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Not measure for measure -Uday Balakrishnan

-The Hindu With a plethora of government departments and international organisations putting out so much statistical data in the public space, often contradicting one another, it is the government's duty to clear the air with up-to-date and coherent statistical data linking social and economic indicators Purchasing Power Parity or PPP has validated a long held surmise that the poorer countries are not as badly off as they are made out to be...

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How to reap a good harvest -Ajay Jakhar

-The Indian Express I recently witnessed protests in Berlin, against industrialised farming and the planned free-trade agreement between the European Union and the United States, under the banner "We Are Fed Up". Trade issues resonate across Europe, but in India, farmers are oblivious to the inevitable consequences of trade agreements. However, the government seems keen to address issues related to farmers. Yet, success on the farm front can be delusional if...

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New GDP numbers' sheen to UPA-II -Indivjal Dhasmana

-Business Standard Govt's revised method of calculating output and growth make recomparisons inevitable in earlier judgments At the outset, nobody would believe that India's economy expanded by double-digits only four years earlier and the growth rate in gross domestic product (GDP) dived to as little as below four per cent during the global financial crisis period of 2008-09. Yet, these would be the facts if one measures growth in terms of the...

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World Bank flags Himachal kids' health, sex ratio -Baldev S Chauhan

-Business Standard The World Bank on Wednesday expressed concern over the disturbing malnutrion of children and gender inequality in Himachal Pradesh The World Bank on Wednesday expressed concern over the disturbing malnutrion of children and gender inequality in Himachal Pradesh. Despite an impressive economic growth and reduction in poverty during the past years, the hill state needs to tackle malnutrion, falling sex ratio of girls and the challenge of looking after growing...

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Private sector, ‘care economy’ will be key engines of job creation for next 5 years –UN report

-The United Nations Private sector services, such as business and administrative services, and real estate, as well as related industries, will employ more than a third of the global workforce over the next five years, according to new data released by the United Nations labour agency. "Service sector employment will remain the most dynamic with respect to job creation in the next five years," said Raymond Torres, a head researcher of...

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