-IANS   In a major boost to the healthcare sector, total government expenditure on health would be increased to 2.5 percent of the gross domestic product (GDP) by 2017, the Prime Minister's Office (PMO) said on Wednesday. The decision was taken in a meeting held in the PMO on the government's priorities in health sector, particularly over the next five years. "The meeting decided that we must work towards increasing the total government health...

The Congress-led United Progressive Alliance (UPA) is likely to run into a debate on public health policy after the Planning Commission moved to nix a proposal to include healthcare in the list of public entitlements such as education and food. Central to the proposal—initiated by a high-level expert group (HLEG) headed by K. Srinath Reddy, a leading advocate of preventive cardiology and president of the Public Health Foundation of India—was the...

In an indication that the ruling Congress may be looking to evolve a comprehensive social security package ahead of the next general election, the Sonia Gandhi-led National Advisory Council (NAC) has started a consultative process with four central government ministries aimed at linking existing and new schemes for the huge unorganized sector. The plan, according to an NAC member, is to issue one entitlement card to every worker in the unorganized...

The huge expenditure on the food bill, with the attendant leakages, could well make fiscal recovery impossible In the first part of this article, we have estimated the actual cost of implementing the food security bill in its current form. In this part, we now examine the fiscal sustainability of the same. The current state of the revenue and expenditure trends of the Central government (refer table) show that while revenue...

-The Indian Express   Pranab Mukherjee should use his waking hours to signal bold reforms Until a few years ago no one really thought that governments could go bust. But the deepening sovereign debt crises of Europe have now persuaded us that governments can go bust if their debt levels cross a certain danger mark. What is that danger mark remains a matter of research by economists around the world. Some studies have concluded...