Chennai: G Ramesh* was 12 when he first accompanied his father to a construction site in Tamil Nadu in 1994. He spent the day carrying stone and bricks, fetching equipment and cleaning cement containe...
Tamil Nadu Chief Minister Jayalalithaa wants to be Prime Minister. “From Fort St George (the legislative assembly of Tamil Nadu) to Red Fort” is the slogan for the All India Anna Dravida Munnetra Kazhagam (AIADMK) 2014 Lok Sabha campaign. “First Tamil Prime Minister” hoarding signs litter the entire stretch of Radhakrishnan Salai in Chennai, … Continued
Highlights * 40% hospitalised patients get free medicines in Tamil Nadu. * Tamil Nadu has increased per capita spending on drugs. * 39 million Indians are driven to poverty every year because of ill-health. Drug procurement in India’s public healthcare system is severely underfunded. Two stark statistics in the World Health Statistics Report 2012, … Continued
A major grid power failure in India’s Northern Grid late Sunday (July 29, 2012) night affected at least 7 states badly. This in turn crippled services across the region, including the Railways. IndiaSpend’s Sourjya Bhowmick does a quick demand-supply report and finds that other regions of India, notably, the South, face similar peaking power gaps. … Continued
Do stretch goals and 10-year growth targets work when set by the states of India? Some would argue that the setting of a vision and a target for spending itself is a start. The cynics would say bigger promises don’t mean corresponding delivery. IndiaSpend’s Dhritiman Gupta looked at the ambitious Vision Tamil Nadu 2023 … Continued
It’s not exactly breaking news but a closer look at how various Indian states are managing their budgets is insightful. IndiaSpend’s Dhritiman Gupta finds that many Indian states spend more than what they earn, hence consistently running deficits on the revenue account, which then have to be financed by loans. The states can … Continued
Debt is not bad. Many firms raise large chunks of it in their growth and expansion phases. Some ease out of it with time. Others struggle. But while the stakeholders – banks, financial markets and shareholders – can technically put pressure on a firm to course-correct, it’s not the same or as simple with the … Continued
India’s southern state of Tamil Nadu has been a pioneer of sorts in entertaining its voters, by giving away free television sets. The last scheme, initiated by the then ruling DMK party, started in 2006 and aimed to distribute some 15 million colour television sets to as many households. It now turns out that the … Continued