How money was spent is more important than how much was spent: Prof. Shamika Ravi
Friday - August 6, 2021 10:09 pm ,
Category : BHOPAL
.jpg)
Lecture Series at Institute of Good Governance ‘Effective Change - Sustainable Results’
Bhopal 06 August 2021: How money is spent is more important than how much money is spent. The US spends 18 per cent of GDP while Singapore spends only 4 per cent on healthcare, but the health indices are almost the same. Senior Fellow Brookings Institution Washington DC Prof. Shamika Ravi said this in her lecture on ‘The Promise of Social Enterprises in Indian Growth and Development’ in the lecture series ‘Effective Change-Sustainable Results’ at Atal Behari Vajpayee Institute of Good Governance and Policy Analysis.
Better work done in vaccination
Prof. Shamika Ravi said that social enterprises provide services only to the people of low and middle income group of cities. Social enterprises should be used better in states like Madhya Pradesh to improve health services. She said that compared to other states, better work related to Covid-19 vaccination has been done in Madhya Pradesh. Similarly, if work is done in other sectors also, development will get momentum. Prof. Ravi said that cities act as engines of growth in any country. Giving information about the per capita income, he said that the per capita income of Punjab and Nagaland is almost the same. Prof. Ravi said that the market should be available for the material produced by the farmers. Better management of natural resources is essential for profitable farming.
Real time data required
Prof. Ravi said that real time data is essential for development plans. She informed that the formation of Gramin Bank in Bangladesh and Self-Help Groups in Andhra Pradesh started simultaneously. She also answered the queries of the audience.
Vice-President of the Institute of Good Governance Prof. Sachin Chaturvedi said that a model of entrepreneurship based development which is not dependent only on government grants will have to be created. He said that a roadmap for development should be made through self-help groups and cooperative societies. Prof. Chaturvedi said that we are constantly in touch with civil society organizations. He also told about the Khushi Baby organization of Rajasthan. Prof. Chaturvedi also stated the need for proper utilization of C.S.R. funding. Meanwhile Adjunct Fellow R.I.S. Delhi Dr. Amitabh Kundu, CEO of Institute of Good Governance Shriman Shukla, Director Girish Sharma and Advisor were present – Window to News
