# Health spending

• How well states do on health indices does not seem to be directly corelated to how much they spend per capita on healthcare.
• For instance, J&k had indicators nearly as good as those of Kerala, Himachal Or Maharashtra with less than half the spending and Tamil Nadu too achieved similar outcomes with much lower expenditures.
• States with the least per capita spend – Bihar, MP and Assam in that order, have very poor health indices, which underlines that spending is necessary.
• However, Bihar does better on most indices than many States with higher levels of spendings, showing that spending alone is not sufficient.
• This data was culled out of the recently released National health accounts for 2018-19.

# Army day parade

• After the IAF day fly-past, the annual army day parade on January 15 is also being shifted out of Delhi in keeping with the Modi government’s directive to take major events out of the National capital Region (NCR) to different parts of the country.
• The army day parade on January 15 next year will be held in the area of responsibility of the southern command, which has its headquarters in Pune.
• The city’s under the Army’s Southern command range from Bengaluru, Thiruvananthapuram, Secundrabad and Hyderabad to pune, Jhansi, Bhopal and Ahmedabad.

# Adani

• Billionaire Gautam Adani’s ascent to rank as the World’s second richest person has helped fuel a world beating jump in the country’s stocks bolstered their clout among emerging equities.
• Eight firms controlled by Adani’s port to power Conglomerate, including recent cement acquisitions, have contributed more than a fifth of the 109 member MSCI India index’s surge since end june.
• Adani group plans to double annual cement making capacity by 2027.

# Windfall tax

• The oil ministry has sought a review of a two and a half months old windfall profit tax on domestically produced crude oil.
• The ministry in sought exemption for fields or blocks which were bid out to companies under production sharing contract and revenue sharing contract from the new levy.