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Business Economy


Health Min proposes to Finance Commission for untied funds to help in funding gaps

New Delhi, Jan 14 (UNI) The Department of Health and Family Welfare on Tuesday proposed to the 15th Finance Commission for untied funds to help in funding gaps in Primary Health care in the States.
This, they said, would help States with significant funding needs and health lag to get more funds and priorities spending on health.
The 15th Finance Commission received a presentation on India’s Health Sector.
In a presentation given by Health & Family Welfare Secretary Preeti Sudan and Niti Aayog Member Dr V K Paul, Member, in the meeting here where Commission Chairman N K Singh was present, the Ministry asked for performance based incentives – a Composite Health Index to be utilized to encourage States to demonstrate performance on year on year basis.
The Ministry proposed a collaborative multi-sectoral non-ministerial approach by incorporating health impact considerations into the Government’s decision making process – Health in All Policies.
The Ministry projected the requirement of funds for a primary care for the purpose of addressing shortfall in infrastructure, health care professionals, supporting AB-HWCs, National Ambulance Service, and Funds for Medicines and Diagnostics. For a 5 year period, total of Rs 5,38,305.38 crores fund has been projected.
The Commission has asked the Ministry to come up with revised proposals on the optimum utilization of finances in respect of sectors specific grants.
UNI RSA ADG 1941
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Agro-based infra can drive farm sector towards  dynamic system: CII

Agro-based infra can drive farm sector towards dynamic system: CII

19 Jan 2020 | 7:04 PM

New Delhi, Jan 19 (UNI) The agro-specific infrastructure has the potential to drive the agriculture sector towards a modern and dynamic farming system, business chamber CII has said and it also recommended investment towards establishment of an Independent Quality Control Management Authority for all testing requirements related to seeds and fertilizers.

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Now, social media campaign on budgetary terms using hashtag  '#ArthShastri'

Now, social media campaign on budgetary terms using hashtag '#ArthShastri'

19 Jan 2020 | 7:00 PM

New Delhi, Jan 19 (UNI) Days before the presentation of the Budget 2020-21, the Union Finance Ministry is now set to start a unique social media campaign explaining several economic terms to the commoners from January 22.

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UK-based EV charging solutions provider company EO starts first free point in Gujarat

UK-based EV charging solutions provider company EO starts first free point in Gujarat

19 Jan 2020 | 6:57 PM

Ahmedabad, Jan 19 (UNI) UK-based Electric Vehicle (EV) charging solutions provider company EO Charging on Sunday launched it's first free electric vehicle charging point in this most populous city of Gujarat and said that it has planned to set up around 300 such points across the western state by March, 2022.

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More than half of world GDP dependent on nature

19 Jan 2020 | 5:55 PM

New Delhi, Jan 19 (UNI) An approximately $44 trillion of economic value generation, or over half the world’s total Gross Domestic Product, is moderately or highly dependent on nature, reveals a new report, adding that construction, agriculture, and food and beverages are the largest highly nature-dependent industries.

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Govt should increase R&D, offer incentives to energy-efficient manufacturing: CEAMA

Govt should increase R&D, offer incentives to energy-efficient manufacturing: CEAMA

19 Jan 2020 | 8:03 AM

New Delhi, Jan 19 (UNI) To accelerate the demand for durable consumer goods including television, fridge, washing machine and air conditioners, the electronics industry has suggested the government should scale up research and development to take the country to the path of rapid growth and additionally offer incentives to manufacturers to produce energy-efficient products, in line with the government's focus on sustainability.

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