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Framing the right prescription for health expenditure -Saachi Bhalla & Nachiket Mor

-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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Macroeconomic Impact of Demonetisation: A Preliminary Assessment -RBI

-eSocialSciences.org The analysis in this paper suggests that demonetisation has impacted various sectors of the Economy in varying degrees; however, in the affected sectors, the adverse impact was transient and felt mainly in November and December 2016. The impact moderated significantly in January 2017 and dissipated by and large by mid-February, reflecting the fast pace of remonetisation. The latest CSO estimates suggest that the impact of demonetisation on GVA growth was...

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Modi's Digital India dream souring? Value of digital transactions recedes -Abhishek Waghmare

-IndiaSpend This puts in peril the government's target to achieve 25 billion digital transactions in 2017-18 The value of digital transactions nationwide declined marginally (1.5%) to Rs 92.6 lakh crore ($1.4 trillion) in February 2017 from Rs 94 lakh crore in November 2016 ($1.42 trillion), according to representative data (provisional) on electronic payments released by the Reserve Bank of India (RBI). The data do not cover all transactions across all banks. But, card...

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India ranks 131 on Human Development Index, Norway No.1 -Elizabeth Roche

-Livemint.com India’s Human Development Index score falls 27 % due to regional disparities in education, health parameters and living standards within the country New Delhi: India’s human development index (HDI) ranking for 2015 puts Asia’s third largest Economy among a group of countries classed as “medium” in the list as opposed to “low” in the 1990s, thanks to factors like an increase in life expectancy and mean years of schooling in the...

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MNREGA Is Not Making India's Workforce Less Skilled - Here's Why -Naman Garg and Aarushi Kalra

-TheWire.in MNREGA acts as a safety net not only against extreme poverty but also against the exploitation of workers. The Mahatma Gandhi National Rural Employment Guarantee Act (MMNREGA) and its impact on the various aspects of the Economy continues to be an active area of research. A piece by Sumit Agarwal, Shashwat Alok, Yakshup Chopra and Prasanna L. Tantri titled “Is MGMNREGA destroying factory jobs? Disquieting data shows it discourages skill development”...

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