-The Indian Express The Economic Survey, released by Chief Economic Advisor S Krishnamurathy a day before the Union Budget, pegged the nominal GDP growth at 12 per cent while the budget projected it at 11 per cent. New Delhi: Finance Minister Nirmala Sitharaman Wednesday dismissed speculations surrounding the GDP figures quoted in the Union Budget, saying “every number is authentic”. Replying to the debate on her maiden Union Budget in the Lok...
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Getting the GDP numbers right -S Mahendra Dev
-The Indian Express Estimates are not perfect, but the process is revised and fine-tuned. Former Chief Economic Adviser Arvind Subramanian’s recent paper claims that the Indian GDP growth may have been overestimated by 2.5 per cent per annum between the period 2011-12 and 2016-17. A note by Prime Minister’s Economic Advisory Council (PMEAC) rejects the methodology, arguments and conclusions of Subramanian’s paper. A study done at our institute by Ashima Goyal...
More »Tamil Nadu's population set to decline during 2031-41
-The New Indian Express Tamil Nadu’s population is set to see a decline during 2031-41, unless offset by inward migration, with its population peaking at 2031, according to the latest economic survey. CHENNAI: Tamil Nadu’s population is set to see a decline during 2031-41, unless offset by inward migration, with its population peaking at 2031, according to the latest economic survey. The decline is projected at 0.05 per cent. “Population growth will...
More »Economic Survey 2018-19: School going population peaks as fertility rate declines -Richard Mahapatra
-Down to Earth Nine states, which have fertility rates well below the replacement rate, will have an aged population by 2030s India’s population growth rate will decline faster than assumed, according to the Economic Survey 2018-19. In fact, the fertility rate in many states has reached the replacement rate. “India is set to witness a sharp slowdown in population growth in the next two decades,” analysed the Economic Survey. "The country will enjoy...
More »India GDP overestimation: more evidence -Nikita Kwatra
-Livemint.com India’s actual growth rate over the past few years may have been in the range of 5-5.5% over the past few years, according to a new study Last month, a research paper by the former chief economic adviser to the finance ministry, Arvind Subramanian, reignited the controversy surrounding India’s GDP calculations. In his paper, Subramanian suggested that India’s growth rate in recent years had been grossly overestimated --- a claim that...
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