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:7/25/2017)... ... July 25, 2017 , ... Dr. Donna Bergman, professor of ... and published an article in the medical science journal Physical Medicine and Rehabilitation ... article and the research that helped produce it, were written and conducted in ...
(Date:7/25/2017)... (PRWEB) , ... July 25, 2017 , ... ... Winner for its Product Innovation in the prestigious CEO World Awards®. The coveted ... performance, new products and services, CEO case studies, corporate social responsibility, and milestones ...
(Date:7/24/2017)... , ... July 24, 2017 , ... Cheerag D. ... Saint Luke’s Marion Bloch Neuroscience Institute (SLMBNI), part of Saint Luke’s Health ... 2016. , Cheerag D. Upadhyaya, MD. M.Sc., FAANS joins Stanley P. Fisher, ...
(Date:7/24/2017)... ... July 24, 2017 , ... Horizon Goodwill Industries, ... opportunity that helps high school girls succeed in STEM programs as well as ... Goodwill will host over 20 high school girls at their corporate headquarters on ...
(Date:7/24/2017)... , ... July 24, 2017 , ... Every year, thousands ... and educational conference, InstructureCon. Each annual event is coupled with a dynamic theme like ... a James Bond theme, Mission: InstructureCon 0017. , To extend their partnership with ...
Breaking Medicine News(10 mins):
(Date:7/6/2017)... , July 6, 2017 ThriveRx, the nutrition division of ... their families to thrive on nutrition support. To celebrate its ... new site has a fresh new look with improved organization to create ... ... ...
(Date:7/5/2017)... -- Oramed Pharmaceuticals Inc. (NASDAQ: ORMP ... pharmaceutical company focused on the development of oral drug delivery ... Israel Securities Authority to dual-list its common stock on the ... trading on the TASE on July 12, 2017 under the ... Company, it is expected that Oramed will be included in ...
(Date:7/5/2017)... 2017   BioLife Solutions , Inc. (NASDAQ: ... of proprietary clinical grade cell and tissue hypothermic ... today announced that it has reached an agreement with ... shareholder, to modify its existing credit facility effective June ... WAVI agreed to exchange its existing $4.25 million credit ...
Breaking Medicine Technology: