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Driven to distress -R Krishnakumar

-Frontline Kerala is facing a situation where health care costs are leading more and more people, not just low-income families, to financial distress. KERALA is once again drawing attention to itself, this time for a persistent trend of a large number of households being pushed into financial ruin because of the expenses incurred for medical care. Several studies have now found evidence for the many facets of this worrying development in a...

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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...

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Against the grain -Harish Damodaran

-The Indian Express By officially committing to inflation targeting through the signing of a monetary policy agreement between the finance ministry and the RBI, India has joined 28 other countries in explicitly fixing goals for annual increases in the consumer price index (CPI) and pinning responsibility on the central bank for achieving them. Interestingly, among the now 29 countries, India has the lowest per capita income. While there are as many as...

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Food Sufficiency in India: Addressing the Data Gaps -S Chandrasekhar and Vijay Laxmi Pandey

-Economic and Political Weekly The National Sample Survey Office's survey of consumption expenditure is woefully inadequate for estimating the number of food-insecure households in India. Future surveys of NSSO need to collect information on the four pillars of food security: availability, access, nutritional adequacy/utilisation and stability. The Comprehensive Nutrition Survey in Maharashtra is an example of such a survey and appears to do a decent job of capturing the different elements...

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Highlights of Economic Survey 2014-15

-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...

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