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:5/29/2016)... ... , ... "With 30 unique self-animating web themed intros and complete control over ... said Christina Austin - CEO of Pixel Film Studios. , ProIntro Web Volume ... Final Cut Pro X. Pixel Film Studios’ minimalistic titles allow users to add a ...
(Date:5/28/2016)... ... May 28, 2016 , ... "Color Grading media can be time ... preset onto their media," said Christina Austin - CEO of Pixel Film Studios. ... and easily add stylish color grades to their footage. A LUT is a Lookup ...
(Date:5/28/2016)... ... May 28, 2016 , ... After a year and a half of planning the Multiple ... The Multiple Pathways of Recovery Conference was held May 2 -4, 2016 at the ... United Kingdom came together to explore the many pathways individuals use to get into and ...
(Date:5/27/2016)... ... 2016 , ... More than a third of American adults are considered obese, ... has received increased attention in recent years, as an article published May ... loss, most people are familiar with the basic requirements of maintaining a healthy diet ...
(Date:5/27/2016)... ... May 27, 2016 , ... Two director-level employees of Horizon ... to Women and Industry (TWIN) 2016 honorees. The award recognizes businesswomen who excel ... year, Geri Boone, Director of the MLTSS (Managed Long-Term Services and Supports) Program at ...
Breaking Medicine News(10 mins):
(Date:5/30/2016)... 2016 - DCGI grants limited approval to ... disease - Stempeucel® becomes 5th off-the-shelf Stem cell product ... - Buerger,s Disease (also known as Thromboangiitis Obliterans) is ... and Globally - Prevalence of Buerger,s Disease is estimated ... per 10,000 persons in the European Community & USA ...
(Date:5/27/2016)... study highlights the necessity of health literacy within the technology advancement of diagnostic imaging. According ... , a majority of oncology patients undergo imaging screenings without understanding the nuanced risks ... ... ... Medical Diagnostic Imaging Ampronix ...
(Date:5/27/2016)... , May 27, 2016 ... innovative biopharma company focused on the highly lucrative ... a substantial pipeline of potential first-in-class or best-in-class ... are in development with strategic partners. HCM,s profitable ... fast-growing domestic market. We expect progress of the ...
Breaking Medicine Technology: