324 research outputs found

    The impact of macroeconomic policies on the growth of public health expenditure: An empirical assessment from the Indian states

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    The impact assessment of macroeconomic policies on public health expenditure is very relevant in Indian economy because of tax reform, fiscal consoli- dation, and expenditure policy reform. These have been undertaken after economic liberalization in order to sustain a high economic growth. Despite the several fis- cal policy initiatives, there is a persistent slowing down of growth in public health expenditure and a huge disparity in the allocation of budget toward health care among the Indian states. Using the period 1990-2014, the study examines the dynamic relationships between public health expenditure and macroeconomic fac- tors (economic growth, domestic revenue, domestic debt, fiscal balance, and central government transfer) of 15 major states of India. Our empirical result shows that state's revenue (i.e. tax revenue and indirect tax) and central transfer (i.e. tax devo- lution) are the major public providers for financing the health care of Indian states. Other sources of revenue of the government, namely non-tax revenue and direct tax show no impact on public health expenditure in the short run, while it shows a positive impact in the long run. As a consequence, we find that economic growth and fiscal balance lead to a favorable impact on public health expenditure in the long run. The result suggests the improvement in revenue collection, increase in the tax base and the efficient utilization of central grants would generate fiscal space in the economy, and thereby the government can allocate more funds toward public health care

    MEASURING SOCIO-ECONOMIC PROGRESS IN INDIA: ISSUES AND CHALLENGES

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    One of the challenges to the National Statistical Systems worldwide is to capturethe indicators of socio-economic progress from the current available framework. The limitsof traditional indicators provide little insights about the extent of well being realised in thesociety, since there is no automatic link between growth and development which aims atimproving human and social welfare. Therefore, different countries had tried variousapproaches to measure their progress of the society. India’s experience with measuringprogress in the society ranges from computation of composite index to adoption of adevelopment strategy that emphasises human welfare and well-being of the society ascentral to all development planning. In this connection, this paper limits its scope to some ofthe challenges and possibilities in the Indian system for developing the indicators of socialprogress

    Measuring socio-economic progress in India: Issues and challenges

    No full text
    One of the challenges to the National Statistical Systems worldwide is to capturethe indicators of socio-economic progress from the current available framework. The limitsof traditional indicators provide little insights about the extent of well being realised in thesociety, since there is no automatic link between growth and development which aims atimproving human and social welfare. Therefore, different countries had tried variousapproaches to measure their progress of the society. India’s experience with measuringprogress in the society ranges from computation of composite index to adoption of adevelopment strategy that emphasises human welfare and well-being of the society ascentral to all development planning. In this connection, this paper limits its scope to some ofthe challenges and possibilities in the Indian system for developing the indicators of socialprogress

    Farmer's Participation in Contract Farming in India: A Study of Bihar

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    Promotion of contract farming is to uplift farmers by providing better services while linking with market. Thus, this paper is empirically identifying the factors that influence farmers to participate in the cooperative (producer’s organization) led contract farming and their intensity of participation from Bihar in India by surveying 350 contract and 250 non-contract households. By using Logistic model for farmer’s decision to engage in contract farming, it is found that participation in contracts is mainly driven by the landholding size, area under irrigation, availability of workforce in the household and distance to market. Surprisingly, it is observed that households with more number of male population are less likely to participate in contract farming while it is opposite when it comes to female labour force

    Investigation in to Mechanical and Tribological Behavior of Pistachio Shell Powder (Pistacia Vera) Reinforced Epoxy Composite

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    In my present investigation on pistachio shell powder filled epoxy composite with filler content from 5wt. % to 20 wt. % were developed required to improve the tribological and mechanical properties of epoxy. Tensile strength and impact strength were calculated experimentally. Tribological wear test were performed utilising pin-on-disc machine. Composites having 5wt. %, 10wt. %, 15wt. %, and 20wt. % of pistachio shell powder filled epoxy was developed in the laboratories with the help of a self-designed mould. All Tests were conducted accordance to ASTM standards. It has been discovered that as the percentage of filler material increases from 5wt. % to 20wt. %, the mechanical and tribological behaviour of composite becomes superior. The improvement of these properties is due to robust adhesion between the pistachio shell powder and epoxy which may have aroused due to development of an interphase among the rubber wood powder and epoxy-matrix
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