The passbook that she showed me was absorbed in the dirt with many stains and inappropriate folding’s. It was not just a passbook for her it was a symbol of economic independence. I turned on my scooter and left the village with the thought of silent revolution the MGNREGA is carrying out in lakhs of Indian villages.
Why the GDP is the wrong yardstick to measure prosperity
Published on :From a GDP perspective, nuclear warheads do just as well as hospital beds or apple pie. -David Pilling, Author of the Growth Delusion
TRANSFORMING INDIA’S HEALTHCARE SECTOR: A DETAILED ANALYSIS
Published on :The immediate need is to prioritize high-impact and cost-effective interventions at India’s current stage of development — such as finishing the agenda on infectious diseases, which the government should fund fully. The Health & Wellness Centres — with their promise of comprehensive primary care — has to be accorded top most priority.
BRING BACK THE LIQUIDITY
Published on :The ability of a bank to absorb losses on its capital is compromised when its Capital Adequacy Ratio (CAR) is low. India, amongst its G-20 peers, falls on the lower side of the ratio as a proportion to risky assets.
The Triad of Health, Education and the Demographic Dividend
Published on :The state of the Indian Economy is right now best described as worrisome and the latest macroeconomic figures are anything but a reassurance. Dipping growth, shrinking core sectors, rising inflation with even higher unemployment is what in economic theory is defined to be a stagflation or recession-inflationary territory, even though […]
Harry Potter and India’s “Growth Rate” conundrum
Published on :Despite the magic, fundamental economics still applies in the wizardry world. A flip through one of the seven wonders of the Potter series will clearly project how far it is from the so-called utopian dream.
Singapore: The bellwether of Global health system?
Published on :Singapore spends only 4% of its GDP on healthcare but sets-up world-class medical institutions spending 70 % less than Canada and 50% less than the United States. Innovative cost-saving features and health savings have conveyed the small island’s motto of good governance.
Economy 2020: The Silver Lining behind the Cloud
Published on :Amidst all the hopeless possibilities, this 29th of December published a report whereby the Confederation of Indian Industry (CII) noted nascent signs of recovery in the Purchasing Managers Index (PMI) of manufacturing and services that boosted their expectations of the economy rebounding in 2020.
Unnecessary Agri-Imports of India: A Country with Diverse Crop Growing Situations
Published on :It reminds me how India became close to self-reliant in edible oil by doubling the output from 7.0 million tons of oil to nearly 14.0 million tons in no time with the launching of First Technology Mission on Oilseeds (TMO) in 1986. The simple interventions were price incentive to oilseed growers, procurement guarantee and total restriction on import of edible oils.