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DOMESTIC PHARMA MARKET TO TOUCH $130 BN BY 2030

India’s domestic pharmaceutical market, estimated at $41 billion in 2021, is likely to touch $130 billion by 2030, as per the Economic Survey 2022-23, tabled in Parliament on Tuesday. Highlighting the role of the Indian pharmaceuticals industry globally, the Survey showed the country was ranked third worldwide in terms of …

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EDUCATION IN BUDGETARY ALLOCATIONS

The budgetary allocation for education as a percentage of total expenditure has dropped over the past seven years, from 10.4% to 9.5%, the Economic Survey, 2022-23 says. While the expenditure on social services increased from ₹9,15,500 crore to ₹21,32,059 crore, the share of education within this umbrella category shrank from …

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HEALTH SPENDING INDIA

Almost half of all health spending in India is still paid by patients themselves directly at the point of treatment, though out-of-pocket expenditure has dropped as the government’s share of spending on health went up significantly after 2013-14, the Economic Survey 2022-23 says. The share of government in the total …

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STUDENT ENROLMENTS IN HIGHER STUDIES ROSE BY 7.5% IN 2020-21

The Union Education Ministry on Sunday released data from the All India Survey on Higher Education (AISHE), 2020-2021, which showed a 7.5% increase in student enrolments across the country from the 2019-20 figures, with the total enrolments reaching 4.13 crore. The survey revealed that in 2020-21, when the COVID-19 pandemic …

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IRULA COMMUNITY OF TAMIL NADU

Two snake catching experts from the Irula community — Vadivel Gopal and Masi Sadaiyan — were chosen to be honoured with the Padma Shri awards on Wednesday. Lakshmanan highlights the plight of the Scheduled Tribe communities in Tamil Nadu and the need for some remedies in the article dated November …

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URBAN UNEMPLOYMENT

Ravi Verma, hired by an electrical parts manufacturing firm early last year as India’s economy surged, was fired in November when the company lost several export orders. He has since remained unemployed, unable to pay back a ₹1 lakh loan he took to buy a two-wheeler. Verma is among thousands …

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GOOGLE AXES 12,000 JOBS OR 6% OF ITS WORKFORCE

Google is laying off 12,000 workers, or about 6% of its workforce, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 pandemic ebbs. Sundar Pichai, the CEO of Google’s parent Alphabet, informed staff Friday at the Silicon Valley giant about …

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ANNUAL STATUS OF EDUCATION REPORT (ASER) REPORT FOR 2022

After a gap of four years, the Annual Status of Education Report (ASER) report for 2022 was recently released in New Delhi. This nationwide household survey that covers all rural districts in the country generates estimates for schooling and basic learning for every State in India. Data from 2018 and …

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ASER 2022 REPORT

The ASER 2022 report shows that government schools saw a sharp rise in enrolment for the first time in 16 years; basic literacy levels of children have taken a big hit, with their reading ability, as compared with numeracy skills, worsening much more sharply and dropping to pre-2012 levels As …

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CHCS FACE 80% SHORTFALL OF SPECIALISTS DOCTORS

India is reeling under an acute shortage of specialist doctors, with a shortfall of nearly 80% of the required specialists at Community Health Centres (CHCs), reveals the Rural Health Statistics report published by the Union Health and Family Welfare Ministry on Thursday. The CHCs are 30-bed block-level health facilities which …

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