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108 economists & social scientists accuse Modi govt of blocking unfavourable data -Remya Nair

-ThePrint.in The scholars slammed the Modi govt for ‘political influence’, pointing at the decision to withhold NSSO jobs data and to alter GDP data from the UPA era. New Delhi: A group of 108 economists and social scientists came together Thursday to protest against what they said was the Narendra Modi government’s move to revise or withhold the release of unfavourable economic data. The NDA government has been under fire for its...

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How WhatsApp forwards are 'powering' India GDP growth -Vivek Kaul

-Livemint.com India's economic power has become a much-quoted metric ahead of Elections 2019. We separate three myths from reality Now that we are officially in election season, one can expect a slew of report cards on the performance, economic and otherwise, of the ruling Bhartiya Janata Party (BJP) government. However, it’s not that easy to gauge economic performance anymore. Not only are many official numbers under a cloud, over the past couple...

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Unhappy numbers

-The Indian Express Economic data raises questions about missed opportunities and expending of political capital by NDA government. As India’s political parties switch to poll mode, economic data released in the past few days at the end of the NDA government’s term paints a far from rosy picture. Industrial growth in January slowed down to 1.7 per cent compared to the 2.6 per cent growth in factory output in December last...

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Growth in Agri GVA deflator shows a declining trend in comparison to growth in other sectoral GVA deflators

Recent studies and media reports have confirmed that Indian farmers are facing non-remunerative and sometimes falling prices. A past news alert by the Inclusive Media for Change team indicated deflation in wholesale prices of 8 kharif crops (viz. maize, arhar, moong, urad, groundnut, soybean, sunflower seed and Niger seed) on average between 2016-17 and 2018-19. Based on data analysis, that news alert also demonstrated how the rural areas have witnessed...

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RBI warned of demonetisation impact on Indian economy, no effect on black money

-PTI RBI had met just two-and-a-half hours before PM Narendra Modi announced demonetisation on 8 November 2016 The government has always maintained that demonetisation did not have much impact on India's GDP growth New Delhi: The board of the Reserve Bank of India (RBI), which included the present governor Shaktikanta Das as a director, had warned of short-term negative impact of demonetisation on Indian economy and observed that the unprecedented move will not...

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