-TheWire.in A study has raised questions raised over the quality of the MCA-21 database, which is a crucial part of the new GDP series math. New Delhi: A National Sample Survey Office (NSSO) report has highlighted deficiencies in key government database of Indian companies, an observation that economists say could have consequences for the credibility of India’s GDP numbers. A technical study conducted by the NSSO between June 2016 and June 2017,...
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Growth in Agri GVA deflator saw a rising trend between 2005-06 & 2009-10, despite using different sources of back-series data
The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
More »For a malnutrition-free India -Shoba Suri
-The Hindu Effective monitoring and implementation of programmes are required for the country to achieve its goal by 2022 In this election season, it is important to keep promises made not just to voters, but also those made to improve the lives of children, the future of the nation. Despite programme commitments since 1975, such as creating Integrated Child Development Services and national coverage of the mid-day meal scheme, India continues to...
More »The problem with cherry-picking data -Arun Kumar
-The Hindu If it’s the government’s case that NSSO figures are suspect, what has it based policy decisions on? Minister of State for Housing and Urban Affairs Hardeep Singh Puri said last week, “we definitely have a data crisis,” and blamed academics for creating a “false narrative”. Yet, at the heart of the data crisis in India is the Central government, which has been holding back important data. Most recently, it did...
More »India must complete its reform process in next five years: Arvind Panagariya
-PTI India must focus on growth of labour-intensive sectors to create decent jobs for the masses as well as give “serious thought” to privatising the public sector banks (PSBs), eminent economist Arvind Panagariya has said, emphasising that the reform process must be completed in the coming five years. Panagariya, who had served as the first Vice Chairman of the NITI Aayog from January 2015 to August 2017, was responding to a question...
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