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\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')) {

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                            <div align="justify">-BusinessToday.com<br /><br /><em>According to the Ministry of Corporate Affairs (MCA) there are around 9 lakh active companies are registered with the MCA after over 3.3 lakh companies were de-registered in two phases over 2017 and 2018<br /></em><br />The National Sample Survey Office (NSSO) has found many holes in MCA-21 data used for GDP calculation, hinting that it probably overestimates the GDP. The former Chief Statistician of India Pronab Sen, though, has a completely different view on the issue.<br /><br />After a business daily reported, quoting the study conducted by the NSSO, that 36 per cent of companies that are part of MCA-21 database of companies and are used in India's GDP calculations could not be traced or were wrongly classified, question have been raised in the Central Statistics Office (CSO) has been over-estimating the GDP.<br /><br />Pronab Sen has a very different take on this. He says that if you leave out shell companies, you would be under-estimating the GDP seriously for the very simple reason that wealth creation is going on in the parent company but it is showing up in the books of shell companies.<br /><br />Please <a href="https://www.businesstoday.in/top-story/leaving-out-shell-companies-would-seriously-underestimate-gdp-former-chief-statistician/story/344601.html?fbclid=IwAR1f_d7F3M6X2wDkEw8UjzOybohml02yGku1HbHpy_4N90nRagT7QZZGszM" title="https://www.businesstoday.in/top-story/leaving-out-shell-companies-would-seriously-underestimate-gdp-former-chief-statistician/story/344601.html?fbclid=IwAR1f_d7F3M6X2wDkEw8UjzOybohml02yGku1HbHpy_4N90nRagT7QZZGszM">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-BusinessToday.com<br /><br /><em>According to the Ministry of Corporate Affairs (MCA) there are around 9 lakh active companies are registered with the MCA after over 3.3 lakh companies were de-registered in two phases over 2017 and 2018<br /></em><br />The National Sample Survey Office (NSSO) has found many holes in MCA-21 data used for GDP calculation, hinting that it probably overestimates the GDP. The former Chief Statistician of India Pronab Sen, though, has a completely different view on the issue.<br /><br />After a business daily reported, quoting the study conducted by the NSSO, that 36 per cent of companies that are part of MCA-21 database of companies and are used in India's GDP calculations could not be traced or were wrongly classified, question have been raised in the Central Statistics Office (CSO) has been over-estimating the GDP.<br /><br />Pronab Sen has a very different take on this. He says that if you leave out shell companies, you would be under-estimating the GDP seriously for the very simple reason that wealth creation is going on in the parent company but it is showing up in the books of shell companies.<br /><br />Please <a href="https://www.businesstoday.in/top-story/leaving-out-shell-companies-would-seriously-underestimate-gdp-former-chief-statistician/story/344601.html?fbclid=IwAR1f_d7F3M6X2wDkEw8UjzOybohml02yGku1HbHpy_4N90nRagT7QZZGszM" title="https://www.businesstoday.in/top-story/leaving-out-shell-companies-would-seriously-underestimate-gdp-former-chief-statistician/story/344601.html?fbclid=IwAR1f_d7F3M6X2wDkEw8UjzOybohml02yGku1HbHpy_4N90nRagT7QZZGszM">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-BusinessToday.com<br /><br /><em>According to the Ministry of Corporate Affairs (MCA) there are around 9 lakh active companies are registered with the MCA after over 3.3 lakh companies were de-registered in two phases over 2017 and 2018<br /></em><br />The National Sample Survey Office (NSSO) has found many holes in MCA-21 data used for GDP calculation, hinting that it probably overestimates the GDP. The former Chief Statistician of India Pronab Sen, though, has a completely different view on the issue.<br /><br />After a business daily reported, quoting the study conducted by the NSSO, that 36 per cent of companies that are part of MCA-21 database of companies and are used in India's GDP calculations could not be traced or were wrongly classified, question have been raised in the Central Statistics Office (CSO) has been over-estimating the GDP.<br /><br />Pronab Sen has a very different take on this. He says that if you leave out shell companies, you would be under-estimating the GDP seriously for the very simple reason that wealth creation is going on in the parent company but it is showing up in the books of shell companies.<br /><br />Please <a href="https://www.businesstoday.in/top-story/leaving-out-shell-companies-would-seriously-underestimate-gdp-former-chief-statistician/story/344601.html?fbclid=IwAR1f_d7F3M6X2wDkEw8UjzOybohml02yGku1HbHpy_4N90nRagT7QZZGszM" title="https://www.businesstoday.in/top-story/leaving-out-shell-companies-would-seriously-underestimate-gdp-former-chief-statistician/story/344601.html?fbclid=IwAR1f_d7F3M6X2wDkEw8UjzOybohml02yGku1HbHpy_4N90nRagT7QZZGszM">click here</a> to read more. <br /></div>                                                           
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Home हिन्दी

Leaving out shell companies would seriously underestimate GDP: Former Chief Statistician -Dipak Mondal

Published on May 9, 2019   Modified on May 9, 2019

-BusinessToday.com According to the Ministry of Corporate Affairs (MCA) there are around 9 lakh active companies are registered with the MCA after over 3.3 lakh companies were de-registered in two phases over 2017 and 2018 The National Sample Survey Office (NSSO) has found many holes in MCA-21 data used for GDP calculation, hinting that it probably overestimates the GDP. The former Chief Statistician of India Pronab Sen, though, has a completely different view on the issue. After a business daily reported, quoting the study conducted by the NSSO, that 36 per cent of companies that are part of MCA-21 database of companies and are used in India's GDP calculations could not be traced or were wrongly classified, question have been raised in the Central Statistics Office (CSO) has been over-estimating the GDP. Pronab Sen has a very different take on this. He says that if you leave out shell companies, you would be under-estimating the GDP seriously for the very simple reason that wealth creation is going on in the parent company but it is showing up in the books of shell companies. Please click here to read more.

BusinessToday.com, 8 May, 2019, https://www.businesstoday.in/top-story/leaving-out-shell-companies-would-seriously-underestimate-gdp-former-chief-statistician/story/344601.html?fbclid=IwAR1f_d7F3M6X2w

Tagged with: National Sample Survey Office industrial growth Industrial GVA Industrial Output Industrial Output GVA estimation MCA-21 MCA-21 database Shell companies Ministry of Corporate Affairs NSSO

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