The disastrous effect of the state throwing up its hands and retreating is most starkly visible in agriculture . Remember: agriculture involves 70 per cent of the country's population , generates about 56 per cent of national income, 64 per cent of total expenditure and about one third of total savings. So, any neglect translates into gigantic costs. And the central crisis in agriculture — production barely matching a depressed...
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Insufferable
Governments in India — Centre and states — spend around one per cent of the country's GDP on health. Only five countries — Burundi, Myanmar, Pakistan , Sudan and Cambodia — have a lower figure than this. But private spending on the crucial sector is 4.2 per cent of GDP, among the top 20 countries in the world. Within this private spend, employers pay for about 9 per cent and...
More »Rich states lag in use of MP funds by Mahendra Kumar Singh
Delhi MPs have failed to make optimum use of funds under MP Local Area Development (MPLAD) scheme, clocking up a utilisation rate of just 86.93%, well below the national average of 90.32%. According to a report of the ministry of statistics and programme implementation, Delhi was placed among laggard states when it came to utilisation of funds till July this year. Since the MPLAD scheme was launched in 1993, total...
More »A private intervention by Radhieka Pandeya
By noon daily, the reception area of Surya Clinic in Muzaffarpur district of Bihar begins to fill up. Patients admitted for gyanecological care are clothed in the blue robes of the hospital and ushered into clean rooms with freshly made beds. At the state-run primary health centre (PHC) in Bochahan block of Muzaffarpur, which also offers family planning services, disposable gloves are washed and re-used and rusted beds are covered with...
More »Rich getting richer: 120k Indians hold a third of national income by Rukmini Shrinivasan
Last year may have been a cruel year for much of the country with slow growth and double-digit food inflation, but India's high net worth individuals (HNWIs) prospered — just over 120,000 in number, or 0.01% of the population, their combined worth is close to one-third of India's Gross National Income (GNI). HNWIs, in this context, are defined as those having investable assets of $1 million or more, excluding primary...
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