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Not in data's name: How not to be misled by biased Statistics -Karthik Shashidhar

-Livemint.com Going by official Statistics, there was a marked increase in the number of crimes committed against women in India in 2013—compared to the previous year, the number of crimes against women increased by a whopping 27%. However, before we jump to the conclusion that the number of crimes against women saw a significant increase in 2013, we need to look at the context. In December 2012, a woman in Delhi was...

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Is WPI useful in India anymore? -Barendra Kumar Bhoi

-The Hindu Business Line Using just wholesale price index as deflator could distort real GDP. Price indices for all inputs and outputs would work better Prior to the introduction of the all-India Consumer Price Index, popularly known as CPI combined (rural plus urban), the Wholesale Price Index (WPI) was the most useful price index in India. It measured the weekly rhythm of price movement in the country. Since 2009, WPI has been computed...

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For farmers today, grass is 'greener' than rice and pulses -Subodh Varma

-The Times of India Growing grass and selling it in the market may be more profitable than cultivating crops like wheat, rice, pulses or oilseeds. This bizarre conclusion, a reflection of the desperate conditions of Indian farmers, can be reached if one looks at how the value of various crops has changed over the last five years. Between 2011-12 and 2015-16, the total value of cereals and pulses produced in the country went...

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Why are farmers protesting despite bumper harvests? -Roshan Kishore

-Livemint.com Behind the rising tide of farmers’ protests lie several structural weaknesses facing the farm economy In a year when farm growth has crossed the 4% mark and official Statistics show a record increase in production, one would have expected farmers to celebrate. Instead, farmers in states such as Madhya Pradesh and Maharashtra are out on the streets protesting, and in some cases, facing bullets from the local police. What explains this...

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The loan-waiver mountain -Jayanta Roy Chowdhury

-The Telegraph New Delhi: If the Narendra Modi government caves in and grants a nationwide farm loan waiver, the tab could surge to a whopping Rs 3 lakh crore, dwarfing the UPA's initiative in 2008 that cost a little over Rs 52,000 crore. "We have warned that the exchequer will go bust if we grant a general amnesty on farm loans, which will cost over Rs 3 lakh crore," a senior finance...

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