-The Economic Times NEW DELHI: Retired bureaucrats never retire. Stumped? A look at the information commissions, the transparency watchdogs, all over India reveals that they have become a re-employment arena for bureaucrats. Even though the Supreme Court has advised looking beyond retired civil servants for posts of information commissioners and chief information commissioners, governments prefer retired bureaucrats over candidates with specialisations in other fields. An annual study by the Commonwealth Human Rights Initiative,...
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Super rich defaulters push Indian banks towards collapse
-DNA What is worse is that just the top 30 cases of default account for a Rs 1.21 lakh crore, which is almost 40% of the Non Performing Assets (NPAs) in banks. The upper middle class, who usually takes loans of over Rs 1 crore, accounts for 33% of the total NPAs. It's not the poor farmers or the middle class who are defaulting on their loans. It's the country's super rich,...
More »Realty sector: Getting the foundation right
-The Indian Express As several steps taken by the Centre for the sector hangs fire, clarity and implementation of ‘Housing for All’ scheme would be the key for its success. The Union Cabinet approved its flagship ‘Housing for All’ scheme this week, with a 2022 target and a renewed emphasis on the low-income group categories by way of relaxed income limits and higher interest subvention. While the government seems to have struck...
More »'Social Media Usage in Rural India Grew 100 Percent in a Year'
-IANS Usage of social media in rural India has grown by 100 percent during the last one year with 25 million users residing in that belt, a report said on Wednesday. However, urban India registered a relatively lower growth of 35 percent with the total number of users at 118 million as on April 2015, says the 'Social Media in India 2014' report by the Internet and Mobile Association of India (IAMAI)...
More »Financing for Health Coverage in India: Issues and Concerns -Indrani Gupta & Samik Chowdhury
-Institute of Economic Growth The paper explores the trends, composition, and incidence of out-of-pocket health expenditure (OOPHE) in India, which has been the predominant means of financing its health care needs. Unit-level data from the National Sample Survey on Household Consumer Expenditure for the years 1993–94, 2004–05, and 2011–12 are used. Results show that the burden of OOPHE has increased steadily over time, but more for the lower economic quintiles. Drugs...
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