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Impavid Bulletin

economy

During the same time period, out-of-pocket spending as a percentage of total health spending fell from 48.8 to 48.2. Nevertheless, when tried to compare to 2013-14 figures, out-of-pocket health expenditure lowered by 16 percentage points from 64.2 percent. Out-of-pocket expenses are expenses incurred directly by households at the time of receiving healthcare. This reflects the level of financial protection available to families for medical costs.

Domestic consumption is making a strong comeback, traditionally one of the main drivers of India's economic growth. This is great news for businesses of all sizes. Simply put, when consumers spend more, businesses have more capital to invest in, and increased liquidity throughout the system energises complementary sectors and higher-end goods and services.

"Data means money. Data can be monetised. Therefore, data is significant value to business but at the same time, we will have to have regulations in place, primarily have laws in place, followed by regulations in place, which ensures that customer data is not only safe, that customers privacy is not only protected but the monetisation of customer data is done in a responsible manner," he said.

The board of directors of government-run Power Finance Corporation (PFC) in its meeting held on August 12, 2022, approved an interim dividend of Rs 2.25 per equity share of the face value of Rs 10 each for 2022-23.

The rolled out number can be attributed to decline in average prices of edible oils in August, reflecting the transmission of the import duty cut by the government as well as the ongoing downtrend in global prices. Some of the key constituents of the Indian staple diet including pulses, rice and wheat witnessed an increase in their average prices on the back of record heatwave and squeezing household budgets.

India, the world's biggest exporter of the grain, banned shipments of broken rice and imposed a 20% duty on exports of various other types on Thursday as the country tries to boost supplies and calm prices after below-average monsoon rainfall curtailed planting.

Centre has imposed a 20% duty on exports of certain categories of rice along with a ban on exports of broken rice in order to cool domestic prices as it fights inflation and poor sowing due to uneven rainfall.

“The ATMS are being installed on all newly constructed highways and existing four plus lane highways to provide seamless and safe traffic operation,” Gadkari said adding that the Ministry aims to implement ITS on 15,000 kilometres of national highway by 2024 to strengthen road safety.