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Does India's New Series GDP Data Overestimate Manufacturing Output?

-TheWire.in The new series GDP data has been mostly replaced with corporate financial data for estimating manufacturing value-added, resulting in manufacturing assuming a higher share in India’s GDP and growing at a faster rate compared to the older series. New Delhi: Does the new method by which India calculates GDP (gross domestic product) data overestimate manufacturing output? This apprehension has been flagged by a key member of the Reserve Bank of India’s...

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Agri infrastructure for farmers' welfare is a priority -Radha Mohan Singh

-The Hindu Business Line The Narendra Modi government is committed to the welfare of farmers. As a result of this there has been a qualitative improvement in their lives. Taking a step in this direction, the government has transformed the targets meant for the implementation of farmers’ welfare schemes in a mission mode and time-bound manner. The government has been successful in bringing about awareness amongst farmers through new initiatives taken for...

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Attempts Being Made to Dilute Anti-Corruption Laws, AP Shah Writes to Modi -Gaurav Vivek Bhatnagar

-TheWire.in The letter by the former Delhi chief justice highlights the dangers of decriminalising the Companies Act, introducing electoral bonds, weakening the RTI Act and not implementing of the Lokpal Act and Whistleblowers Protection Act. New Delhi: In a letter sent to Prime Minister Narendra Modi, former chief justice of Delhi high court and noted rights activist A.P. Shah has lamented that “instead of increasing transparency and accountability and making the deterrents...

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Arvind Subramanian, outgoing Chief Economic Adviser to the Ministry of Finance, interviewed by TCA Sharad Raghavan (The Hindu)

-The Hindu The outgoing CEA also batted for the lateral entry of talent into the government The compensation payable to the States for revenue loss arising due to GST is just ?5,000 crore, far lower than was estimated, according to Chief Economic Adviser Arvind Subramanian. In a candid interview to The Hindu, the outgoing CEA also batted for the lateral entry of talent into the government, saying that it was a “no brainer”...

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UP Making Repeated Attempts to Quash HC Order Demanding Healthcare Overhaul -Anoo Bhuyan

-TheWire.in The state government has been seeking an ex parte injunction on Allahabad high court's wide-ranging judgment on its health system, but has not been granted one yet. New Delhi: For the last several weeks, the Uttar Pradesh government has been trying to file a petition in the Supreme Court, seeking an ex parte injunction on an Allahabad high court judgement prescribing a massive overhaul and audit of the state’s public health...

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