-TheWire.in How correct was it for the Central Statistics Office to have selectively used contested methods for preparing the back series data? The spotlight is back on India’s growth rates, three years after the gross domestic product (GDP) data using the 2011-12 base year was released. Before trying to delve into the controversy surrounding the back-series data – which saw GDP growth from 2006-2012 reduce significantly – it is important to understand how...
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Recalculating GDP figures isn't wrong, it's strange. Let CSO explain this -Ashok V Desai
-The Economic Times The NDA government has been a pioneer a number of times. Demonetisation and the goods and services tax (GST) are only its bestknown antics. Now it has taken the lead in politicising national income statistics. Normally, the Central Statistical Office (CSO) issues a press note every quarter, giving figures of national income and its components for the previous quarter. The figures do not make headlines. The common man has...
More »Revised back-series GDP data poses a problem for SBI -- how did we really perform? -Mahua Venkatesh
-ThePrint.in SBI report says bank’s performance will have to be rewritten based on the new data and this can be contentious due to questions over credibility. New Delhi: The Narendra Modi government’s revised set of back-series GDP data, which slashed the average rate of growth during the UPA regime, pose “reconciliation problems regarding micro and macro data interpretation”, a State Bank of India (SBI) report said Thursday. A careful data interpretation will be...
More »When milk turns sour -Jitendra
-Down to Earth Farmers worldwide face existential threat as milk prices slump but dairy processing giants are making a windfall. Down To Earth travels to Germany, Kenya and several Indian states to take stock of the global crisis Call it the fallout of faulty farm policies of the rich or simply a demand-supply gap, dairy farmers across the world are crying for help as global milk prices slump. In India, the biggest...
More »No Rafale, No Mandir. Only Bad Jokes: What Elections Look Like in India's Poorest District -Suhas Munshi
-Firstpost.com Faring last on every quantifiable social parameter in the country, MP’s Alirajpur sees a different style of campaigning. Alirajpur (MP): It is hard to figure as one moves through the lanes of Alirajpur, located in the far west corner of Madhya Pradesh, that it will vote with the rest of the state on Wednesday. There are no political billboards to be seen in the town, no vehicles move around with party flags...
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