Navigation Links
HIV/AIDS Epidemic to Cause Adverse Effects to Indian Economy

The increasingly unchecked spread of the HIV/AIDS epidemic could affect the Indian economy adversely in the coming years according to a report on the Macroeconomic// and Sectoral Impacts of HIV/AIDS.

The study was conducted by the National Council of Applied Economic Research (NCAER) and supported by the the United Nations Development Programme (UNDP) and National AIDS Control Organisation (NACO).

The report was based on a Computable General Equilibrium analysis of the expected impact of the epidemic between 2002-03 and 2015-16. According to the report an unchecked spread of the epidemic in India would cause the economic growth of the country in the next 10-15 years to be less than its potential.

The report notes, "Economic growth could decline by 0.86 percentage points over the period and per capita gross domestic product (GDP) by 0.55 percentage points. According to the model projections, the GDP at 2002-03 prices would decline in 2015-16 by Rs.11,097.93 billion. The GDP per capita (at 2002-2003 prices), according to projections made using the CGE model, would decline in 2015-16 by Rs. 7610.61."

The increased expenditure towards health by government by about 5 percent and households by 10 percent causing a fall in their savings, leaving no room for investment and causing a slowing down of growth. The report estimates that investment as a part of GDP is expected to fall by 1.16 per cent, Government savings as by 0.67 percentage points and household savings by 1.15 percentage points.

Labor supply is predicted to fall by 0.31 percentage points over the next 14 years with unskilled labor declining by 0.35 percent and skilled labor by 0.22 percent.

In addition there will be lower labor productivity of HIV-affected workers as well as a decline in sectoral total factor productivity growth rates. Inevitably there will by impoverishment with the real wage rate falling by 0.10 percentage points of which unskilled labor wages would suffer the most.

Total incomes of HIV affected households could decrease by 9.24 percent following morbidity or death due to HIV and AIDS which would lead to reduced savings and investment causing a deleterious impact on the economy as a whole.

Further loss of earnings due to leave or absence from work could have a still more negative impact on consumption and savings, leading to a whole range of second rung impacts.


'"/>




Related medicine news :

1. Optimum Timing for HIV/AIDS Prognosis
2. Estimates For Number Of HIV/AIDS Deaths In India Still Not Available
3. Testing For HIV/AIDS Compulsory For New Military Recruits
4. HIV/AIDS - May push Back the Tide of Progress in India
5. Indian Olympic Association And UNICEF To Collaborate On HIV/AIDS Awareness
6. Indian Minister wanted Media to Propaganda HIV/AIDS awareness
7. Relief for HIV/AIDS patients: ART therapy now available in India
8. Conditions Of The HIV/AIDS Patients In The Mizo Society
9. Liberia in safe hands with respect to HIV/AIDS
10. Men queue up for Circumcision In Swaziland To Prevent HIV/AIDS
11. HIV/AIDS Throws Family Relationships Out Of Gear In Uganda
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:6/25/2016)... ... 25, 2016 , ... First Choice Emergency Room , the largest network ... the Medical Director of its new Mesquite-Samuell Farm facility. , “We are pleased ... location,” said Dr. James M. Muzzarelli, Executive Medical Director of First Choice Emergency Room. ...
(Date:6/25/2016)... ... , ... On Friday, June 10, Van Mitchell, Secretary of the Maryland Department ... in recognition of their exemplary accomplishments in worksite health promotion. , The Wellness at ... Wellness Symposium at the BWI Marriott in Linthicum Heights. iHire was one of 42 ...
(Date:6/24/2016)... ... 2016 , ... Those who have experienced traumatic events may suffer from a ... such as drug or alcohol abuse, as a coping mechanism. To avoid this pain ... following a traumatic event. , Trauma sufferers tend to feel a range of emotions, ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... Sessions in Dallas that it will receive two significant new grants to support ... as PHA marked its 25th anniversary by recognizing patients, medical professionals and scientists ...
(Date:6/24/2016)... Diego, CA (PRWEB) , ... June 24, 2016 , ... ... with the American Cancer Society and the Road To Recovery® program to drive cancer ... to seniors and other adults to ensure the highest quality of life and ongoing ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... , June 24, 2016 Dehaier Medical ... the "Company"), which develops, markets and sells medical devices ... , signed a strategic cooperation agreement with Hongyuan ... "Hongyuan Supply Chain") on June 20, 2016, to develop ... the strategic cooperation agreement, Dehaier will leverage Hongyuan Supply ...
(Date:6/24/2016)... LEXINGTON, Mass. , June 24, 2016   ... specialty pharmaceutical company developing innovative inhaled drugs, announced today ... when Russell Investments reconstituted its comprehensive set ... 2016. "This is an important milestone for ... "It will increase shareholder awareness of our progress in ...
(Date:6/23/2016)... , June 23, 2016 Research ... Devices Global Market - Forecast to 2022" report to ... the treatment method for the patients with kidney failure, it ... excess fluid from the patient,s blood and thus the treatment ... potassium and chloride in balance. Increasing number ...
Breaking Medicine Technology: