-Livemint.com At a pre-budget consultation, farmers and agriculture economists call for steps to reduce input costs New Delhi: Farmers on Tuesday urged finance minister Arun Jaitley to statutorily ensure income security for them and simultaneously take steps to reduce input costs and thereby make farming profitable. The suggestions from the Consortium of Indian Farmers Associations (CIFA) and agriculture economists was made at the first of the pre-budget consultation. “The median agriculture income is...
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Covered by govt health insurance, still paying hospital bills -GS Mudur
-The Telegraph New Delhi: Most households covered by government-funded health insurance have to use personal funds to pay for hospitalisation, a study has suggested, iterating concerns about the wisdom of deploying public-funded insurance schemes to seek universal health coverage in India. The study, designed to determine how well government-funded health insurance protects households from health expenditure, has found that 66 per cent of such households who sought healthcare in public hospitals and...
More »Achchhe din's worst day
-The Telegraph The Central Statistics Office reported today that economic growth sank to a three-year low at 5.7 per cent, striking at the core of Prime Minister Narendra Modi's promise of achchhe din. The sharp slowdown is a result of the two biggest disruptive measures taken by the Modi government: demonetisation and the goods and services tax. The double whammy has badly crimped factory output and squeezed the services sector. The GDP growth...
More »Economy red flags go up -Jayanta Roy Chowdhury and R Suryamurthy
-The Telegraph New Delhi: India's growth juggernaut has started to lose steam. In the mid-year Economic Survey, chief economic adviser Arvind Subramanian flagged big risks to economic growth and fiscal targets while asserting that the country had entered a "new phase of relatively low, possibly very low, inflation". In the first volume of the survey published in January, the government had forecast GDP growth in the range of 6.75 to 7.5 per cent...
More »States are failing to spend their education budgets - because the budgets are too low -Shreya Roy Chowdhury
-Scroll.in Chronic underspending on education has created governance systems that are unable to use the allocated funds. The Comptroller and Auditor General of India has found that states failed to spend over Rs 10,000 crores made available to them for elementary education every year between 2010-’11 and 2015-’16. The auditor’s report, which was tabled in the Lok Sabha on July 21, reviewed the implementation of the Right of Children to Free and...
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