-Outlook Is the devolution of ­national funds to states really worth the praise? * Share of the states in the divisible pool of central taxes has risen from 32% to 42% for five years till 2019-20 * Rise in untied funds transferred is accompanied by cut in Central assistance for state plan spending * Limited ability of the poorer states to expand their fiscal space with own revenue collection * Funds for rural development...

-TheWire.in When the data tells us insurance-based health schemes have not reduced out-of-pocket expenditure for the poor, Jaitley’s budgetary focus should have been on boosting public provision of health care. Despite sustained economic growth for over two decades, improvements in health indicators in India have not kept pace. By 2015, India was able to meet only four out of the ten health targets set under the Millennium Development Goals (MDGs) for that...

-The Hindu It is only due to the high rates of growth in the services sector that India’s overall economic growth appears robust. The world economy is so hard to predict. In 2008, as the global financial markets plunged into a crisis, high oil prices were considered to be one of the factors that caused it. Today, many fear that the world economy is on the edge of another recession. Guess what...

-Economic and Political Weekly Health and nutrition indicators have improved, but remain unacceptably low. After a hiatus of a decade, we now have up-to-date information on the health and nutrition status of the population. Preliminary results for 13 states and two union territories of the much awaited National Family Health Survey–4 (NFHS–4) which was conducted in 2015–16—the first after NFHS–3 of 2005–06—have just been released. In a welcome development, NFHS–4, for the...

-Economic and Political Weekly Bihar has been showing signs of emerging from stagnation and backwardness. For this to occur in full, an agrarian transformation is central in a state where urbanisation remains very low. This paper uses longitudinal household data from a sample of villages to explore changes in production relations, land and other assets, agricultural development and occupational diversification. There has been a significant change in class structure and a...