Navigation Links
HIV Epidemic Can Slow Down Economic Growth: UNDP

In absence of an AIDS policy action, the potential economic cost of HIV epidemic could be substantial, says a new UN Development Programme (UNDP) report.//

"The potential costs to the economy arising from the continued and unchecked march of the HIV epidemic could be quite high," according to the report released here Thursday, based on a study in India by the National Council of Applied Economic Research (NCAER) with the support of state-run National AIDS Control Organisation (NACO) and the UNDP.

India has an estimated 5.21 million HIV positive people, second highest after South Africa. The government is in the process of revamping its HIV/AIDS control and awareness programme while striving to ramp up the treatment programme in an effort to improve the life of the infected people.

Examining the likely impact over a 14-year period till 2015-16 if steps are not taken to check the spread of the epidemic, the study 'The Macroeconomic and Sectoral Impacts of HIV and AIDS in India' states: "Economic growth could decline by 0.86 percentage points over the period and per capita gross domestic product (GDP) by 0.55 percentage points."

The slowdown in economic growth is expected to be a fallout of increase in health spending by both households and the government, leading to a fall in savings rate and thereby crowding out investment in infrastructure and social development sectors.

The study estimates government savings as percentage of GDP are likely to fall by 0.67 percentage points, household savings by 1.15 percentage points and investment by 1.16 percent.

"It is time to see policy action against AIDS as a growth-enhancing policy endeavour and first and foremost, dedicate adequate resources for this purpose," the report urges.

The major impact of HIV epidemic is expected on the labour front with AIDS related deaths and poor health of HIV infected people impacting supply of both skilled and unskilled workf orce.

"Under the impact of AIDS, poverty will inevitably increase since the real wages for unskilled labour will fall the most among the three labour groups - skilled, semi-skilled and unskilled."

The epidemic hits the sectors that used unskilled labour intensively harder, the study notes, with the tourism sub-sector of the services sector suffering the highest loss in value-added - 18.31 percent - by 2015-16.

Within industry, five segments have been identified as particularly vulnerable: construction, chemicals, mining and quarrying, capital goods and textiles.

The manufacturing sector comes second with a 12.48 percent fall in value-added, followed by the services sector, which will lose 10.13 percent in value-added. Agriculture is affected to the extent of 9.08 percentage points in value-added.

(Source: IANS)
'"/>




Related medicine news :

1. WHO Issues Caution Against Bird Flu Epidemic
2. Obesity And Expanding Waistlines the next Epidemic in USA
3. ‘No Epidemic Risk in Mumbai’ Assures Health Ministe
4. Mumbai Alert: Possibility Of An Epidemic Outbreak
5. Epidemic Fear In Mumbai Mounting Post-Floods
6. Dengue Epidemic in West Bengal: Over 1000 New Cases and 15 dead
7. HIV Virus Emerging Drug Resistant In UK, Prompting Fear Of A Second Epidemic
8. Fear Of Dengue Epidemic Looms Large: Fever Kills Five in Pakistan
9. UK Committee Warns on Food Shortages Due to Flu Epidemic
10. Minister claims Chinas Epidemic Control System Improved
11. Detecting Epidemics using statistics
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:4/21/2017)... (PRWEB) , ... April 21, 2017 , ... Brady ... announced that its B-595 and B-7569 vinyl label materials received ... and warning labels are tested to remain intact and legible, for use on chemical ...
(Date:4/21/2017)... Portland, Maine (PRWEB) , ... April 21, 2017 ... ... agency, today announced it’s been named Agency of Record (AOR) for Theravent, ... reduce or eliminate snoring. Theravent’s parent company, Foundation Consumer Healthcare, is now working ...
(Date:4/21/2017)... ... April 21, 2017 , ... ... exciting new partnership with the highly regarded and well renowned Asian distributor, Discovery ... myTAP & myTAP PAP Nasal Pillow Mask, and will stabilize and strengthen Airway’s ...
(Date:4/21/2017)... ... April 21, 2017 , ... BrightStar Care Salt Lake City, a home care ... Utah (APCUT) and has appointed Rex Wheeler as its new Director of Business Development. ... agency and our ability to provide quality care to the community,” said Tammara Brown, ...
(Date:4/21/2017)... ... April 21, 2017 , ... Federal mandate, fines, controversy, ... between the Obamacare program that most Republicans love to hate and Texas Agriculture ... kill hogs. , Like Obamacare, the Miller program centers upon a federal ...
Breaking Medicine News(10 mins):
(Date:4/20/2017)... Research and Markets has announced the addition of ... By Service (Manufacturing, Research), By Country, (Brazil, Mexico, Colombia, Argentina, ... to their offering. ... The Latin American pharmaceutical contract manufacturing services market is anticipated ... drug registration cost in Latin American countries and continuous economic ...
(Date:4/19/2017)... , April 19, 2017 Cardiology devices segment ... projected period The Cardiology Devices segment is likely ... US$ 15 Mn in 2018 over 2017. By the end ... market valuation close to US$ 700 Mn, expanding at a ... segment dominated the Asia Pacific reprocessed ...
(Date:4/19/2017)...  IRIDEX Corporation (Nasdaq: IRIX ) today ... first quarter 2017 after the close of trading on ... host a corresponding conference call beginning at 2:30 p.m. ... in listening to the conference call may do so ... 326-3030 for international callers, using conference ID: 92158987.  A ...
Breaking Medicine Technology: