The move helped RBI attract bids worth $18.65 billion for the auction, from which, it accepted 5 offers. The bids were accepted at a premium of Rs 8.38, which is higher than Rs 7.76 in the first auction carried in March 2019.
Our government spends less than 1.5 percent of the GDP on public healthcare, therefore 70 per cent healthcare expenses are met by individual’s own pocket. Due to this 7 per cent Indians are pushed into poverty every year.
India is going to be home to the world’s largest workforce by 2017, Puri said. Therefore, there is a need for providing proper education and skill to them or else there would arise enormous problems in the country.