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
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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
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
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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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        LATEST NEWS UPDATES | Whose GDP is it anyway? -Praveen Chakravarty    </title>
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It is time for political leaders to clamour for an overhaul of India&rsquo;s economic performance measurement framework

In a few weeks, a quarterly ritual will play out in India. The Government will release the first quarter&rsquo;s Gross Domestic Product (GDP)..."/>
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It is time for political leaders to clamour for an overhaul of India&rsquo;s economic performance measurement framework

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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>It is time for political leaders to clamour for an overhaul of India&rsquo;s economic performance measurement framework</em></p><p style="text-align:justify">In a few weeks, a quarterly ritual will play out in India. The Government will release the first quarter&rsquo;s Gross Domestic Product (GDP) growth numbers with some chest-thumping about how India is among the fastest-growing economies in the world. Opposition parties will hold press conferences on the same day to counter such bombast with facts, rhetoric and nitpicking. But the real question is: what is the significance and impact of GDP growth for the common person? The answer: very little.</p><p style="text-align:justify"><em>Growth and jobs</em></p><p style="text-align:justify">It is safe to say that the average person&rsquo;s primary and perhaps sole concern about the economy is the income they can earn. It is well documented that for several years, the single most important demand of people in India is jobs, specifically, a high-quality formal sector job that ensures dignity of work, good income and job security. It is then apparent that GDP growth matters to the average Indian only if it can generate good quality jobs and incomes for them.</p><p style="text-align:justify">Pease <a href="https://www.thehindu.com/opinion/lead/whose-gdp-is-it-anyway/article65685838.ece?homepage=true" title="https://www.thehindu.com/opinion/lead/whose-gdp-is-it-anyway/article65685838.ece?homepage=true">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.thehindu.com/opinion/lead/whose-gdp-is-it-anyway/article65685838.ece?homepage=true" class="re" target="_blank">The Hindu, 27 June, 2022, https://www.thehindu.com/opinion/lead/whose-gdp-is-it-anyway/article65685838.ece?homepage=true</a><div class="clear"></div>
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>It is time for political leaders to clamour for an overhaul of India&rsquo;s economic performance measurement framework</em></p><p style="text-align:justify">In a few weeks, a quarterly ritual will play out in India. The Government will release the first quarter&rsquo;s Gross Domestic Product (GDP) growth numbers with some chest-thumping about how India is among the fastest-growing economies in the world. Opposition parties will hold press conferences on the same day to counter such bombast with facts, rhetoric and nitpicking. But the real question is: what is the significance and impact of GDP growth for the common person? The answer: very little.</p><p style="text-align:justify"><em>Growth and jobs</em></p><p style="text-align:justify">It is safe to say that the average person&rsquo;s primary and perhaps sole concern about the economy is the income they can earn. It is well documented that for several years, the single most important demand of people in India is jobs, specifically, a high-quality formal sector job that ensures dignity of work, good income and job security. It is then apparent that GDP growth matters to the average Indian only if it can generate good quality jobs and incomes for them.</p><p style="text-align:justify">Pease <a href="https://www.thehindu.com/opinion/lead/whose-gdp-is-it-anyway/article65685838.ece?homepage=true" title="https://www.thehindu.com/opinion/lead/whose-gdp-is-it-anyway/article65685838.ece?homepage=true">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.thehindu.com/opinion/lead/whose-gdp-is-it-anyway/article65685838.ece?homepage=true" class="re" target="_blank">The Hindu, 27 June, 2022, https://www.thehindu.com/opinion/lead/whose-gdp-is-it-anyway/article65685838.ece?homepage=true</a><div class="clear"></div>
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It is time for political leaders to clamour for an overhaul of India&rsquo;s economic performance measurement framework

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    <h1 class="cat-box-title">Whose GDP is it anyway? -Praveen Chakravarty</h1>
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                            <p style="text-align:justify">-The Hindu</p><p style="text-align:justify"><em>It is time for political leaders to clamour for an overhaul of India&rsquo;s economic performance measurement framework</em></p><p style="text-align:justify">In a few weeks, a quarterly ritual will play out in India. The Government will release the first quarter&rsquo;s Gross Domestic Product (GDP) growth numbers with some chest-thumping about how India is among the fastest-growing economies in the world. Opposition parties will hold press conferences on the same day to counter such bombast with facts, rhetoric and nitpicking. But the real question is: what is the significance and impact of GDP growth for the common person? The answer: very little.</p><p style="text-align:justify"><em>Growth and jobs</em></p><p style="text-align:justify">It is safe to say that the average person&rsquo;s primary and perhaps sole concern about the economy is the income they can earn. It is well documented that for several years, the single most important demand of people in India is jobs, specifically, a high-quality formal sector job that ensures dignity of work, good income and job security. It is then apparent that GDP growth matters to the average Indian only if it can generate good quality jobs and incomes for them.</p><p style="text-align:justify">Pease <a href="https://www.thehindu.com/opinion/lead/whose-gdp-is-it-anyway/article65685838.ece?homepage=true" title="https://www.thehindu.com/opinion/lead/whose-gdp-is-it-anyway/article65685838.ece?homepage=true">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.thehindu.com/opinion/lead/whose-gdp-is-it-anyway/article65685838.ece?homepage=true" class="re" target="_blank">The Hindu, 27 June, 2022, https://www.thehindu.com/opinion/lead/whose-gdp-is-it-anyway/article65685838.ece?homepage=true</a><div class="clear"></div>
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Whose GDP is it anyway? -Praveen Chakravarty

Published on Jul 27, 2022   Modified on Jul 27, 2022

-The Hindu It is time for political leaders to clamour for an overhaul of India’s economic performance measurement framework In a few weeks, a quarterly ritual will play out in India. The Government will release the first quarter’s Gross Domestic Product (GDP) growth numbers with some chest-thumping about how India is among the fastest-growing economies in the world. Opposition parties will hold press conferences on the same day to counter such bombast with facts, rhetoric and nitpicking. But the real question is: what is the significance and impact of GDP growth for the common person? The answer: very little. Growth and jobs It is safe to say that the average person’s primary and perhaps sole concern about the economy is the income they can earn. It is well documented that for several years, the single most important demand of people in India is jobs, specifically, a high-quality formal sector job that ensures dignity of work, good income and job security. It is then apparent that GDP growth matters to the average Indian only if it can generate good quality jobs and incomes for them. Pease click here to read more.

The Hindu, 27 June, 2022, https://www.thehindu.com/opinion/lead/whose-gdp-is-it-anyway/article65685838.ece?homepage=true

Tagged with: Jobless growth Economic Growth GDP Growth Employment elasticity Employment Employment generation

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