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Congress uses revised GDP data to defend UPA's economic record -Anuja

-Livemint.com The UPA delivered the highest decadal growth (8.13% at factor cost) since India acquired independence and handed over an Indian economy on the upswing in 2014, says former finance minister P. Chidambaram New Delhi: The Congress on Sunday defended the record of the United Progressive Alliance (UPA) on the basis of recently published back series data on gross domestic product (GDP). At a press conference today, former finance minister P. Chidambaram...

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Did Modi just give an A+ to Manmohan on economy?

-The Times of India NEW DELHI: A government-appointed panel has estimated that the economy grew at a double-digit rate (10.1 per cent) in 2006-07, a first in the post-liberalisation era and the second highest ever. The new series uses 2011-12 as the base year for prices, as against 2004-05 in the old series. The panel headed by Sudipto Mundle concluded that the difference is minimal, addressing concerns often raised about the...

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MoSPI says back series GDP figures 'not official', formal data later

-PTI As per the back series data on GDP, Indian economy clocked a 10.08 per cent growth rate in 2006-07, the highest since liberalisation of the economy in 1991 New Delhi: Amid ongoing controversy over the back series GDP figures showing better economic performance during the UPA regime, the Ministry of Statistics and Programme Implementation (MoSPI) on Sunday said "these are not official estimates" and the data will be released officially later. As...

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Modi govt's ad spend could feed 46 million children mid-day meal for a year -Shreya Raman

-Business Standard/ India Spend The BJP-led government spent Rs 4,880 crore ($753.99 million) on advertising its flagship schemes in the 52 months between April 2014 and July 2018 Mumbai: Midday meals for 45.7 million children for a year. One day’s wages for 200 million workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS). About 6 million new latrines. And at least 10 more Mars missions. These were some of the things...

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Nitin Gadkari's googly on jobs may be ominous for Narendra Modi govt; state of drift may be a political hot potato -Madhavan Narayanan

-Firstpost.com Was that a bouncer to the political opposition or was that a googly to Prime Minister Narendra Modi from an esteemed colleague in the cabinet? Trying to decipher Road Transport Minister Nitin Gadkari's latest jibe at caste-based quota seekers in government jobs amid protests by Marathas in his home state of Maharashtra is as tricky as discussing the current valuations of Sensex stocks or whether Cheteshwar Pujara would have helped India...

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