State Health Budgets Rose 21%, Year Before Delhi’s Cutbacks

  Amid criticism, central funding of national health programmes was cut 15% in the union health budget of 2015-16, but state health budgets–taken together–had already risen 21% the previous year, according to an IndiaSpend analysis of government data released in October 2015.   However, this increase is not uniform across states, indicating that states–especially smaller … Continued

55% Rise In Funds To States, But They Aren’t Ready

  Tax money transferred without conditions from Delhi to India’s states rose 55% in 2015-16–breaking a 68-year tradition of Central control–but from early indications, states were unprepared for this Rs 5.24 lakh crore ($ 831.7 billion) bonanza, a new paper has said.   The flood of money is a result of “devolution”–a recommendation made in … Continued

55% Rise In Funds To States, But They Aren't Ready

  Tax money transferred without conditions from Delhi to India’s states rose 55% in 2015-16–breaking a 68-year tradition of Central control–but from early indications, states were unprepared for this Rs 5.24 lakh crore ($ 831.7 billion) bonanza, a new paper has said.   The flood of money is a result of “devolution”–a recommendation made in … Continued

5.5 Million Indians Being Trained, 231 Million Need Skills

  As many as 5.5 million people are currently enrolled in skilling courses and 2.4 million youth have been placed in jobs as skilled workers since April 2015, according to data released by the government.   With 231 million Indians aged between 15 and 24, according to the latest census, there should–theoretically–be no labour shortages for … Continued

With Economic Jitters, Gold Imports Surge 85%

  India’s gold imports surged 85% in January 2016, indicating how, as stock markets decline and some economic indicators worsen in the run up to Finance Minister Arun Jaitley’s third budget, Indians are falling back on a traditional mode of holding wealth.   It is reasonably clear that Indians, who hold around 20,000 tonnes of … Continued