-Press Information Bureau/ Ministry of Finance Economic Outlook, Prospects and Policy Challenges Macroeconomic fundamentals in 2014-15 have dramatically improved. Highlights are: * Inflation has declined by over 6 percentage points since late 2013. * The current account deficit has declined from a peak of 6.7 percent of GDP (in Q3, 2012-13) to an estimated 1.0 percent in the coming fiscal year. * Foreign portfolio flows have stabilized the rupee, exerting downward pressure on long-term interest...

-Tehelka National Health Policy 2015 draft could end up being a paper tiger Successive governments since the reforms of 1991 have been criticised for low funding on health, lowest in the world. Nearly one percent of India's gross domestic product (GDP) is spent each year on public health. But the new government has pledged to turn the tide around by increasing government spending to 2.5 percent of GDP in the draft health...

-IPS News NEW DELHI: Despite being one of the world's fastest expanding economies, projected to clock seven-percent GDP growth in 2017, India - a nation of 1.2 billion - is trailing behind on many vital social development indices while also hosting one-fourth of the world's poor. While the United Nations prepares to wrap up a decade-and-a-half of poverty alleviation efforts, framed through the lens of the Millennium Development Goals (MDGs), by the...

-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...

-The Hindu With a plethora of government departments and international organisations putting out so much statistical data in the public space, often contradicting one another, it is the government's duty to clear the air with up-to-date and coherent statistical data linking social and economic indicators Purchasing Power Parity or PPP has validated a long held surmise that the poorer countries are not as badly off as they are made out to be...