s budget. A clutch of other key reforms such as improving land allotment process and streamlining property registration would also need the attention of the new government. Punjab has steadily accumulated the debt over the years, resulting in its...
More »Delhi Govt presents Rs. 48,000-cr Budget for 2017-18
-PTI New Delhi: A Rs. 48,000-crore Budget for the national capital was presented today by the AAP Government, laying major focus on improving transport, health, water distribution and education infrastructure. In its third Budget, the Arvind Kejriwal Government abolished the Plan and non-Plan expenditure heads and presented it in terms of revenue and capital classification in line with the Centre’s decision. There was no proposal on levying any new tax. 'Outcome budget' In a first,...
More »Haryana spent 'Beti Bachao, Beti Padhao' funds on laptop bags, mugs -Sukhbir Siwach
-The Indian Express The auditor also pointed out that there was no provision in the scheme for purchase of laptop bags and mugs. Chandigarh: Finding loopholes in the implementation of Beti Bachao-Beti Padhao (BBBP) campaign launched by Prime Minister Narendra Modi in 2015, the Comptroller and Auditor General (CAG) found diversion of funds meant for the campaign in Panipat district. According to CAG’s latest report, over Rs 3 lakh were spent on “preparation”...
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