-The Hindustan Times The drafting of the National Health Policy (NHP) 2015 is an extremely welcome development. The government's decision to announce Health as a Right is a huge advance. Public health spending as a share of GDP barely rose from 0.9 to 1.1% under the previous government. Governments in rich countries have been spending 5% of GDP on health for decades. Why should we welcome the NHP 2015? Countries with...
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Dream loot for powerful -Buddhadeb Ghosh & Anjan Roy
-DNA Mahatma Gandhi National Rural Employment Guarantee Act, popularly knowns as NREGA, is the most romantic and largest development project in human history. It is extremely popular and invited widespread hatred. It embodies remarkable scope for alienated people and effortless corruption for powerful people at the lower level. The amount spent on it over the last nine years is about Rs3.50 lakh crore. The average number of jobs generated per year...
More »Why ending poverty in India means tackling rural poverty and power -Vanita Suneja
-Oxfam Blog Vanita Suneja, Oxfam India's Economic Justice Lead, argues that India can't progress until it tackles rural poverty. This entry was posted on 3 February 2015. More than 800 million of India's 1.25 billion people live in the countryside. One quarter of rural India's population is below the official poverty line - 216 million people. A search for economic justice for a population of this magnitude is never going to be...
More »Doubts over data: Economists remain sceptical as government projects GDP at 7.4%
-The Economic Times NEW DELHI: India is poised to become the world's fastest-growing major economy, possibly overtaking a slowing China this year itself, according to data released by the statistics office on Monday. But the numbers, based on a new series, seem to have intensified the bewilderment among experts who see little evidence of such a sharp growth surge. "The numbers are quite puzzling," said Soumya Kanti Ghosh, chief economic advisor, State...
More »Spurt in vegetable prices next month may be spoiler for inflation, warns RBI
-PTI Mumbai: Seasonal spurt in vegetable prices next month could partly reverse the benefits of low global oil prices reducing inflation and increasing disposable incomes, the Reserve Bank of India (RBI) warned on Tuesday. "The sharp reduction in oil prices as well as in inflation is likely to increase personal disposable incomes and improve domestic demand conditions in the year ahead," the central bank said in its monetary policy document. Inflation, excluding food...
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