-Outlook Corporate karza maafi reaches new heights, social spending new lows This year's budget write-off in customs duty on gold, diamonds and jewellery (all aam aadmi items, of course) is Rs 75,592 crore. That's well over twice the "record" amount allocated to the Mahatma Gandhi National Rural Employment Guarantee Scheme. As Prof Jayati Ghosh points out, the MNREGA has given billions of person-days of work to tens of millions of poor...
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Rural jobs scheme — good in parts -Nilabja Ghosh
-The Hindu Business Line It provides infrastructure and a social safety net, but are there better ways of delivering both? The MGNREGA has been a subject of controversies from its inception. After much of the public dissension died down, the current government again stirred a hornet's nest by sending out what were perceived to be negative signals on this large public employment scheme. Not only has this raised political questions, it has...
More »Putting the ‘universal’ in healthcare -Lant Pritchett & Gulzar Natarajan
-The Indian Express Universal health coverage (UHC) is at the heart of the government's healthcare agenda. The 12th Five Year Plan targets a long-term goal of UHC where "each individual would have assured access to a defined essential range of medicines and treatment at an affordable price, which would be entirely free for a large percentage of the population". But this year's reduced budgetary allocation raises troublesome questions about its ability...
More »Budget 2015-16 takes a leap towards market fundamentalism: CBGA
-Centre for Budget and Governance Accountability (CBGA) Press Release New Delhi: The direction indicated by the Finance Minister's Budget Speech in general and that of the taxation policies in particular indicate a quantum leap being taken towards market fundamentalism. In the absence of any increase in the overall spending capacity of the government (Centre and States combined), the steps for fiscal decentralization (from Centre to States) have been constrained, implying only...
More »Medicines in India, for India -Pavan Srinath
-The Hindu Tropical diseases have often been neglected by pharmaceuticals because the size of the drug market is smaller, people have lower incomes and companies are uncertain about IPR January marked an important breakthrough in the fight against tropical diseases. Researchers and the International Centre for Genetic Engineering and Biotechnology (ICGEB) in Delhi found a drug candidate that prevented TB and malaria pathogens from infecting human blood cells. It is not just that...
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