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NR Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy (NIPFP) and author of the series presented in a report to the National Statistical Commission, interviewed by Abhishek Waghmare (Business Standard)

-Business Standard "Under the new GDP series, there has been reallocation of a few items from one sector to another, from services to manufacturing sectors" The back series data of GDP released recently by a panel of experts has evoked sharp reactions among political circles and experts. N R Bhanumurthy, professor of economics at the National Institute of Public Finance and Policy, and the author of the series, presented in a report...

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Modi govt: Don't quote report that showed higher GDP growth under UPA than NDA -Mahua Venkatesh

-ThePrint.in Report by government-backed panel has pegged average growth under UPA at 8%, higher than that during 4 years under NDA. New Delhi: The Modi government has said that a GDP report that showed higher growth during the UPA years than under four years of NDA rule is only a draft and “should not be quoted anywhere”. The back-series GDP growth report was published on the website of the Ministry of Statistics and...

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Illegal forest land acquisition behind Kerala floods, says ecologist Madhav Gadgil

-Hindustan Times The ecologist said extensive stone quarrying and mushrooming of high-rises as part of tourism, and illegal forest land acquisition by private parties are the major reasons for the recent floods in the state. Pune: Ecologist Madhav Gadgil, founder of the Centre for Ecological Sciences at the Indian Institute of Science, Bengaluru, has described the floods in Kerala as a man-made disaster; a reaction to the illegal excavations, stone quarrying done...

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How the other half lives in Delhi: 4 stories of poverty, crushed dreams -Manoj Sharma

-Hindustan Times Most of the city’s poor are migrants — they constitute about 33% of the population of Delhi — who come to the city attracted by the promise of a secure livelihood and better life. But their hopes and dreams are, more often than not, belied. A peek into how they get by New Delhi: Last month, Delhi, the second wealthiest city in the country — with a total wealth of...

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ILO Wage Report Paints a Sorry Picture of Economic Inequalities in India -Anumeha Yadav

-TheWire.in Real average daily wages improved between 1993-94 and 2011-12, but gains of growth have bypassed casual workers, women and rural areas. Over the past two decades, India became one of the two fastest growing economies in the world, alongside China. The gross domestic product (GDP) has risen four folds since 1993. But has this growth been distributed to lower economic inequality? Has the increase in wages matched the pace of growth...

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