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Dr. Nupur Pavan Bang
New Delhi, January 25, 2017
India has one of the lowest health expenditure ratios in the world in terms of the government spending on health as a percent of GDP. This is lower than that of the low income countries as well. India is a lower middle income country as per the World Bank classification.
Nupur Pavan Bang
January 20, 2017
"Income tax returns are the most imaginative fiction being written today."-Herman Wouk, a Pulitzer Prize winning American author, who is more than 100 years old now. We know that this quotation is quite apt for India. Prime Minister Narendra Modi said in his address to the nation on December 31st 2016 that only about 24 lakh people declare income more than Rs. 10 lakh in India. "Can we digest this? Look at the big bungalows and big cars around you. If we look at any big city, it would have lakhs of people with annual income of more than 10 lakh", he said.
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