Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

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                            <div align="justify">-Frontline.in<br /><br /><em>The political economy of the Modi regime was characterised by a redistribution of income in favour of a few and a worsened performance in job creation, welfare and alleviating deprivation.<br /><br /></em>AT the end of its five-year term, the National Democratic Alliance (NDA) government&rsquo;s claim that the Indian economy has experienced rapid growth during its tenure sounds shallow. The gross domestic product (GDP) numbers, many observers argue, are wrong and possibly fabricated. The GDP figures have, since 2011-12, been computed using some new data sources and a changed methodology, showing the economy in much better light when compared with the series with 2004-05 as base. But the change was so drastic that the official statistical agency could not for long put out a &ldquo;back series&rdquo; that allowed comparison of performance across time. Scepticism about the GDP numbers relating to the NDA period was triggered by its complete lack of correspondence with almost all other indicators of economic performance, varying from indices of industrial and agricultural production to figures on investment and capital formation and the numbers on India&rsquo;s exports and imports.<br /><br />That scepticism turned to disbelief once it became clear that the government was willing to play with numbers to score a point. When a back series was estimated by a committee set up by the government-appointed National Statistical Commission (NSC) and released, it showed that growth was higher under the United Progressive Alliance (UPA) than during the NDA&rsquo;s rule. Soon those numbers were declared &ldquo;unofficial&rdquo; and faulty, and a new set of figures showing exactly the opposite trend was released, with NITI Aayog that has often served as a propaganda arm of the government playing a role. The doubts that this created soon led to a complete loss of credibility, as revisions of the GDP figures suggested that growth in the year after the debilitating demonetisation experiment was at a high of more than 8 per cent.<br /><br />While the growth numbers are suspect, there are multiple sets of data that suggest that income and wealth inequality have increased in this short period of five years. A book from a group of economists and social science researchers, titled A Quantum Leap in the Wrong Direction?, assessing the Narendra Modi government&rsquo;s record, provides two telling sets of numbers. First, agricultural labourers, who constitute close to half of those employed in agriculture, saw their wages rise by 3.8 per cent during the Modi years, when per capita GDP rose by 6.1 per cent. These workers clearly did not do as well as the rest. On the other hand, under UPA II agricultural wages rose faster, by 7.7 per cent, as compared with a 6 per cent growth in per capita GDP.<br /><br />Second, while the richest 10 per cent of income tax payers saw their share in total taxable income rising from 56.2 per cent in 2014-15 to 57.9 per cent in 2017-18, the share of the bottom 50 per cent in that income group fell from 17.6 per cent to 16.0 per cent. Accompanying these trends is an increase in wealth inequality. According to a Credit Suisse report, wealth inequality as measured using the Gini coefficient, which should indicate perfect equality when at zero per cent and maximum inequality when at 100 per cent, rose from 81.3 per cent in 2013 to 85.4 per cent in 2018. Whatever growth occurred benefited the richest more than the rest, and especially the very poor.<br /><br />Please <a href="https://frontline.thehindu.com/cover-story/article26642708.ece?homepage=true&amp;fbclid=IwAR0HnMVOBFMbOfDRipPESSNeMzmrs6Pz6ZZ-a4KlosEjpWnclKT_CGezJos" title="https://frontline.thehindu.com/cover-story/article26642708.ece?homepage=true&amp;fbclid=IwAR0HnMVOBFMbOfDRipPESSNeMzmrs6Pz6ZZ-a4KlosEjpWnclKT_CGezJos">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">Exercise in manipulation -CP Chandrasekhar</h1>
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                            <div align="justify">-Frontline.in<br /><br /><em>The political economy of the Modi regime was characterised by a redistribution of income in favour of a few and a worsened performance in job creation, welfare and alleviating deprivation.<br /><br /></em>AT the end of its five-year term, the National Democratic Alliance (NDA) government&rsquo;s claim that the Indian economy has experienced rapid growth during its tenure sounds shallow. The gross domestic product (GDP) numbers, many observers argue, are wrong and possibly fabricated. The GDP figures have, since 2011-12, been computed using some new data sources and a changed methodology, showing the economy in much better light when compared with the series with 2004-05 as base. But the change was so drastic that the official statistical agency could not for long put out a &ldquo;back series&rdquo; that allowed comparison of performance across time. Scepticism about the GDP numbers relating to the NDA period was triggered by its complete lack of correspondence with almost all other indicators of economic performance, varying from indices of industrial and agricultural production to figures on investment and capital formation and the numbers on India&rsquo;s exports and imports.<br /><br />That scepticism turned to disbelief once it became clear that the government was willing to play with numbers to score a point. When a back series was estimated by a committee set up by the government-appointed National Statistical Commission (NSC) and released, it showed that growth was higher under the United Progressive Alliance (UPA) than during the NDA&rsquo;s rule. Soon those numbers were declared &ldquo;unofficial&rdquo; and faulty, and a new set of figures showing exactly the opposite trend was released, with NITI Aayog that has often served as a propaganda arm of the government playing a role. The doubts that this created soon led to a complete loss of credibility, as revisions of the GDP figures suggested that growth in the year after the debilitating demonetisation experiment was at a high of more than 8 per cent.<br /><br />While the growth numbers are suspect, there are multiple sets of data that suggest that income and wealth inequality have increased in this short period of five years. A book from a group of economists and social science researchers, titled A Quantum Leap in the Wrong Direction?, assessing the Narendra Modi government&rsquo;s record, provides two telling sets of numbers. First, agricultural labourers, who constitute close to half of those employed in agriculture, saw their wages rise by 3.8 per cent during the Modi years, when per capita GDP rose by 6.1 per cent. These workers clearly did not do as well as the rest. On the other hand, under UPA II agricultural wages rose faster, by 7.7 per cent, as compared with a 6 per cent growth in per capita GDP.<br /><br />Second, while the richest 10 per cent of income tax payers saw their share in total taxable income rising from 56.2 per cent in 2014-15 to 57.9 per cent in 2017-18, the share of the bottom 50 per cent in that income group fell from 17.6 per cent to 16.0 per cent. Accompanying these trends is an increase in wealth inequality. According to a Credit Suisse report, wealth inequality as measured using the Gini coefficient, which should indicate perfect equality when at zero per cent and maximum inequality when at 100 per cent, rose from 81.3 per cent in 2013 to 85.4 per cent in 2018. Whatever growth occurred benefited the richest more than the rest, and especially the very poor.<br /><br />Please <a href="https://frontline.thehindu.com/cover-story/article26642708.ece?homepage=true&amp;fbclid=IwAR0HnMVOBFMbOfDRipPESSNeMzmrs6Pz6ZZ-a4KlosEjpWnclKT_CGezJos" title="https://frontline.thehindu.com/cover-story/article26642708.ece?homepage=true&amp;fbclid=IwAR0HnMVOBFMbOfDRipPESSNeMzmrs6Pz6ZZ-a4KlosEjpWnclKT_CGezJos">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">Exercise in manipulation -CP Chandrasekhar</h1>
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                            <div align="justify">-Frontline.in<br /><br /><em>The political economy of the Modi regime was characterised by a redistribution of income in favour of a few and a worsened performance in job creation, welfare and alleviating deprivation.<br /><br /></em>AT the end of its five-year term, the National Democratic Alliance (NDA) government&rsquo;s claim that the Indian economy has experienced rapid growth during its tenure sounds shallow. The gross domestic product (GDP) numbers, many observers argue, are wrong and possibly fabricated. The GDP figures have, since 2011-12, been computed using some new data sources and a changed methodology, showing the economy in much better light when compared with the series with 2004-05 as base. But the change was so drastic that the official statistical agency could not for long put out a &ldquo;back series&rdquo; that allowed comparison of performance across time. Scepticism about the GDP numbers relating to the NDA period was triggered by its complete lack of correspondence with almost all other indicators of economic performance, varying from indices of industrial and agricultural production to figures on investment and capital formation and the numbers on India&rsquo;s exports and imports.<br /><br />That scepticism turned to disbelief once it became clear that the government was willing to play with numbers to score a point. When a back series was estimated by a committee set up by the government-appointed National Statistical Commission (NSC) and released, it showed that growth was higher under the United Progressive Alliance (UPA) than during the NDA&rsquo;s rule. Soon those numbers were declared &ldquo;unofficial&rdquo; and faulty, and a new set of figures showing exactly the opposite trend was released, with NITI Aayog that has often served as a propaganda arm of the government playing a role. The doubts that this created soon led to a complete loss of credibility, as revisions of the GDP figures suggested that growth in the year after the debilitating demonetisation experiment was at a high of more than 8 per cent.<br /><br />While the growth numbers are suspect, there are multiple sets of data that suggest that income and wealth inequality have increased in this short period of five years. A book from a group of economists and social science researchers, titled A Quantum Leap in the Wrong Direction?, assessing the Narendra Modi government&rsquo;s record, provides two telling sets of numbers. First, agricultural labourers, who constitute close to half of those employed in agriculture, saw their wages rise by 3.8 per cent during the Modi years, when per capita GDP rose by 6.1 per cent. These workers clearly did not do as well as the rest. On the other hand, under UPA II agricultural wages rose faster, by 7.7 per cent, as compared with a 6 per cent growth in per capita GDP.<br /><br />Second, while the richest 10 per cent of income tax payers saw their share in total taxable income rising from 56.2 per cent in 2014-15 to 57.9 per cent in 2017-18, the share of the bottom 50 per cent in that income group fell from 17.6 per cent to 16.0 per cent. Accompanying these trends is an increase in wealth inequality. According to a Credit Suisse report, wealth inequality as measured using the Gini coefficient, which should indicate perfect equality when at zero per cent and maximum inequality when at 100 per cent, rose from 81.3 per cent in 2013 to 85.4 per cent in 2018. Whatever growth occurred benefited the richest more than the rest, and especially the very poor.<br /><br />Please <a href="https://frontline.thehindu.com/cover-story/article26642708.ece?homepage=true&amp;fbclid=IwAR0HnMVOBFMbOfDRipPESSNeMzmrs6Pz6ZZ-a4KlosEjpWnclKT_CGezJos" title="https://frontline.thehindu.com/cover-story/article26642708.ece?homepage=true&amp;fbclid=IwAR0HnMVOBFMbOfDRipPESSNeMzmrs6Pz6ZZ-a4KlosEjpWnclKT_CGezJos">click here</a> to read more. <br /></div>                                                           
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Exercise in manipulation -CP Chandrasekhar

Published on Mar 29, 2019   Modified on Mar 29, 2019

-Frontline.in The political economy of the Modi regime was characterised by a redistribution of income in favour of a few and a worsened performance in job creation, welfare and alleviating deprivation. AT the end of its five-year term, the National Democratic Alliance (NDA) government’s claim that the Indian economy has experienced rapid growth during its tenure sounds shallow. The gross domestic product (GDP) numbers, many observers argue, are wrong and possibly fabricated. The GDP figures have, since 2011-12, been computed using some new data sources and a changed methodology, showing the economy in much better light when compared with the series with 2004-05 as base. But the change was so drastic that the official statistical agency could not for long put out a “back series” that allowed comparison of performance across time. Scepticism about the GDP numbers relating to the NDA period was triggered by its complete lack of correspondence with almost all other indicators of economic performance, varying from indices of industrial and agricultural production to figures on investment and capital formation and the numbers on India’s exports and imports. That scepticism turned to disbelief once it became clear that the government was willing to play with numbers to score a point. When a back series was estimated by a committee set up by the government-appointed National Statistical Commission (NSC) and released, it showed that growth was higher under the United Progressive Alliance (UPA) than during the NDA’s rule. Soon those numbers were declared “unofficial” and faulty, and a new set of figures showing exactly the opposite trend was released, with NITI Aayog that has often served as a propaganda arm of the government playing a role. The doubts that this created soon led to a complete loss of credibility, as revisions of the GDP figures suggested that growth in the year after the debilitating demonetisation experiment was at a high of more than 8 per cent. While the growth numbers are suspect, there are multiple sets of data that suggest that income and wealth inequality have increased in this short period of five years. A book from a group of economists and social science researchers, titled A Quantum Leap in the Wrong Direction?, assessing the Narendra Modi government’s record, provides two telling sets of numbers. First, agricultural labourers, who constitute close to half of those employed in agriculture, saw their wages rise by 3.8 per cent during the Modi years, when per capita GDP rose by 6.1 per cent. These workers clearly did not do as well as the rest. On the other hand, under UPA II agricultural wages rose faster, by 7.7 per cent, as compared with a 6 per cent growth in per capita GDP. Second, while the richest 10 per cent of income tax payers saw their share in total taxable income rising from 56.2 per cent in 2014-15 to 57.9 per cent in 2017-18, the share of the bottom 50 per cent in that income group fell from 17.6 per cent to 16.0 per cent. Accompanying these trends is an increase in wealth inequality. According to a Credit Suisse report, wealth inequality as measured using the Gini coefficient, which should indicate perfect equality when at zero per cent and maximum inequality when at 100 per cent, rose from 81.3 per cent in 2013 to 85.4 per cent in 2018. Whatever growth occurred benefited the richest more than the rest, and especially the very poor. Please click here to read more.

Frontline.in, 12 April, 2019, https://frontline.thehindu.com/cover-story/article26642708.ece?homepage=true&fbclid=IwAR0HnMVOBFMbOfDRipPESSNeMzmrs6Pz6ZZ-a4KlosEjpWnclKT_CGezJos

Tagged with: GDP Back-series GDP estimates GDP growth Data accuracy Data quality Reliable Data

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