Higher social spending cuts health costs, boosts school enrolment: Survey

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Higher social spending cuts health costs, boosts school enrolment: Survey - Business Standard

Quick Summary:

The rise in social services expenditure (SSE), which has been increasing since 2016-17, has not only led to lower out-of-pocket expenditure (OOPE) for healthcare but has also resulted in better school enrolment, accompanied by a decline in dropout rates, according to the latest Economic Survey.

In terms of geographical distribution, the survey states that 51 per cent of all undergraduate (UG) medical seats and 49 per cent of postgraduate (PG) seats are concentrated in the southern states.

AI-powered personal tutors could enhance learning by offering resource guidance, career counselling, and problem-solving strategies."The government is envisioning and developing e-learning through digital pedagogy as a long-term strategy for the education sector," the survey stated.RBI to cut rates to 6.