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Farm-loan waiver: A political masterstroke, but economically not prudent -Sanjeeb Mukherjee, Amit Agnihotri & Archis Mohan

-Business Standard The efficacy of farm debt waivers is ambiguous, but it has proved to be a potent potent weapon in the run-up to elections With elections round the corner in agrarian states of Uttar Pradesh and Punjab, Congress vice president Rahul Gandhi, his party’s Punjab chief ministerial candidate Amarinder Singh and Aam Aadmi Party (AAP) chief Arvind Kejriwal are trying to woo farmers of the two states with promises of farm...

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The foreign hand isn't enough -Alex M Thomas

-The Hindu The pursuit of full employment of labour cannot primarily rely on domestic private investment, much less FDI. Only public investment will steady us in the long run. We are increasingly told that the inflow of capital — particularly the foreign direct investment (FDI) variety — increases employment levels and contributes to economic growth. In a rare interview given to The Wall Street Journal in May, Prime Minister Narendra Modi reinforced...

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Expenditure on freebies not transparent: Report

-The Hindu The government incurred an expenditure of about Rs. 5,049 crore in 2014-15. Chennai: The State’s accounting of expenditure on freebies is not clear and does not transparently disclose the nature of details, said the Comptroller and Auditor General of India (CAG) report for the year ended March 2015. The report pointed out schemes like free distribution of laptops, marriage assistance schemes, free supply of grinders, mixies, fans, Chief Minister’s Comprehensive Health...

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Leveraging primary care -Poonam Khetrapal Singh

-The Hindu Health-care workers at the primary level must be given the knowledge and skills to provide NCD and associated risk factor care. Noncommunicable diseases (NCD) such as diabetes, respiratory diseases, cancer and heart diseases are taking a severe toll on public health across the WHO South-East Asia Region. Approximately 8.5 million lives, many of them premature, are lost each year due to NCDs, making them the region’s leading cause of death...

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Health in India: Where the money comes from and where it goes? -Samarth Bansal

-The Hindu It has long been argued that government spending on health should increase to 2.5 per cent of GDP. National Health Accounts (NHA) monitors the flow of resources in a country’s health system and provides detailed data on health finances. The NHA estimates for India for the financial year 2013-14 were published earlier this week, after a long void of almost a decade. The previous estimates were for the year 2004-05. In...

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