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
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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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
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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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
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                            <div align="justify">-TheWire.in<br /><br /><em>A study has raised questions raised over the quality of the MCA-21 database, which is a crucial part of the new GDP series math. <br /><br />New Delhi: </em>A National Sample Survey Office (NSSO) report has highlighted deficiencies in key government database of Indian companies, an observation that economists say could have consequences for the credibility of India&rsquo;s GDP numbers.<br /><br />A technical study conducted by the NSSO between June 2016 and June 2017, which examined parts of the corporate affairs ministry&rsquo;s database, found that 37% of the companies could either not be traced, had shut down or were wrongly classified in terms of what sector they belonged to.<br /><br />This study was recently uploaded on the survey office&rsquo;s website.<br /><br />The quality of ministry&rsquo;s company database, often referred to as &lsquo;MCA-21&rsquo;, has been in the spotlight over the last four years, after the Central Statistics Office made it a key component of how it calculated the new GDP series.<br /><br />While the government has maintained that using the MCA-21 database allowed for a more granular approach, as it drills down to the level of balance sheet data, some economists have argued that it is untested and may have unknowingly boosted India Inc&rsquo;s contribution to the country&rsquo;s growth figures.<br /><br />&ldquo;The use of MCA database in particular could have misleadingly enlarged the private corporate sector&rsquo;s share in the Indian economy and its growth rate,&rdquo; R. Nagaraj, a professor of economics at the Indira Gandhi Institute of Development Research, wrote in The Wire last year.<br /><br />Please <a href="https://thewire.in/macro/gdp-data-mca-21-nsso" title="https://thewire.in/macro/gdp-data-mca-21-nsso">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://thewire.in/macro/gdp-data-mca-21-nsso" class="re" target="_blank">TheWire.in, 8 May, 2019, https://thewire.in/macro/gdp-data-mca-21-nsso</a><div class="clear"></div>
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                            <div align="justify">-TheWire.in<br /><br /><em>A study has raised questions raised over the quality of the MCA-21 database, which is a crucial part of the new GDP series math. <br /><br />New Delhi: </em>A National Sample Survey Office (NSSO) report has highlighted deficiencies in key government database of Indian companies, an observation that economists say could have consequences for the credibility of India&rsquo;s GDP numbers.<br /><br />A technical study conducted by the NSSO between June 2016 and June 2017, which examined parts of the corporate affairs ministry&rsquo;s database, found that 37% of the companies could either not be traced, had shut down or were wrongly classified in terms of what sector they belonged to.<br /><br />This study was recently uploaded on the survey office&rsquo;s website.<br /><br />The quality of ministry&rsquo;s company database, often referred to as &lsquo;MCA-21&rsquo;, has been in the spotlight over the last four years, after the Central Statistics Office made it a key component of how it calculated the new GDP series.<br /><br />While the government has maintained that using the MCA-21 database allowed for a more granular approach, as it drills down to the level of balance sheet data, some economists have argued that it is untested and may have unknowingly boosted India Inc&rsquo;s contribution to the country&rsquo;s growth figures.<br /><br />&ldquo;The use of MCA database in particular could have misleadingly enlarged the private corporate sector&rsquo;s share in the Indian economy and its growth rate,&rdquo; R. Nagaraj, a professor of economics at the Indira Gandhi Institute of Development Research, wrote in The Wire last year.<br /><br />Please <a href="https://thewire.in/macro/gdp-data-mca-21-nsso" title="https://thewire.in/macro/gdp-data-mca-21-nsso">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://thewire.in/macro/gdp-data-mca-21-nsso" class="re" target="_blank">TheWire.in, 8 May, 2019, https://thewire.in/macro/gdp-data-mca-21-nsso</a><div class="clear"></div>
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                            <div align="justify">-TheWire.in<br /><br /><em>A study has raised questions raised over the quality of the MCA-21 database, which is a crucial part of the new GDP series math. <br /><br />New Delhi: </em>A National Sample Survey Office (NSSO) report has highlighted deficiencies in key government database of Indian companies, an observation that economists say could have consequences for the credibility of India&rsquo;s GDP numbers.<br /><br />A technical study conducted by the NSSO between June 2016 and June 2017, which examined parts of the corporate affairs ministry&rsquo;s database, found that 37% of the companies could either not be traced, had shut down or were wrongly classified in terms of what sector they belonged to.<br /><br />This study was recently uploaded on the survey office&rsquo;s website.<br /><br />The quality of ministry&rsquo;s company database, often referred to as &lsquo;MCA-21&rsquo;, has been in the spotlight over the last four years, after the Central Statistics Office made it a key component of how it calculated the new GDP series.<br /><br />While the government has maintained that using the MCA-21 database allowed for a more granular approach, as it drills down to the level of balance sheet data, some economists have argued that it is untested and may have unknowingly boosted India Inc&rsquo;s contribution to the country&rsquo;s growth figures.<br /><br />&ldquo;The use of MCA database in particular could have misleadingly enlarged the private corporate sector&rsquo;s share in the Indian economy and its growth rate,&rdquo; R. Nagaraj, a professor of economics at the Indira Gandhi Institute of Development Research, wrote in The Wire last year.<br /><br />Please <a href="https://thewire.in/macro/gdp-data-mca-21-nsso" title="https://thewire.in/macro/gdp-data-mca-21-nsso">click here</a> to read more. <br /></div>                                                           
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    <br><a href="https://thewire.in/macro/gdp-data-mca-21-nsso" class="re" target="_blank">TheWire.in, 8 May, 2019, https://thewire.in/macro/gdp-data-mca-21-nsso</a><div class="clear"></div>
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NSSO Questions Quality of Key Database Now Used to Calculate GDP

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

-TheWire.in A study has raised questions raised over the quality of the MCA-21 database, which is a crucial part of the new GDP series math. New Delhi: A National Sample Survey Office (NSSO) report has highlighted deficiencies in key government database of Indian companies, an observation that economists say could have consequences for the credibility of India’s GDP numbers. A technical study conducted by the NSSO between June 2016 and June 2017, which examined parts of the corporate affairs ministry’s database, found that 37% of the companies could either not be traced, had shut down or were wrongly classified in terms of what sector they belonged to. This study was recently uploaded on the survey office’s website. The quality of ministry’s company database, often referred to as ‘MCA-21’, has been in the spotlight over the last four years, after the Central Statistics Office made it a key component of how it calculated the new GDP series. While the government has maintained that using the MCA-21 database allowed for a more granular approach, as it drills down to the level of balance sheet data, some economists have argued that it is untested and may have unknowingly boosted India Inc’s contribution to the country’s growth figures. “The use of MCA database in particular could have misleadingly enlarged the private corporate sector’s share in the Indian economy and its growth rate,” R. Nagaraj, a professor of economics at the Indira Gandhi Institute of Development Research, wrote in The Wire last year. Please click here to read more.

TheWire.in, 8 May, 2019, https://thewire.in/macro/gdp-data-mca-21-nsso

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

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