-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...
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Budget 2016: FM Arun Jaitley faces tough task; has to please both farmers, investors
-PTI Budget 2016: Finance Minister Arun Jaitley faces a tough task of balancing the needs of farm sector as well as the industry when he presents his third and challenging Budget tomorrow as he seeks to garner resources to boost public spending for higher growth amid global headwinds. On the income tax front, the Budget may continue with the status quo on the tax slabs while it may tinker with the exemptions. Rising...
More »For a quantum leap to deliver primary medical care -Meenakshi Datta Ghosh & Dr. Prasanta Mahapatra
-The Hindu The primary health-care system in India, intended to enable affordable health care, has not delivered on its promise. Rural, public health facilities are unable to attract, retain and ensure the regular presence of trained medical professionals. Health centres and hospitals in the public sector have proliferated but they are distributed inequitably. India may have one government hospital bed for every 1,833 people, but the reality is that while in...
More »Rich feed off subsidies worth over Rs. 1 lakh crore: Economic Survey -TCA Sharad Raghavan
-The Hindu “Commodities that are primarily consumed by the rich have a low tax rate” India’s rich feed off subsidies worth over Rs. 1 lakh crore a year that are meant for the poor, according to the Economic Survey. And this figure only considers the subsidies on six commodities, two public utilities — the Railways and electricity — and one small savings scheme, the Public Provident Fund. “There are a fair amount of...
More »Economy set for takeoff, but tick off reforms checklist first: Survey
-The Times of India The Indian economy has the engines for growth to cruise at 8% to 10%, but strong global headwinds mean that in the immediate future it's more likely to grow at somewhere between 7% and 7.75%, said the government's annual Economic Survey, released on Friday. On the whole, the Survey was bullish on India, describing it as a "haven of stability and an outpost of opportunity" in a gloomy...
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